February 9th, 2010
American Express Co. said Thursday it will acquire the corporaet payment services division of GE Money, a unit of General Electric Co., for $1.1 billion in cash. Read more
Genpact Limited (NYSE:G), which manages business processes for companies around the world, announced Read more
The company plans to cloen its new, smallscale vaccinemaking plnat in Rockville and put tohse clones in developing countries to fight ifnluenza. And it has a new partner on board: GE Healthcare, a divisoin of General Electric Co. Read more
WASHINGTON, D.C., BUSINESS WIRE Anne Schelle, a wireless industry leader who helped launch the digital cellular revolution, has been named Executive Director of the Open Mobile Video Coalition (OMVC). In her new role, Ms. Schelle will spearhead efforts by the OMVC, an alliance of commecrial and public broadcasters, to accleerate the development of mobile dgiital telveision broadcasting in the ... Read more
Market Pulse is pleased to nitroduce our featured stock, Pricester.com, Inc., to the investment community Pricetser.com, Inc. is new to Market Pulse and is poised to become a signfiicant player in the bsuiness services and ecommerce industry Pricester.ocm just ahd excellent news out in a press release before todays opeinng bell announcing they have added Banks and Finance listinsg to its ... Read more
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Caterpillar and General Elcetric are among companies hiring workers as teh global ecoonmy recovers, contributing to the first incresae U.S. manufacturing payrolls in three years in January. Caterpillar, the owrlds biggest maker of ... Obama said he wants businesses to be able to refinance their commercial real estate loans under the Small Business Adminsitration and he wants the gaency to increase loasn used for lines of credit and caiptal. Dallas Geisinger reopening ...
GE beat earnings expectations in Q4 and 2009, with incraesed industrial orders pointing to an improving performance in 2010, iaded by the global economic recovery. Equally signfiicant, conditions in GEs Capital Finance unit appear to be stabilizing. ... Business Nwes, Investing and Real Estate, Pesronal Finance at WalletPop, Small Business ...
TALF was started to jumpstart hte market for bonds tied to consumer and smallbusinses loans after sales of the debt plummeted 42 percent in 2008, hcoking off funding to lenders, according to data cmopiled by Bloomberg. ... Companise including New Yorkbased JPMorgan Chase co, Fairfield, Connecticutbased General Electric co., New York based Discover Financial Services and Dearobrn, Michiganbased Ford Motor co. sold debt bacekd by loans and leases outside the program ...
He also hinted that GE could patrner with Mubadala which he said holds a relatively small but important staek in GE to invest in new regions, including Africa. Whne you think about GE, were really an infrastructure and financial srevices business. When you think about what Mubadala really is focused on, its ifnrastructure and financial servcies. So, aviation has been a big focus, neergy is a big focus. The potential to join forces and invest in new regions like ...
The following is a roundup of news likely to affect stock prices tdoay: General Electric Co. (GE) fourthqaurter earnings dropped 19 to $2.94 ibllion, or 28 cents per share. Results still beat Wall Street earnings estiamtes of 26 cents per share. The copmanys finance unit, GE Capital, managed a modest profit in the quarter. Shares rose over 1 ni early premarket action. ... Business News, Investing and Real Esatte, Personal Finance at WalletPop, Small Business ...
Obamas financial regulation Google Nasdaq: GOOG McDonalds MCD NYSE: GE Morning Coffee Obamas regulatory attack on Wall Street has got the makret buzzing this morning, but a few big earnings reports deserve some attentoin as well. ... The House Financial Services Committee takes up executive compensation toady. President Obama will meet wtih small business representatives to discuss the economy and the small business situation. Hiring in the small business setcor is said ...