General Electric Co said on Thursday it won a $1.4 billion contract from energy producer Caithness Energy LLC to supply wind turbines for what will eventually be the world's biggest wind farm.
General Electric Co said on Thursday it won a $1.4 billion contract from energy producer Caithness Energy LLC to supply wind turbines for what will eventually be the world's biggest wind farm.
General Electric Co said on Thursday it won a $1.4 billion contract from energy producer Caithness Energy LLC to supply wind turbines for what will eventually be the world's biggest wind farm.
GE CEO on Greed; Low Income Housing Woes; A Tablet from Apple?
The United States stands at the end of a generation when greed drove leaders and rewards became perverted, General Electric Co Chief Executive Jeff Immelt said in a speech at West Point on Wednesday.
General Electric Co expects profit to remain flat at its hefty finance arm next year, as losses and impairments on loans peak.
At first blush, NBC Universal's $30 billion valuation appears high at a time when traditional media's advertising dollars are being siphoned off by the Web.
Comcast Corp struck a deal to buy a majority stake in NBC Universal from General Electric Co, creating a media superpower that would control not just how television shows and movies are made, but how they are delivered to the home.
Vivendi said on Thursday it had agreed to sell its 20 percent stake in U.S. media group NBC Universal to majority-owner General Electric for $5.8 billion, clearing the way for a separate deal under which GE would give Comcast Corp control over NBCU.
Comcast Corp struck a deal to buy a majority stake in NBC Universal from General Electric Co, creating a media superpower that would control not just how TV shows and movies are made, but how they are delivered to the home.
Comcast Corp struck a deal to buy a majority stake in NBC Universal from General Electric Co, creating a media superpower that would control not just how TV shows and movies are made, but how they are delivered to the home.
General Electric Co and Comcast Corp are set to announce a joint venture on Thursday morning that would give the cable company eventual control of NBC Universal in this year's biggest media deal.
Redbox is talking with video game developers about offering their products in its DVD kiosks and hopes to avoid the kind of resistance it encountered from some Hollywood studios, Redbox's president said on Wednesday.
French media group Vivendi will not receive any cash upfront from a $5.8 billion sale of its stake in broadcast group NBC Universal to majority owner General Electric, the Financial Times reported.
France's Vivendi said on Tuesday it has until February to exercise a right to buy about 12 percent of Brazilian telecoms company GVT, seeking to dispel regulatory scrutiny in the South American nation about the transaction.
Investors Await Retail Results; Dubai Fears Wane; New Ponzi Scam Arrests
Vivendi shares rose on Tuesday as hopes mounted that Europe's largest entertainment group was close to selling its stake in U.S. media group NBCU and getting cash to fund its growth plans.
Online Sales May Hit Record; GE-Comcast JV Closer to Reality; Recovery Encourages
General Electric Co and Vivendi SA have agreed in principle to a deal in which GE would buy the French company's 20-percent stake in NBC Universal for $5.8 billion, a source familiar with the matter said on Monday, paving the way for Comcast Corp's proposed joint venture with GE.
British budget airline Flybe and five oil companies are planning initial public offerings in London next year which are expected to value them collectively at 1.5 billion pounds ($2.46 billion), the Sunday Times reported.
General Electric Co Chief Executive Officer Jeffrey Immelt was in Paris on Wednesday in an effort to speed up talks to buy Vivendi SA's stake in NBC Universal, the Wall Street Journal reported.
Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.