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GE To Buy 7.66% Stake of Vivendi In NBC
Monday, September 27, 2010 - 2:29pm | 122Vivendi SA (OTC: VIVDY) announced on Monday that it had sold a 7.66% stake in NBC Universal to General Electric Company (NYSE: GE). The deal was valued at $2 billion and is in accordance with a deal that will remove Vivendi completely from NBC Universal. In addition to this, Vivendi said that the...
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GE and Harbin Electric Form Joint Venture to Capture Growth Opportunities in China
Monday, September 27, 2010 - 12:21pm | 112GE (NYSE: GE) today announced a joint venture with Harbin Electric Machinery Co., Ltd., a subsidiary of Harbin Power Equipment Co., Ltd., to manufacture and supply wind turbines to its customers in China. The deal enhances GE's ability to compete in China's $13 billion wind industry segment. The...
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Textron A Fair Value Stock
Monday, September 27, 2010 - 11:48am | 105J.P Morgan in a research report show's Textron Inc. (NYSE: TXT) is fairly priced. According to J.P. Morgan, "We continue to believe that the current stock price is not cheap, but closer to fair value, and that the bulls remain too optimistic on the trajectory for growth. That said, the cut is the...
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AAI Receives $8.9 Million Ground Control Station Award (TXT)
Monday, September 27, 2010 - 10:01am | 105AAI Corporation, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that it has received an $8.9 million award from prime contractor Northrop Grumman to provide the ground control station for the Long Endurance Multi-Intelligence Vehicle (LEMV) program. As a...
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Siemens Expects Increase in Q4 Revenue (SI)
Monday, September 27, 2010 - 9:27am | 20Simenens (NYSE: SI) said the company is expecting higher revenue in Q4.
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NBC Universal Announces Proposed Offering of Senior Notes
Monday, September 27, 2010 - 8:38am | 123General Electric Company (NYSE: GE) today announced that its subsidiary, NBC Universal, Inc., proposes to offer senior unsecured notes in a private placement. The issuance of the notes is part of the $9.1 billion of financing to be raised by NBC Universal in connection with the previously...
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McDermott Gets Contract from Aramco - Analyst Blog
Saturday, September 25, 2010 - 1:00pm | 2145McDermott International Inc. (MDR), through one of its subsidiaries, received a Contract Release Purchase Order from Saudi Arabian Oil Company, Saudi Aramco. As per the deal, McDermott will work for the Abu Safah, Safahniyah, and Berri fields under the Offshore Maintain Potential Project. ...
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Fast Money Picks For September 27th (CAT, BAC, JCG, MDR)
Friday, September 24, 2010 - 7:28pm | 155CNBC Fast Money's Mike Khouw said that he is looking to buy protection in Caterpillar Inc. (NYSE: CAT). He is also considering a stock replacement strategy. Caterpillar Inc. (NYSE: CAT) gained 4.55% on Friday. Guy Adami believes that Bank of America Corporation (NYSE: BAC) could move higher. Bank...
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Jeff Zucker Leaving NBC
Friday, September 24, 2010 - 11:51am | 79Jeff Zucker announced he is leaving NBC Universal after General Electric's (NYSE: GE) stake in NBC Universal is acquired by Comcast Corp. (NYSE: CMCSA). The deal is expected to close by the end of the year. It is not yet known where Zucker will wind up, though some have speculated he could wind...
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Thursday's Put/Call Ratio Leaders (SPWRB, AEO, GGP, TXT, ATHR)
Thursday, September 23, 2010 - 2:57pm | 133Here is a quick peak at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. SunPower Corp (NASDAQ: SPWRB) 22,277 puts, 253 calls 2. American Eagle Outfitters (NYSE: AEO) 9,179 puts, 330 calls 3. General Growth Properties (NYSE: GGP) 3,110 puts, 188 calls 4....
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Immelt Says U.S. Falling Behind
Thursday, September 23, 2010 - 1:23pm | 186General Electric (NYSE: GE) CEO Jeffrey Immelt said that the lack of a national policy is hurting the economy, and causing the U.S. to fall behind, according to the Wall Street Journal. "The rest of the world is moving 10 times faster than we are," said Immelt. "That is going to mean fewer jobs,...
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McDermott Awarded a New Purchase Order in Saudi Arabia (MDR)
Thursday, September 23, 2010 - 8:02am | 73McDermott International, Inc. (NYSE: MDR) announced today that one of its subsidiaries was awarded a Contract Release Purchase Order under the Offshore Maintain Potential Project, as part of the Long Term Agreement with Saudi Aramco. This award was included in McDermott's second quarter 2010...
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Siemens AG - ADR (SI) - Bull of the Day
Thursday, September 23, 2010 - 2:09am | 166We are upgrading our Neutral recommendation on Siemens (SI) to Outperform with a $121 target price. Revenue and orders both increased year-over-year in the third quarter of 2010. Revenue also increased sequentially for the second quarter in a row. The order backlog for all sectors hit 89 billion...
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Is Now The Time to Buy Illinois Tool Works? (ITW)
Wednesday, September 22, 2010 - 3:23pm | 220When the "players" in the world of manufacturing are brought up, names like 3M (NYSE: MMM), General Electric (NYSE: GE), and Tyco (NYSE: TYC) come to mind. For those looking for under-the-radar stocks, one might consider Illinois Tool Works (NYSE: ITW). Illinois Tool Works is a multinational...
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Electric Car Stock News, ENER1, Inc.(Nasdaq:HEV)
Wednesday, September 22, 2010 - 1:58pm | 730September 22, 2010 - (Investorideas.com renewable energy/green newswire) Investorideas.com a leading global investor and industry portal covering the green and renewable energy sector reports on recent green car stock news for investors following the sector. ENER1, Inc. (Nasdaq: HEV) just...