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Daily Outlook - Oct 2 Tech

Apple and Eminem's music publisher, Eight Mile Style LLC, reached a settlement agreement on Thursday, putting an end to a lawsuit alleging that Apple was never authorized to digitally sell 93 of Eminem's songs on iTunes.

GE looking at partnership or IPO for NBC Universal

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General Electric Co is holding discussions on partnerships or an IPO for its NBC Universal unit, Chief Executive Jeffrey Immelt said, as expectations grow about a deal with cable operator Comcast Corp .
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Ghosn, Immelt see future for electric cars

A world where electric cars running on clean power is getting closer, corporate leaders said on Thursday, the day after an electric car battery maker raised much more than expected in an initial public offering.
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ReneSola to buy Dynamic Green Energy, shares up

Chinese solar wafer manufacturer ReneSola said on Wednesday that it will buy Dynamic Green Energy Ltd for about $88.5 million, mostly in stock, expanding the parts company into the market for solar panels, the final product sold to produce energy.
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Plutonic, GE unit commit to buy Canada wind farm

Plutonic Power Corp and a unit of General Electric Co said on Wednesday that they had committed to buying the Dokie Ridge wind project in western Canada after completing a due diligence investigation.
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GE CEO to test new management model in India

General Electric Co plans to test a new management model in India that the largest U.S. conglomerate believes will help it flourish through a long period of sluggish post-recession growth in developed markets.
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Path to any NBC Universal sale full of roadblocks

French media company Vivendi SA will decide whether to unload its 20 percent stake in NBC Universal by early December, setting the stage for a sale that may draw far more headlines than bidders.
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Vivendi silent on NBCU stake sale report

Vivendi declined to say on Monday what it planned to do with its 20 percent holding in U.S. media and entertainment group NBC Universal amid mounting speculation that it could decide to unload the stake this year.
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Vivendi likely to sell NBC Universal stake: report

Vivendi appears likely to sell its 20 percent stake in General Electric's NBC Universal this year, paving the way for a possible initial public offering of the studio in 2010, sources told the New York Times on Friday.
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GE-AMR deal shows industrial-finance balance-exec

Electric Co's deal to provide the parent of No. 2 U.S. carrier American Airlines with $1.88 billion of financing and also to sell engines for up to 100 new jets is its largest aviation finance deal in about a decade, a GE executive said on Thursday.
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AMR bolsters cash position, to order planes

American Airlines parent AMR Corp said on Thursday that it had bolstered its liquidity and planned to take steps that include buying new planes in a bid to return to profitability.
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Three-day rally brings GE stock into black for '09

General Electric Co shares crossed into positive territory for 2009 on Wednesday, in their third day of steady gains, helped by recent brokerage upgrades and easing investor concern about its finance arm.
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Wall Street closes up, S&P posts highest '09 finish

U.S. stocks closed higher for a fourth straight day on Wednesday, sending the Standard & Poor's 500 index to its best finish so far this year as industrial and technology companies gained from a weak dollar.
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GE exec sees another 12-18 tough months ahead

General Electric Co expects conditions in most of its core markets to remain challenging for the next 12 to 18 months, a top executive of the largest U.S. conglomerate said on Tuesday.
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Lobby group calls for global rules on energy trade

Global rules on trade and investment in energy and energy services are needed urgently ahead of negotiations on a convention on climate change in Copenhagen this year, an industry body said on Tuesday.
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Vivendi Q2 beats forecasts, says Zain deal dead

Europe's largest entertainment group Vivendi delivered forecast-beating second quarter underlying profit, despite the global economic crisis, and said it had ditched a deal with Kuwaiti telecoms firm Zain.

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