April 2009
Calpine, GE Receive California Public Utilities Commission Approval of Power Purchase Agreement for Planned Bay Area State-of-the-Art Power Plant
Calpine Corporation (NYSE:CPN) and GE (NYSE: GE) unit GE Energy Financial Services announced today that the California Public Utilities Commission has approved an amended Power Purchase Agreement for a state-of-the-art combined-cycle natural gas power ...
GE Invests in Car-battery maker A123 Systems Inc
Car-battery maker A123 Systems Inc, world’s leading suppliers of high-power lithium ion batteries, is expected to announce Monday that it has raised $69 million as part of its most recent capital campaign, and that primary backer General Electric...
Tech Mahindra, partly owned by BT Group Plc Wins Bid for Satyam Computer!
Scam-tainted Indian software company Satyam Computer Services Ltd. Monday named a 17.56 billion rupees ($352.6 million) offer by a Tech Mahindra Ltd. unit as the highest bid for a 31% stake in the company. L&T and Wilbur Ross, the other two contend...
October 2008
A review: Why GE's CEO Jeffrey R. Immelt wants to cuts costs?
GE hasn’t sold Consumer & Industrial (formerly Appliances) yet. They’re trying but so far no known bidders. Not much value in the appliance division when new housing is on the skids. The margins are slim enough with the high end produc...
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