GENERAL ELECTRIC

U.S. sets grants for health technology, job training

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Members of President Barack Obama's Cabinet announced nearly $1 billion in grants on Friday to increase the use of health information technology, pushing a key component of Obama's healthcare overhaul and job creation plans.

Slim helps emerging-market M&A outstrip U.S., Europe

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Mexican tycoon Carlos Slim's multi-billion dollar move to consolidate his telecoms empire has helped push emerging-market mergers and acquisitions (M&A) ahead of U.S. and European dealmaking in the year to date.
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Riding green wave, Philips says let there be LED

More than a century into its existence, Philips is once again betting heavily on semiconductors. This time the consumer electronics firm is looking to harness their potential as a source of light.
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GE profit tops Wall Street forecasts

General Electric Co posted quarterly earnings that topped Wall Street expectations as it kept costs in line despite sluggish demand for jet engines, railroad locomotives and other heavy equipment.
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Stocks drop on Obama plan, Bernanke delay

U.S. stocks dropped on Friday as proposed sweeping restrictions on U.S. banks and the delayed confirmation of Fed Chairman Ben Bernanke overshadowed solid earnings from General Electric and McDonald's.
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GE profit tops analysts' estimates

General Electric Co reported earnings that topped Wall Street expectations, as it kept costs in line despite still-sluggish demand for electric turbines and other heavy equipment.
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GE results beat expectations

General Electric Co reported earnings that topped Wall Street expectations, as it kept costs in line despite still-sluggish demand for electric turbines and other heavy equipment.
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Tyco to acquire Broadview Security for $1.9 billion

Industrial conglomerate Tyco International will acquire Broadview Security for $1.9 billion in a deal that brings together two large providers of residential and commercial security in North America, the two companies said on Monday.
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GE shareholders may face a year of living sideways

After a tumultuous year that saw General Electric Co stock tumble to 18-year lows, then whipsaw back to triple that level, shareholders of the largest U.S. conglomerate may be in for a year of few, if any, gains.
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Comcast, NBC heads expected at Senate deal hearing

The heads of Comcast Corp and NBC Universal have been asked to appear at a Senate committee hearing later this month to discuss a deal pending between the two companies, a spokeswoman said on Monday.
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South Korea wins landmark Gulf nuclear power deal

A South Korean group won a landmark deal to build and operate four nuclear reactors for the United Arab Emirates, beating more favored U.S. and French rivals to one of the Middle East's biggest ever energy contracts.
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S.Korea wins Gulf nuclear power deal

A South Korean group won a landmark deal to build and operate four nuclear reactors for the United Arab Emirates, beating more favoured U.S. and French rivals to one of the Middle East's biggest ever energy contracts.
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S.Korea wins $40 billion UAE nuclear deal

A South Korean consortium won a $40 billion deal to build and operate four nuclear reactors for the United Arab Emirates, beating U.S. and French rivals to one of the Middle East's biggest ever energy contracts.
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Safran/GE venture wins lucrative China plane deal

The CFM International aero-engines joint venture of French group Safran and General Electric has won a multi-billion dollar deal to supply engines for China's future C919 plane, Safran said on Monday.
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Avaya sees Nortel deal helping private equity exit

The head of network equipment maker Avaya Inc AVXX.UL said its purchase of some Nortel Networks Corp (NRTLQ.PK) assets will boost market share and help a potential initial public offering or some other type of exit by its private equity owners.
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Dow Chemical looks for growth in water sector

Dow Chemical Co's buyout of Rohm & Haas earlier this year could help transform its small water business into an economic river, though the recession and enormity of sifting through thousands of potential products could slow its ambitious plans.
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GE sees flat 2010, to invest in core businesses

General Electric Co expects to record flat profit across its big industrial units next year, as a sluggish global economy crimps sales for jet engines, electric turbines and other heavy equipment.

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