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General Electric Co


  • General Electric won EU approval Friday to sell its plastic division to petrochemicals manufacturer Saudi Basic Industries  for about $11.6 billion.

  • National carrier Air New Zealand said on Friday it would buy four Boeing 777-300 aircraft to give it the ability to seek new international routes. It added that it would leave its fuel surcharge unchanged, in contrast to some competitors.

  • A Whole Lot of Croc Wednesday, 1 Aug 2007 | 11:22 AM ET
    Fake Jane

    A hospital in Pittsburgh is banning Crocs, the comfy rubbery shoes with holes in them. Hospital officials call them a hazard, fearing a nurse might drop a syringe on his or her foot and, bingo! One nurse tells the AP that's a croc. "I mean, I can get a needle stuck in my arm or my leg."

  • 'Simpsons' Movie Enjoys Huge Box Office Open Sunday, 29 Jul 2007 | 1:48 PM ET

    After paying their dues on the small screen for 18 years, "The Simpsons" have become movie superstars in just one day.

  • Siemens New CEO Starts with Disposal, Poor Third-Quarter Wednesday, 25 Jul 2007 | 9:51 AM ET

    Siemens' new chief executive made his debut on Wednesday with a politically astute disposal, a surprise acquisition but a weak set of third-quarter results, sending Siemens shares down more than 4%.

  • GE Inks Middle East Deals Worth $1.8 Billion Wednesday, 25 Jul 2007 | 5:14 AM ET

    General Electric has signed three new deals in the Middle East worth a combined $1.8 billion, highlighting the region's importance to the U.S. industrial conglomerate.

  • Bancroft Dow Jones Decision Expected Next Week Wednesday, 25 Jul 2007 | 3:32 AM ET

    The family that controls Dow Jones expects to decide by early next week if it wants to sell the company to Rupert Murdoch's News Corp. for $5 billion, a source familiar with the matter said on Tuesday.

  • 'Chuck and Larry' Overtakes 'Potter' at Box Office Sunday, 22 Jul 2007 | 7:12 PM ET

    Adam Sandler's faux gay comedy "I Now Pronounce You Chuck and Larry" charmed $34.8 million from moviegoers its first weekend in theaters to nudge the latest "Harry Potter" film from the top of the box office, according to studio estimates on Sunday.

  • CNBC's Domm: Today's Agenda in the Markets Friday, 20 Jul 2007 | 10:52 AM ET

    Earnings misses by tech darling Google and Caterpillar, one of the Dow's power drivers, are adding to a wobbly opening on Wall Street. Citigroup though is a bright spot with a better than expected 18 percent profit gain and record revenues from investment banking and overseas business.

  • Being German May be Key to Continental Getting VDO Friday, 20 Jul 2007 | 7:58 AM ET

    Continental Chief Executive Manfred Wennemer will have to play the German card to get key support from German unions to buy conglomerate Siemens' automotive electronics unit VDO.

  • Satyam Computer Services, India's fourth-largest software exporter, reported a 7% rise in quarterly profit on Friday, below forecasts as a stronger rupee hurt margins.

  • Dow Jones Board Endorses $5 Billion News Corp. Bid Wednesday, 18 Jul 2007 | 10:31 AM ET

    The board of Dow Jones has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp., sending the deal to the controlling Bancroft family for final approval. The 16 members of the board, which met for several hours Tuesday, were not unanimous in their decision, but a "strong majority" voted to recommend approving the deal, said one source familiar with the matter.

  • Abbott Profit Rises as Humira, Other Drugs Shine Wednesday, 18 Jul 2007 | 9:36 AM ET

    Abbott Laboratories posted higher second-quarter earnings Wednesday on increased sales of its prescription drugs, with global revenue from arthritis treatment Humira jumping 50%.

  • CNBC Executive Leadership Awards Tuesday, 17 Jul 2007 | 9:05 AM ET

    The CNBC Executive Leadership Awards honor  executives who have shown exemplary leadership, inspiration and innovation.  More than 300 business leaders attended the third annual gala at the Pierre Hotel in New York Wednesday night and paid special tribute to legendary Federal Reserve Board Chairman Alan Greenspan.

  • Dow Jones Board Member Moves to Block News Corp: WSJ Sunday, 15 Jul 2007 | 10:42 PM ET

    A Dow Jones board member who is also part of the family that controls the company has launched a last-ditch effort to block a takeover by Rupert Murdoch's News Corp., the Wall Street Journal reported on Sunday.

  • The stock market finished the week with the Dow Jones Industrial average and the S&P 500 closing at lifetime highs for a second consecutive day.  The Nasdaq Composite shook off earlier weakness to close in the plus column.

  • GE Profit Rises 10%; To Exit U.S. Subprime Market Friday, 13 Jul 2007 | 1:28 PM ET

    General Electric reported a 10% increase in quarterly profit, as strong results at its commercial finance and infrastructure business, offset a loss at its subprime mortgage business.

  • Investing Better Than George Soros Friday, 13 Jul 2007 | 11:39 AM ET

    Even the billionaire who broke the British pound will have some poor picks in his portfolio. But Cramer says he found one stock that is definitely worth owning.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.

  • CNBC's Domm: Today's Agenda in the Markets Friday, 13 Jul 2007 | 8:51 AM ET

    U.S. stocks are ready to rise at the open after equities markets worldwide set records of their own on the back of Wall Street's big rally.

  • GE Plans to Sell Subprime Mortgage Unit Friday, 13 Jul 2007 | 2:26 AM ET

    General Electric has decided to sell its WMC Mortgage subprime lending business, the lender told employees in a memo Thursday.