International Business News - GE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Stocks pare losses to finish mixed after oil spikes NEW YORK (AP) _ Wall Street capped a week of big gains with modest moves Friday as investors grappled with surging energy prices that overshadowed news of a surprise increase in home construction. http://www.ibtimes.com/articles/20080516/business-highlights.htm Fri, 16 May 2008 18:26:05 EDT They hung on during years of downsizing, but now the few thousand people working at GE's sprawling Appliance Park face even greater uncertainty with the company's plans to sell or spin off its appliance business. http://www.ibtimes.com/articles/20080516/workers-ky-officials-face-uncertainty-over-ge-operation.htm Fri, 16 May 2008 16:01:32 EDT General Electric Co.'s plans to sell or spin off its appliance business is a modest negative for Whirlpool Corp., an analyst said Friday, as it could potentially form a more aggressive competitor. http://www.ibtimes.com/articles/20080516/ge-appliance-sale-a-modest-negative-for-whirlpool.htm Fri, 16 May 2008 14:04:22 EDT Stocks that are moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq: NYSE http://www.ibtimes.com/articles/20080516/general-electric-zoltek-among-big-market-movers.htm Fri, 16 May 2008 16:36:32 EDT General Electric confirmed Friday that the nation's economic slowdown is prompting it to get out of the appliance business. http://www.ibtimes.com/articles/20080516/general-electric-appliance-business-goldman-sachs.htm Fri, 16 May 2008 13:28:40 EDT Shares of General Electric Co. rose in premarket trading Friday after the company confirmed it plans to sell or spin-off its century-old appliance business. http://www.ibtimes.com/articles/20080516/premarket-movers-ge-rises-dynavax-falls.htm Fri, 16 May 2008 09:17:38 EDT NEW HAVEN, Conn. _ General Electric Co. plans to sell or spin off the business that for a century has put appliances in American homes, a decision that could presage further asset sales, analysts said. http://www.ibtimes.com/articles/20080516/ge-confirms-plans-to-exit-appliance-business.htm Fri, 16 May 2008 17:46:23 EDT The Dow Jones Industrial average closed higher on Thursday, led by automaker General Motors Corp., after the automaker reached a tentative agreement with the Canadian Auto Workers union. http://www.ibtimes.com/articles/20080515/djia-leaders-and-laggards-gm-utx.htm Thu, 15 May 2008 17:02:28 EDT HARTFORD, Conn. _ Maverick oilman T. Boone Pickens' plan for a mammoth wind farm in the Texas Panhandle is a $2 billion bet that Congress will extend a tax credit critical to the environmentally friendly industry. http://www.ibtimes.com/articles/20080515/maverick-oilman-pickens-puts-2b-bet-on-wind-power.htm Thu, 15 May 2008 17:04:56 EDT The stock market notched its second straight daily advance Thursday, with investors assuaged by a pullback in oil prices and some better-than-expected economic data. http://www.ibtimes.com/articles/20080515/stocks-rise-on-oil-price-drop-mixed-economic-data.htm Thu, 15 May 2008 17:33:08 EDT Following is a summary of top stories in the energy sector Thursday afternoon. Oil Down After Volatile Session http://www.ibtimes.com/articles/20080515/energy-sector-roundup-crude-oil-settles-lower.htm Thu, 15 May 2008 15:57:16 EDT With consumers strapped and financing tight, it makes sense for General Electric Co. to sell its 101-year-old appliance business, although it may not fetch the best price, analysts said Thursday. http://www.ibtimes.com/articles/20080515/ge-appliance-sale-would-make-sense-analysts-say.htm Thu, 15 May 2008 15:56:55 EDT Wall Street moved higher Thursday after a batch of reports pointed to an economy that is hurting, but not experiencing as rough a time as many investors expected after the near-collapse of the mortgage market. http://www.ibtimes.com/articles/20080515/stocks-advance-as-investors-sift-through-data.htm Thu, 15 May 2008 15:12:35 EDT Wall Street turned higher in erratic trading Thursday as a batch of reports pointed to an economy that is hurting, but not experiencing as rough a time as many investors expected after the near-collapse of the mortgage market. http://www.ibtimes.com/articles/20080515/stocks-turn-higher-as-investors-sift-through-data.htm Thu, 15 May 2008 12:30:35 EDT Plane maker Airbus and diversified manufacturer Honeywell International Inc. on Thursday said they are developing a biofuel that by 2030 could satisfy nearly a third of the worldwide demand from commercial aircraft, without affecting food supplies. http://www.ibtimes.com/articles/20080515/airbus-honeywell-team-on-biofuel-for-airplanes.htm Thu, 15 May 2008 12:03:03 EDT Rankings for the top 15 programs on cable networks as compiled by Nielsen Media Research for the week of May 5-11. Day and start time (EDT) are in parentheses: http://www.ibtimes.com/articles/20080515/nba-playoff-matchup-no-1-on-cable-for-may-5-11.htm Thu, 15 May 2008 11:16:53 EDT Among the premarket stories for Thursday, May 15, from AP Financial News: NEW YORK (AP) _ A Friedman Billings Ramsey analyst thinks digital video recorder maker TiVo may soon accept a lawsuit settlement from rival Dish Network, and he upgraded the stock to "Market Perform" from "Underperform." http://www.ibtimes.com/articles/20080515/premarket-roundup-tivo-merrill-lynch.htm Thu, 15 May 2008 11:07:17 EDT Wall Street turned modestly higher Thursday as investors struggled to discern a direction for the economy after reports showing a modest increase in jobless claims and weakness in the manufacturing sector. http://www.ibtimes.com/articles/20080515/stocks-turn-higher-after-jobless-claims-report.htm Thu, 15 May 2008 10:47:55 EDT General Electric Co. said Thursday its aviation business received a contract from General Dynamics Land Systems worth more than $20 million for M1A2 position navigation systems. http://www.ibtimes.com/articles/20080515/ge-gets-navigation-systems-contract.htm Thu, 15 May 2008 10:42:00 EDT Wall Street traded mixed Thursday after the government said claims for unemployment benefits rose last week and that industrial production dropped by more than expected in April. http://www.ibtimes.com/articles/20080515/wall-street-is-mixed-after-jobless-claims-report.htm Thu, 15 May 2008 10:01:11 EDT