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General Electric Co


  • SINGAPORE, May 13- The maiden flight of China's Comac C919 commercial jet is behind schedule and its delivery could be pushed back as much as two years, sources familiar with the programme said, dimming its hopes of challenging Airbus and Boeing. The final assembly of the first aircraft is taking longer than expected at the production facility in Shanghai, said...

  • 'Disruptor' Quirky: Key to unlocking genius ideas Tuesday, 12 May 2015 | 6:43 PM ET
    Ben Kaufman, CEO, Quirky

    Jim Cramer speaks to the CEO of Quirky, one of CNBC's 50 Disruptors on its platform to transform a genius idea into a fortune.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mildly lower, recovering from sharp morning losses as investors found some relief from a slight recovery in the bond market.

  • PRAGUE, May 12- Banks in central and eastern Europe are coming up for sale as foreign owners look to cut costs or retreat from record low interest rates, presenting chances for new entrants to gain a foothold in countries where economic growth is picking up and outpacing the sluggish euro zone. *Alior Bank-- French financier Romain Zaleski is selling the 25 percent...

  • CEE bank sales offer investors a shot at growth markets Tuesday, 12 May 2015 | 10:19 AM ET

    WARSAW/ PRAGUE- May 12- More mid-sized banks are coming up for sale in central Europe as foreign owners retrench and stubbornly low interest rates squeeze others, creating openings for investors looking for a foothold in economies offering faster growth than the euro zone. In Poland, the biggest economy in the European Union's emerging east, three banks are...

  • Wall Street seen sharply lower as bond falloff weighs Tuesday, 12 May 2015 | 9:06 AM ET
    Traders signal offers in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE).

    U.S. stock index futures pointed to a sharply lower Wall Street open on Tuesday, as global stocks declined on the back of a sharp fall in bond prices.

  • Early movers: AOL, MS, HTZ, TSLA, AAPL & more Tuesday, 12 May 2015 | 7:57 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Disruptor 50: No. 15 Quirky Tuesday, 12 May 2015 | 7:00 AM ET
    Ben Kaufman, founder and CEO of Quirky

    This 6-year-old company culls ideas submitted to its website, and the best ones get made and sold in some of the world's biggest retailers.

  • GE mulls concessions to win approval of Alstom deal Tuesday, 12 May 2015 | 3:24 AM ET
    The General Electric Co. (GE) logo is displayed during the company's annual meeting.

    General Electric said it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of Alstom.

  • May 11- The U.S. government on Monday said MetLife Inc's lawsuit fighting its designation as being systemically important to the economy, often referred to as "too big to fail," should be dismissed. MetLife had in January became the first nonbank to challenge a decision by the Financial Stability Oversight Council, a panel led by Treasury Secretary Jacob Lew, that...

  • Cramer: China signals strong comeback—time to buy? Monday, 11 May 2015 | 6:30 PM ET
    Investors observe stock market at a stock exchange corporation on April 7, 2015 in Huaibei, Anhui province of China.

    Jim Cramer is seeing some signals floating over from China. Could that spark an economic revival for your portfolio?

  • NEW YORK/ BRUSSELS, May 11- General Electric Co said on Monday for the first time it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of France's Alstom. "We are willing to explore remedies to get this deal done even though again we believe in the merits of the deal," Steve Bolze, president and CEO of GE Power&...

  • New dating site caters to the 'monogamish' Monday, 11 May 2015 | 2:40 PM ET
    An image from a video commercial for OpenMinded

    Brandon Wade, a former Booz Allen consultant and General Electric employee, failed in the dotcom world until he landed on what he loved: love.

  • *China's losses are Mexico's gains. DETROIT, May 8- Nike Inc's announcement that it could create up to 10,000 manufacturing jobs in the United States will spark further debate on whether the country is starting to see an industrial renaissance after many years of job losses. The athletic shoemaker Nike on Friday joined Wal-Mart Stores Inc, Apple Inc, General...

  • BRUSSELS, May 8- German industrial group Siemens is set to secure unconditional EU approval for its $7.6 billion bid for U.S. oilfield equipment maker Dresser-Rand, two people familiar with the matter said on Friday. The acquisition, Siemens' largest ever, will boost the trains-to-turbines group's presence in the United States and the shale exploration boom...

  • Smart or suckers? Buybacks to hit $1 trillion Friday, 8 May 2015 | 12:18 PM ET
    The General Electric Co. (GE) logo is displayed during the company's annual meeting.

    In April, U.S companies said they would buy back $141 billion worth of their own stock, the largest repurchase authorization ever.

  • May 8- UK engineering group Rolls-Royce warned on Friday that shifts in currency exchange rates could hit reported revenues this year but possibly not profits, maintaining its current forecast. The world's second-largest maker of aircraft engines after General Electric, said profits would be more weighted towards the second half of the year and that...

  • MANNHEIM, Germany, May 7- German industrial group Siemens will cut a further 4,500 jobs as it battles to cope with subdued economic growth and weak demand from energy customers. The trains-to-turbines group currently employs around 340,000 people worldwide, including about 115,000 in Germany where it is one of the country's biggest employers.

  • FRANKFURT, May 7- German industrial group Siemens posted a slightly larger-than-expected 5 percent drop in quarterly industrial profit as a weak result at its digital factory unit compounded problems at its energy operations. Chief Executive Joe Kaeser is trying to streamline the company's sprawling portfolio and change the corporate culture to help it...

  • Power firm Alstom reports huge loss on US fine Wednesday, 6 May 2015 | 6:17 AM ET
    Alstom wind turbine.

    A U.S. fine for bribery pushed France's Alstom to a 719 million euro annual net loss - down from the previous year's 556 million profit.