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General Electric Co

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  • General Electric Chairman and Chief Executive Jeffrey Immelt said his "green" ecomagination unit is on track to "blow away" its 2010 sales target of $20 billion as demand for environmental products and services surges.

  • Flying High on Aircraft Financing Wednesday, 23 May 2007 | 6:27 PM ET

    Conference calls are the foundation for doing diligent homework. If you were listening to AIG's latest call, you'd know that the little business of aircraft financing is hot and getting hotter.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Digging Through the Dow Tuesday, 22 May 2007 | 7:48 PM ET

    People just don’t believe Cramer when he says he thinks the Dow Jones Industrial Average will see 14,548 by year’s end. That’s why all week he’s breaking down each component of the index to show the nonbelievers from where the next 1,000 points is coming. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Universal Studios to Open South Korean Theme Park Monday, 21 May 2007 | 9:53 PM ET

    Universal Studios said on Tuesday it has agreed to open its latest Asian theme park in South Korea by 2012, seeking to expand in Asia's burgeoning theme park industry.

  • Stocks ended mixed as the S&P 500 failed to hold above its previous record, despite another busy day of mergers and acquisitions activity. "Everyone knew that the S&P was going to reach its old record but clearly there is resistance there," said Stephen Porpora, managing floor broker at William O'Neil.

  • General Electric agreed to sell its GE Plastics unit to Saudi Basic Industries Corporation (Sabic) for $11.6 billion and plans to use much of the proceeds to repurchase stock.  "It's hard for me" to sell the plastics business, GE CEO Jeff Immelt told CNBC's "Squawk Box." "But I think it goes to what I’ve always said about the companies--you’ve got to be tough- minded about the portfolio."

  • 'Shrek the Third' Shatters U.S. Box Office Records Sunday, 20 May 2007 | 5:55 PM ET
    A scene from "Shrek The Third." The film took in $122 million in its first weekend.

    "Shrek the Third" took in $122 million in its first weekend, breaking the franchise's own record for best debut ever for an animated film, according to studio estimates Sunday.  The latest adventure of the ogre shot past 2004's "Shrek 2," the previous record-holder for animated openings with $108 million.

  • Private Equity Buyout Frenzy Raises Legal Issues Sunday, 20 May 2007 | 4:48 PM ET

    Judges in Delaware's famed business court are keeping a close eye on legal issues cropping up amid the recent wave of private equity buyouts of public corporations.

  • The Week on Wall Street Friday, 18 May 2007 | 6:28 PM ET

    Stocks ended the week mostly higher as strong economic data, soothing comments from Federal Reserve Chief Ben Bernanke and continued M&A action kept buyers in the market. The Dow Jones Industrial Average closed the week with gains of 1.7% while the S&P 500 traded up 1.1%. Both indexes closed higher for the seventh straight week. Not so for the Nasdaq, however, which fell 0.2%.

  • Dow, S&P 500 Finish Higher For Seventh Straight Week Friday, 18 May 2007 | 5:17 PM ET

    Stocks closed broadly higher on Friday as the major markets hit new highs on takeover news and encouraging consumer data. "Right now investor sentiment is surging to the optimistic side," said Chris Johnson, founder and chief investment strategist at Johnson Research Group.

  • Share Buybacks Called Bullish Value Sign Friday, 18 May 2007 | 10:20 AM ET

    Share buybacks are seen driving the market rally. But is the record buyback level really a good thing? Jerry Castellini thinks so. The president and CIO of CastleArk Management explained his optimism to "Squawk on the Street" viewers.

  • General Electric is close to selling its plastics unit for almost $11 billion to Riyadh-based chemicals company Saudi Basic Industries, the Wall Street Journal reported on its website on Thursday.

  • Thanks to CEO, Honeywell Sees Sweet Success Thursday, 17 May 2007 | 11:50 AM ET

    David Cote changed this ailing company into one of America's great manufacturers. That's why he's on Cramer list of top turnaround chief executives.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • GE Recalls 2.5 Million Dishwashers Wednesday, 16 May 2007 | 7:43 AM ET

    General Electric and the U.S. Consumer Product Safety Commission said on Wednesday the company was recalling 2.5 million built-in dishwashers manufactured from September 1997 to December 2001.

  • Responding to recent calls for General Electric to spin off NBC Universal, GE Chairman and CEO Jeffrey Immelt said he sees strong growth ahead for the news and entertainment unit but that "nothing is safe."

  • Interview Transcript: GE's Jeff Immelt Tuesday, 15 May 2007 | 3:13 PM ET

    The following is a transcript of a CNBC interview with General Electric Chairman and CEO Jeff Immelt on CNBC's "Morning Call" today at 10:10 AM ET.

  • Countrywide to Beef Up Sales Ranks as Rivals Falter Monday, 14 May 2007 | 1:26 PM ET

    Countrywide Financial, the largest U.S. mortgage lender, plans to add 2,000 sales jobs this year as a housing slowdown batters weaker rivals, Chief Executive Angelo Mozilo said on Monday.

  • Investment Chief Names Top Global Stock Picks Thursday, 10 May 2007 | 11:00 AM ET

    What does it mean if corporate earnings are "even better abroad" than in the U.S.? "A great play for investors," according to Keith Wirtz. The president and CIO of Fifth Third Asset Management offered "Squawk on the Street" viewers his outlook on the market -- and his favorite multinational stock picks.

  • Rio Tinto Shares Slip Back After Record Thursday, 10 May 2007 | 12:34 AM ET

    Shares in Rio Tinto retreated as much as 4% on Thursday, a day after surging to a record onspeculation BHP Billiton may make a $100 billion-plus takeover bid.

  • In TV's worst spring in recent memory, an alarming number of Americans drifted away from television the past two months: More than 2.5 million fewer people were watching ABC, CBS, NBC and Fox than at the same time last year, statistics show.