GENERAL ELECTRIC

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GE, Eaton, Warburg remain bidders for BAE unit: sources

General Electric Co , Eaton Corp and private equity firm Warburg Pincus remain in the race for BAE Systems Plc's Platform Solutions unit as the auction reaches the final stage, two people familiar with the matter said on Friday.
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U.S. manufacturers could face slower 2011 growth

After racking up strong earnings growth in 2010, major U.S. manufacturers are expect to set the stage for a slower-paced 2011 when they meet with analysts and investors to lay out their expectations for the coming year.
Airbus to announce upgraded A320 engines.

Airbus to announce plans to upgrade A320 engines

European plane-maker, Airbus, is expected to announce today its plans to upgrade its best-selling A320 passenger jets with new engines supplied by General Electric Co. and Pratt & Whitney, sources familiar with the plans informed Reuters.
 GE to host electric vehicle tour in US

Ten best cities for electric cars in United States

Plenty of research - from sources like GE and Deloitte, to name a few - has shown that range anxiety, or the fear of running out of battery charge in the middle of the road, is one of the biggest factors scaring consumers away from electric vehicles (EVs).
U.S. President Barack Obama

Obama announces $10-bln worth trade deals with India; 54,000 jobs eyed

U.S. President Barack Obama announced 20 new trade deals with India worth about $10 billion, which are likely to create around 53,000 jobs in the United States. Deals ranging from sale of heavy transport and commercial aircraft, to gas and steam turbines have been inked. Obama, who is on a 10-day trip through Asia, presided over a meeting of U.S. and Indian executives in India's financial capital of Mumbai.
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Sanofi makes £11.9 billion Genzyme offer public

France's Sanofi-Aventis on Sunday publicly disclosed its $18.5 billion (11.8 billion pounds), $69 (44.36 pounds)-per-share cash offer for Genzyme Corp in a bid to rouse shareholders after failing to engage the U.S. biotechnology company in merger talks.
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Dow Chemical profit and revenue miss Wall Street views

Dow Chemical Co posted lower-than-expected quarterly profit on Tuesday as three plant outages offset a jump in sales across all units and regions, sending shares of the biggest U.S. chemical producer down 3.6 percent in premarket trading.
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Manufacturers continue streak of profit beats

Honeywell International Inc and Ingersoll-Rand Plc raised their 2010 profit forecasts and General Electric Co boosted its dividend in moves that underlined U.S. manufacturers' growing confidence in the economic recovery.
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Wall Street slides as consumer data disappoints

U.S. stock indexes fell as much as 2.4 percent on Friday after consumer sentiment fell to an 11-month low and consumer prices fell, while GE and two big U.S. banking companies missed quarterly revenue expectations.
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GE ends long slump with 16 percent profit growth

General Electric Co reported a 16.1 percent rise in profit, topping analysts' expectations and ending a streak of nine quarters of decline, on strong demand for healthcare and oil and gas equipment.
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World stocks ease on U.S. economy outlook

World stocks eased on Friday on a worsening outlook for the U.S. economy that also pushed the dollar to 7-month low against the yen and near a 2-month trough versus the euro.
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Glaxo takes $2.4 bln charge, Avandia mostly settled

GlaxoSmithKline expects to record a legal charge of 1.57 billion pounds ($2.4 billion) for the second quarter after settling the substantial majority of claims relating to its controversial diabetes pill Avandia.

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