GE, Comcast deal in the spotlight. Hotels are going the extra mile to entice travelers to stay in their rooms. Google wants you to be able to watch TV shows on YouTube for a fee.
Vivendi will not receive any cash upfront from General Electric for its stake in NBC Universal under a $5.8bn proposed deal agreed this week - a move that will boost GE's cash flow at a crucial time in the economic cycle.
For General Electric Co., the NBC entertainment division was always an odd fit. One of the nation's iconic industrial businesses, GE has spent 23 years making sitcoms and blockbuster movies along with jet engines, dishwashers and light bulbs.
The deal between General Electric and Comcast over a majority stake in NBC Universal is complete, and there is nothing left to do but process paper, a source close to the merger told CNBC.
General Electric has reached an agreement to acquire Vivendi SA's 20% stake in NBC Universal, setting the stage for the creation of one of the largest U.S. media companies, according to published reports.
ABUJA, Nigeria----GE Oil & Gas, a world leading company in oil and gas equipment and services, in consortium with Rockson Engineering Nigeria, has been awarded a $230 Million contract by the Federal Government of Nigeria for the installation and commissioning of a dual fired 150-200MW power plant in Kaduna, Nigeria.
So just what is the hot toy this holiday season? We'll talk about tire safety. And Ann Cates has some decent economic news to tell us about, direct from the MarketWatch News Room.
General Electric Co.'s agreement to buy out the portion of NBC Universal it doesn't already own paves the way for the sale of a controlling stake to Comcast Corp. in a deal that promises to reshape the entertainment industry.
General Electric has reached an agreement to acquire Vivendi SA's 20% stake in NBC Universal, setting the stage for the creation of one of the largest U.S. media companies, according to published reports.
Wall Street advances on Dubai debt relief, better-than-expected housing and construction readings and construction spending and talk of a GE-Comcast deal.
CHALFONT ST. GILES, United Kingdom & NEW YORK----GE Healthcare, a unit of General Electric Company , announced today that it has acquired Living Independently Group, Inc., the provider of QuietCare®, a passive monitoring system used to assist in the care of seniors.
Economic patriotism 1. Shareholder value 0. But then it was clear from the start that Paris had a preferred winner in the auction of state-owned nuclear group Areva's transmission and electricity distribution business.
U.S. stock futures rise on Tuesday on the belief that the crisis over debt in Dubai will be mostly contained in the region as key data on manufacturing looms.
No comments:
Post a Comment