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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: General Electric

General Electric stories: 62 news summaries

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MARKETS

 Dow Up 17 as 
 Jobs Stats Stall Stocks 

Stock indexes finish week up 3%

Nov 6, 09 3:09 PM CST
(Newser) - Stocks rose slightly today after analysts upgraded GE—a striking sign of confidence, given the troubles at its finance arm over the previous year. But any enthusiasm was tempered by the news that unemployment hit 10.2% in October, the highest level since 1983.
  • The Dow rose 17.46
... More »

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Dow Jones • General Electric • unemployment • Nasdaq • S&P 500 • jobless • unemployment rate

MARKETS

 Dow Drops 67, 
 Sinks Below 10,000, 
 on IBM, BoA Reports 

Dour day cuts into weekly gains

Oct 16, 09 3:16 PM CDT
(Newser) - Stocks fell today as optimism about economic recovery waned in the face of disappointing earnings. Bank of American and General Electric’s financing division both posted quarterly losses. IBM, which reported strong profits but spooked investors with downbeat comments on the readiness of businesses to spend on technology, fell 5.... More »

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Bank of America • Dow Jones • General Electric • IBM • Nasdaq • S&P 500

FDA Ignored Data on Risky MRI Dye

Failed to single out role of GE dye, Omniscan,
in onset of disease

Oct 16, 09 8:51 AM CDT
(Newser) - In May 2006, Danish medical regulators came to GE with troubling findings. Twenty-five patients with weak kidneys had developed NSF, a rare and sometimes fatal disease, after undergoing MRIs, and all 25 had been injected with GE’s Omniscan dye. Since then, the GE dye, along with other so-called “... More »

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FDA • General Electric • MRI • Food and Drug Administration • medical technology • Omniscan

Big Business to 'Swarm' DC to Back Climate Bill

Bucking conventional wisdom, eBay, Gap, others push for action

Oct 5, 09 12:58 PM CDT
(Newser) - More than 150 business leaders plan to “swarm” Capitol Hill over the next two days in support of climate change legislation. Hailing from such disparate companies as eBay, the Gap, and PG&E, the executives say having a law in place would give them confidence in their long-term planning,... More »

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eBay • cap and trade • General Electric • Nike • United Technologies • climate change legislation • big business • Gap

 Comcast Near $35B Deal 
 for NBC Universal 

Cable giant has been in talks with owner of network for weeks

Sep 30, 09 9:01 PM CDT
(Newser) - Comcast is near a $35 billion deal to acquire NBC Universal, which encompasses the network, a movie studio, cable channels and more, sources tell the Wrap. Bankers from the cable giant and General Electric, NBCU’s parent company, met Tuesday after Comcast decided to think bigger than a pursuit of... More »

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entertainment • Comcast • cable TV • NBC Universal • mergers and acquisitions • General Electric • Vivendi • TV networks • movie studio

MARKETS

 Dow Gains 21 as 
 Industrial, Utility Sectors Rise 

Signs of life in M&A spur late advances

Sep 14, 09 3:24 PM CDT
(Newser) - Stocks swung to gains late in the session today, with industrial stocks and utilities pacing advances, the Wall Street Journal reports. Reports of the Chinese government acquiring power-plant developer AES boosted the S&P 500. AES gained 4.5%, and General Electric climbed 4.6%. The Dow rose 21.39... More »

MORE ABOUT:
China • Dow Jones • General Electric • Nasdaq • S&P 500 • AES

INTERVIEW

Buffett: 'We
Are Not Out of Problems Yet'

Investor looks to
clean up on crisis, but
is moving out of stocks

Sep 8, 09 6:38 AM CDT
(Newser) - Even Warren Buffett had a bad financial crisis: The Omaha sage personally lost $25 billion in 2008, enough to put him behind Bill Gates on the worldwide rich list. But while many investors hunkered down as markets tanked, Buffett recalibrated, pouring billions into companies—Goldman Sachs, GE, BofA, Amex—that... More »

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stock market • Goldman Sachs • Warren Buffett • General Electric • American Express • investment • Berkshire Hathaway • investor

MARKETS

 Dow Up 97 on Aug. Jobs Data 

Indices post declines for the week

Sep 4, 09 3:26 PM CDT
(Newser) - Traders focused on positive aspects of today's August unemployment report—declining job losses—rather than the upward revision in total jobless numbers, sending stocks higher, the Wall Street Journal reports. General Electric led advancing stocks on the Dow with a 3.35% gain. The Dow rose 96.66 points to... More »

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Dow Jones • General Electric • unemployment • Nasdaq • S&P 500

MARKETS

 Dow Off 97 Ahead of Fed News 

S&P falls back below 1,000

Aug 11, 09 3:24 PM CDT
(Newser) - Stocks fell today as investors took profits after the recent rally, the Wall Street Journal reports. Traders characterized the market as “on pause” ahead of a Fed statement on interest rates due tomorrow. Bank of America and GE led the Dow lower with 4.4% and 3.6% declines,... More »

MORE ABOUT:
Bank of America • Dow Jones • General Electric • Nasdaq • S&P 500

 What Truce? O'Reilly, 
 Olbermann Back in the Ring 

Olbermann calls O'Reilly 'worst'; O'Reilly attacks GE

Aug 6, 09 11:12 AM CDT
(Newser) - The feud between Bill O’Reilly and Keith Olbermann continues, despite word of a peace deal: On Monday Olbermann said there was no truce and awarded O’Reilly the silver medal for “World’s Worst Person.” Then he gave the gold to Fox News honcho Rupert Murdoch. O’... More »

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media • Rupert Murdoch • Bill O'Reilly • MSNBC • General Electric • SEC • feud • Fox News • Keith Olbermann • television news • President Obama

(Newser) - It took the intervention of a PBS peacemaker to halt the bitterest media fight of the decade, insiders tell the New York Times. Bosses at Fox and at MSNBC owner GE were fed up with Keith Olbermann and Bill O'Reilly's long-running feud—especially after they started savaging each other's networks—... More »

MORE ABOUT:
Bill O'Reilly • MSNBC • General Electric • Fox News • Keith Olbermann • talk show • Charlie Rose • Jeffrey Immelt • Countdown

MARKETS

 Dow Climbs 84, Hits '09 High 


Jul 30, 09 3:11 PM CDT
(Newser) - Good earnings reports and stellar performance by General Electric had markets at 2009 highs for a time today, the Wall Street Journal reports. “We have gotten so close to the S&P 1,000 level, you just sort of sense that unless there’s a horrible GDP number tomorrow,... More »

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stock market • NASDAQ • New York Stock Exchange • Dow Jones • General Electric • earnings reports • S&P 500

MARKETS

 Dow Ends Solid Week Up 32 

Indices all up at least 7% for the week

Jul 17, 09 3:17 PM CDT
(Newser) - Stocks were generally flat today as investors stepped back from a 4-day rally. IBM boosted the Dow, rising 4.3% after reporting strong quarterly profits, the Wall Street Journal reports. GE and Bank of America both trended lower after reporting declining earnings. Housing data showed home construction rose in June,... More »

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Bank of America • Dow Jones • construction • General Electric • IBM • housing • Nasdaq • S&P 500

MARKETS

 Financials Propel Dow Up 185 

Big gains for major banks ahead of earnings reports

Jul 13, 09 3:17 PM CDT
(Newser) - Stocks staged a broad rally today as financials soared ahead of earnings reports, the Wall Street Journal reports. Bank of America surged 9%, while Citigroup and JP Morgan Chase rose 6.9%. General Electric, which will also report its second-quarter earnings this week, rose 6.1%. The Dow closed up... More »

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Citigroup • Bank of America • Dow Jones • General Electric • Nasdaq • S&P 500 • JPMorgan Chase

(Newser) - President Obama's pick to run the Justice Department's environmental unit has an impressive resume when it comes to lawsuits against giant polluters. Trouble is, say her critics, all that experience has come from working with the bad guys. Ignacia Moreno, currently an attorney for GE, has spent years defending the... More »

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environment • Department of Justice • General Electric • nominee • EPA • President Obama • Ignacia Moreno • Superfund

INVESTIGATION

 GE Reaps 
 Billions From 
 Bailout Loophole 

Loophole lets company pull down $74B from FDIC

Jun 29, 09 8:09 AM CDT
(Newser) - The biggest beneficiary of the federal government's debt guarantee program, one of Washington's key bank rescue efforts, isn't a bank or a financial services company—it's General Electric, which exploited a loophole it had lobbied aggressively to insert, and reaped billions in bailout money. A joint investigation by ProPublica and... More »

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General Electric • Treasury Department • FDIC • loopholes • bailout • financing • Wall Street bailout

MARKETS

 Banks, Energy Fall; Dow Off 201 

Dow, S&P 500 now negative for 2009

Jun 22, 09 3:18 PM CDT
(Newser) - A global rout in materials and energy stocks combined with a sell-off in financials to wreak havoc on US markets today, the Wall Street Journal reports. The Dow closed down 200.72 at 8,339.01. The Nasdaq lost 61.28, closing at 1,766.19, and the S&P... More »

MORE ABOUT:
World Bank • Bank of America • Dow Jones • Alcoa • General Electric • American Express • Nasdaq • S&P 500

MARKETS

 Manufacturing Stats 
 Send Dow Down 187 

Manufacturing, housing demand reports disappoint

Jun 15, 09 3:18 PM CDT
(Newser) - Stocks fell today as a sharp monthly decline in the New York Fed’s manufacturing index hammered the materials, industrial, and energy sectors, the Wall Street Journal reports. Alcoa fell 6.3%, with Caterpillar, John Deere, and GE also down. In housing, the National Association of Home Builders’ index of... More »

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Dow Jones • Alcoa • General Electric • Nasdaq • Caterpillar • Deere and Co • S&P 500 • National Association of Home Builders • industrial • John Deere

Would-Be Car-Battery Kings Jostle Over $2.4B From Feds

States seek to become lithium-ion capital of US

May 26, 09 9:23 AM CDT
(Newser) - Some 165 companies and states are battling for a $2.4 billion Obama administration grant aimed at making the US a leader in electric-car batteries, the Wall Street Journal reports. General Motors, Dow Chemical, and General Electric are among the firms vying for the money; states like Michigan, Kentucky, and... More »

MORE ABOUT:
energy • General Motors • General Electric • Kentucky • Massachusetts • Michigan • funding • auto industry • grants • lithium ion batteries • Dow Chemical Co. • Department of Energy • Obama administration

(Newser) - General Electric has announced a new DVD-sized disc that holds 500 gigabytes of data—the equivalent of 20 Blu-Ray discs or 100 DVDs. Aimed at archivists but likely headed for the consumer market, the micro-holographic disc saves more data by storing it in three dimensions rather than on the disc's... More »

MORE ABOUT:
compact discs • General Electric • DVD • data storage • consumer electronics • Blu-Ray • holograph

1 - 20 of 62 Stories | 1 2 3 4 Next >>


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