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One arm of the giant corporate octopus makes wind turbines, but another arm - GE Energy Financial Services - tries to make money by investing its capital in projects that it thinks will be successful and profitable. Apparently the Chisholm View wind... Full Article at Treehugger
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From the Web
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CAE said the acquisition, funded with a new senior unsecured credit facility, will be accretive to earnings in fiscal 2014. Oxford was previously owned by London-based private equity fund STAR Capital Partners and General Electric GE-N. Benoit Poirier... Full Article at Globe and Mail
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Fears of Greece leaving the Euro zone eased after European leaders showed an interest in trying to prevent that from happening. That along with a round of upbeat US economic stats on housing and industrial production served to revive risk-taking... Full Article at CME Group
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The Federal Reserve also revealed that industrial production climbed 1.1% in April, which should be a promising sign for the auto bulls out there. Here's a look at how the three major indexes are digesting the news. Today's starlets But the real diva... Full Article at Motley Fool
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Other Events. Our parent, General Electric Company ("GE") announced today that the Board of Directors of General Electric Capital Corporation ("GECC") has declared a quarterly dividend of $475 million payable to GE in the second quarter 2012. 2012... Full Article at Bloomberg.com
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Dow Jones Industrial Average was rising 21 points to 12,652.09. Leading the blue-chip index higher were General Electric(GE), Cisco(CSCO) and Procter & Gamble(PG). Shares of General Electric rose 3.7% to $19.08. GE Capital declared a $475 million... Full Article at The Street
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GE To Buy Australia's Industrea For $696 Million, Fairchild Intl For Undisclosed Amount
International Business Times
Electric Co. Fairfield, Conn.-based GE will pay 700 million Australia n dollar ($696 million) for Australia 's Industrea Ltd. (Australia: IDL), 5.5 times the company's 2011 earnings before interest, tax, depreciation and amortization. GE has also... Full Article at International Business Times
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A really solid benchmark would be the Vanguard Total World Stock Exchange-Traded Fund, which holds nearly 4,000 stocks from across the world including long-established profitable companies such as Apple, Exxon Mobil, Nestle, General Electric and Samsung. Full Article at Forbes
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Autism Speaks was founded in February 2005 by Suzanne and Bob Wright, the grandparents of a child with autism. Mr. Wright is the former vice chairman of General Electric and chief executive officer of NBC and NBC Universal. Since its inception, Autism... Full Article at EurekAlert
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Electric's finance arm will resume its quarterly dividend to the parent company and pay the largest U.S. conglomerate a $4.5 billion special dividend this year. GE historically received a dividend from GE Capital, but halted that practice in the fourth... Full Article at CNBC
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“This action demonstrates the strength of GE Capital and the significant actions taken to strengthen its liquidity, capital, asset quality and profitability.” General Electric’s current dividend yield of 3.6% is already well above the rate on 10-year... Full Article at Forbes Blogs
