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GE, Abu Dhabi Sovereign Wealth Fund to Partner
General Electric and an Abu Dhabi-based sovereign wealth fund have agreed to partner in several businesses.
New York Times  –  Jul 22, 2008 3:00 PM [GMT]  ¦  comment?
found in Business
GE, Abu Dhabi investment co. agree to partnership
NEW YORK (AP) -- General Electric and an Abu Dhabi government-owned investment company have agreed to a global partnership that includes a commercial finance, research for clean energy and water and plans to expand GE's aircraft engine service and repair in the Middle East....
AP  –  Jul 22, 2008 2:46 PM [GMT]  ¦  comment?
found in Business
GE, Abu Dhabi fund commit $8 billion to global partnership
General Electric Co. and an Abu Dhabi-based sovereign fund have agreed to a global partnership that includes a commercial finance ...
USA Today  –  Jul 22, 2008 1:36 PM [GMT]  ¦  comment?
found in Business
GE, sovereign fund agree to global partnership
NEW YORK (AP) -- General Electric Co. and an Abu Dhabi-based sovereign fund have agreed to a global partnership that includes a commercial finance business, research center for clean energy and water and plans to expand GE's aircraft engine service and repair in the Middle East....
AP  –  Jul 22, 2008 1:29 PM [GMT]  ¦  comment?
found in Business
GE, Abu Dhabi firm in $8 billion joint venture
Reuters - U.S. conglomerate General Electric Co and Abu Dhabi investment agency Mubadala Development Co said on Tuesday they have entered into an $8 billion joint venture with an initial focus on providing commercial finance in the Middle East and Africa.
Yahoo!  –  Jul 22, 2008 1:11 PM [GMT]  ¦  comment?
found in Business
GE and Mubadala of Abu Dhabi plan broad 50-50 venture
TEL AVIV (MarketWatch) -- General Electric Co., the Fairfield, Conn., industrial and financial-services giant, agreed to a 50-50 partnership with Mubadala Development Co. and said the Abu Dhabi, United Arab Emirates, investment firm would over time become one of its top 10 shareholders. In a statement on Tuesday, the companies said the venture would invest in the Middle East and worldwide in fields including commercial finance, clean energy, aviation, and corporate learning. The commercial-finance deal will see each company put up $4 billion of capital over three years. GE and Mubadala also will establish a clean-energy-technology center in Masdar City, Abu Dhabi, where as many as 100 technologists will develop sustainable energy, water and other solutions. The deal is subject to negotiation of a definitive agreement and clearance by regulators, GE said. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com  –  Jul 22, 2008 12:29 PM [GMT]  ¦  comment?
found in Business: Markets
Rocks on Broadway grate on the nerves
Just a few weeks ago, the city cleaned up Broadway between Taylor Street and the underpass just north of General Electric, sweeping up the junk and a loaf of bread that had been decomposing there for months.
The Journal Gazette  –  Jul 22, 2008 10:52 AM [GMT]  ¦  comment?
found in Local: Indiana: Fort Wayne
Security Benefit Names Two Leadership Positions
John Frye and John Guyot have been named Senior Vice Presidents. Frye is appointed to Chief Financial Officer. He joins Security Benefit from General Electric, where he served as CFO. Guyot has been promoted to General Counsel and Secretary of Security Benefit Corporation.
WIBW.com  –  Jul 22, 2008 02:53 AM [GMT]  ¦  comment?
found in Local: Kansas: Topeka
BofA's Ken Lewis affirms dividend policy
NEW YORK (MarketWatch) -- Bank of America's Chairman and Chief Executive Ken Lewis Monday reaffirmed his commitment not to cut dividends, after the bank reported better-than-expected second-quarter earnings. Lewis said in a conference call with analysts that while "it's hard to be unequivocal on anything," the fact that the bank is poised to post the most profits among U.S. banks for the quarter offers reason for optimism. The Charlotte-based financial-services giant is the second-largest dividend payer overall, after General Electric Co. , and has raised its dividend every year for 30 years. The bank reported Monday that its net income fell 41% to $3.41 billion, or 72 cents a share, above the consensus estimate of 59 cents a share polled by analysts of FactSet Research. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com  –  Jul 21, 2008 2:42 PM [GMT]  ¦  comment?
found in Business: Markets
G.E. Helps Build Habitats For Humanity
About 50 General Electric employees from across the globe traveled to Englewood, N.J., Saturday to help put in flooring, build decks and work in 95-degree heat so that hard-working families can have affordable housing.
wnbc.com  –  Jul 19, 2008 7:48 PM [GMT]  ¦  comment?
found in Local: New York: New York