All Posts Tagged With: "GE"

(BA) Boeing Announces FAA Certification For 747-8

The Boeing Company (BA) received U.S. Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA) certifications for commissioning the new 747-8 Freighter. The FAA granted Boeing an Amended...

23Aug2011 | | 0 comments | Continued

(MO) U.S. Trade Deficit Much Worse than Expected

The Trade Deficit rose in June to $53.07 billion from $50.83 billion in May. The rise in the trade deficit is bad news for the economy, and the level is very dangerous.

For the month it was up 4.4%, and it was worse than the $48.0 billion consensus expectation....

22Aug2011 | | 0 comments | Continued

(AA) Stock Market News for August 16, 2011 – Market News

In what is being termed as the return of “Merger Monday”, an acquisition spree gave a boost to markets which posted its longest rally since early July. Additionally, positive economic news from Japan also brought joy to the markets and helped the Dow record its best three-day...

16Aug2011 | | 0 comments | Continued

(AXP) Stock Market News for August 11, 2011 – Market News

Indices were dealt yet another blow by a multitude of concerns as benchmarks incurred heavy losses on Wednesday. Worries about the debt crisis spreading to Italy and Spain bogged down investor sentiment with additional pressure coming from fears of France losing its AAA rating.

The...

11Aug2011 | | 0 comments | Continued

(XLF) Stock Market News for August 9, 2011 – Market News

Standard & Poor’s downgraded the US credit rating by a notch, delivering a crushing blow to benchmarks on Monday. Tension from the other side of the Atlantic also dampened sentiment as Europe was gripped by debt woes. Investors also struggled to find a clear answer about...

9Aug2011 | | 0 comments | Continued

(ITW) Illinois Tool Works Impresses Owners – Increases Divided

Illinois Tool Works Inc.’s (ITW) board of directors approved a 6.0% hike in the company’s quarterly dividend rate. The revised quarterly rate now stands at 36 cents per common share compared with 34 cents...

8Aug2011 | | 0 comments | Continued

(DD) U.S. Trade Deficit Soars in May

The Trade Deficit rose in May to $50.23 billion from $43.66 billion in April. The rise in the trade deficit is bad news for the economy, and the level is very dangerous.

For the month it was up 15.0%; worse than the $44.0 billion consensus...

5Aug2011 | | 0 comments | Continued

(CSCO) Stock Market News for August 4, 2011 – Market News

The volatile run of the markets ended with modest gains, which was also marked one of the busiest days of trading since mid-March. Uncertainty over economic growth kept investors jittery, though the benchmarks escaped recording their longest losing streak since Jimmy Carter’s...

4Aug2011 | | 0 comments | Continued

(XLK) Stock Market News for July 27, 2011 – Market News

Markets continued to be dragged down by lingering concerns over the deadlock in debt-ceiling negotiations and volumes remained low as investors adopted a wait and watch stance. Benchmarks continued to slide for the second consecutive day in the absence of strong economic reports...

27Jul2011 | | 0 comments | Continued

(ADSK) Company News for July 25, 2011 – Corporate Summary

•    Advanced Micro Devices, Inc. (NYSE:AMD) reported first quarter earnings per share of $0.09, surpassing the Zacks Consensus Estimate by a penny

•    Microsoft Corporation’s (NASDAQ:

25Jul2011 | | 0 comments | Continued

(AAPL) 2011 Second Quarter Earnings Preview – Detailed

Earnings Preview 7/15/11

Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are...

18Jul2011 | | 0 comments | Continued

(AXP) Stock Market News for July 13, 2011 – Market News

Indices washed out early gains made after Fed minutes suggested the possibility of a third economic stimulus package, as euro-zone debt woes led to markets closing in the red for the third consecutive day. Meanwhile, reports of US trade deficit surging more than expected also...

13Jul2011 | | 0 comments | Continued

(MR) Mindray Medical International Limited Acquires Hyssen of China

Mindray Medical International Limited (MR), a leading Chinese medical devices company, recently forged an agreement to take a controlling stake in Suzhou Hyssen Electronics Co. Ltd (“Hyssen”). The...

11Jul2011 | | 0 comments | Continued

(ITRI) Itron Installs ChoiceConnect

Itron Inc. (ITRI) recently announced the completion of the installation of more than 150,000 Itron gas meter communication modules in Greater Houston for a natural gas distribution subsidiary of CenterPoint...

10Jul2011 | | 0 comments | Continued

(AA) Stock Market News for July 5, 2011 – Market News

Markets skyrocketed to post their best weekly performance in two years as investor sentiment was bolstered by optimistic economic reports that somewhat washed out fears of a sluggish economic recovery. The Dow, in particular, had a great run, collecting 648 points over the...

5Jul2011 | | 0 comments | Continued

(TXT) Army to Receive Textron ASVs

Textron Inc. (TXT) said that a contract option exercised by the U.S. Army requires Textron’s Marine & Land Systems unit to deliver about 65 additional M1117 Armored Security Vehicles (ASVs). The option...

30Jun2011 | | 0 comments | Continued

(ITW) Illinois Tool Works Revises Historicals & Outlook

Illinois Tool Works Inc. (ITW) recently reclassified its historical results giving effect to discontinued operations and announced the impact of its share repurchase activity. The company consummated the repurchase...

30Jun2011 | | 0 comments | Continued

(ITRI) Itron & Tropos Networks’ Smart Grid Chosen by Avista Corporation

Itron Inc. (ITRI) and Tropos Networks’ jointly developed Smart Grid solution has been chosen by Avista Corp. (AVA) as part of its $38...

29Jun2011 | | 0 comments | Continued

(GE) General Electric Aviation Gets Orders Worth $27 Billion

GE Aviation, a part of General Electric (GE) and Nexcelle have signed an agreement whereby Nexcelle’s nacelle system (a streamlined enclosure on an aircraft that provides shelter to the crew, cargo and the...

29Jun2011 | | 0 comments | Continued

(SMP) Standard Motor Products’ Analyst Maintains Outperform on Shares

We reiterate our Outperform recommendation on Standard Motor Products Inc. (SMP), which is one of the nation’s leading manufacturers, distributors and marketers of automotive replacement parts. The company...

29Jun2011 | | 0 comments | Continued

(LMNX) Luminex MAGPIX Earns Stevie Award for Business

Luminex Corporation (LMNX), a developer of biological testing technologies, has clinched two American Business Awards (“Stevie Awards”) for its flagship MAGPIX analytical instrument. The Stevie Awards...

26Jun2011 | | 0 comments | Continued

(MRGE) Merge’s Senior Notes Offer Ends

Healthcare information software solutions provider, Merge Healthcare (MRGE) recently completed private offering of $52 million of 11.75% senior secured notes.

The company offered the notes as additional...

24Jun2011 | | 0 comments | Continued

(ITW) Illinois Tool Works’ May-end Revenue Update

Illinois Tool Works Inc. (ITW) reported an 18% year-over-year rise in its operating revenues for the three months ended May 31, 2011. The increase records an 8% growth, which can be ascribed to a hike in base...

23Jun2011 | | 0 comments | Continued

(PG) Siemens Acquires Minor Stake in Semprius

According to biz journals, Siemens AG has acquired a 16% stake in Durham, North Carolina based Semprius, manufacturer of high concentrating photovoltaic modules (HCPV). The terms of the transaction were not disclosed.

Semprius, develops HCPV solar modules that increase...

22Jun2011 | | 0 comments | Continued

(ADBE) Stock Market News for June 21, 2011 – Market News

In a thin trading session on Monday, markets were on track for a finish in the positive zone as fears around the Greece debt crisis subsided. The technology, consumer and energy sectors chalked up gains after the benchmarks ended their six week losing streak.

The Dow...

21Jun2011 | | 0 comments | Continued

(GE) General Electric Wellstream Wins New Contract

General Electric (GE) Oil & Gas’ Wellstream business has been awarded a long-term contract by Petróleo Brasileiro S.A., aka Petrobras (

20Jun2011 | | 0 comments | Continued

(COF) Capital One Acquires ING Direct USA

Capital One Financial Corp.(COF) announced an agreement to acquire ING Direct USA, the online banking unit of Amsterdam-based ING Groep NV (ING),...

19Jun2011 | | 0 comments | Continued

(MRGE) Merge Healthcare Issues Senior Notes

Healthcare information software solutions provider, Merge Healthcare (MRGE) recently announced a private offering of $52 million of 11.75% senior secured notes. The issue price is 103% of the principal amount...

16Jun2011 | | 0 comments | Continued

(GE) General Electric Unveils New Power Plant

General Electric Company (GE) unveiled a power plant capable of adjusting its production based on fluctuations in wind and solar power. The company spent $500 million to develop the system. Drawing from its...

14Jun2011 | | 0 comments | Continued

(NFLX) Netflix to Pay More for Starz

A leading provider of online movie rental services, Netflix Inc. (NFLX) may pay $200 million to $300.0 million a year to renew a licensing agreement for movies and television shows with Liberty Media...

14Jun2011 | | 0 comments | Continued