Stock index futures rose on Thursday following another string of stronger-than-expected quarterly corporate profits, including from Visa Inc , and fresh indications that the global economic downturn is easing.
General Electric Co's finance arm is navigating the current recession more or less as it had predicted in March and does not expect to turn to investors for more capital, company officials said on Tuesday.
General Electric Co said on Tuesday most of its finance portfolio was performing as it had expected, and it does not anticipate having to raise additional capital to carry it through the current downturn.
Trading company Sumitomo Corp entered the U.S. wind power market with its acquisition of a 42.5 percent interest in a Texas wind farm, the Nikkei business daily reported.
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Plutonic Power Corp and partner GE Energy Financial Services have been granted more time to finish a due diligence investigation into their planned purchase of a distressed wind farm project in Western Canada, they said on Monday.
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Diversified U.S. manufacturer Honeywell International Inc reported a 38 percent drop in earnings that matched Wall Street's forecasts and cut its full-year profit forecast to the bottom of its prior range.
General Electric Co is lobbying senators for incentives in the climate bill for everything from nuclear power plants to appliances, company officials said on Thursday.
General Electric Co has received approval to step back from a U.S. government-backed debt program, a change that the largest U.S. conglomerate said will allow it to issue some debt more cheaply.
General Electric Co said on Wednesday its finance arm has been cleared to exit the government's Temporary Liquidity Guarantee Program, in a show of strength as rival business lender CIT Group Inc faces possible bankruptcy.
U.S. stocks closed out their best week in four months on Friday on a flat note as strong earnings from IBM softened the blow of disappointing results from General Electric Co .
Stocks were little changed on Friday, as stronger quarterly earnings from IBM Corp offset disappointing results from bellwether companies like General Electric Co and Bank of America Corp
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Stocks declined on Friday, snapping four straight days of gains after disappointing quarterly results from bellwether companies like General Electric and Bank of America .
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General Electric Co warned investors that the economic contagion that has dragged down its finance and media businesses has spread to its heavy industrial units, prompting Chief Executive Jeff Immelt to lower his profit forecast for those businesses.
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General Electric Co said profit fell by almost half, on a deeper drop in revenue than Wall Street expected, as the slump that has gripped its finance and media businesses took hold of its heavy industrial units.
Oil slipped below $62 a barrel on Friday, undermined by concerns over the outlook for the world economy, a stronger dollar and some selling pressure after four days of gains.
General Electric Co said profit fell by almost half, on a deeper drop in revenue than Wall Street expected, as the slump that has gripped its finance and media businesses took hold of its heavy industrial units.
General Electric Co said profit fell by almost half, on a deeper drop in revenue than Wall Street expected, as the slump that has gripped its finance and media businesses took hold of its heavy industrial units.
