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GE Alstom Deal : Impact on General Electric (NYSE:GE) Stock and Financial News + Video

France’s socialist government has claimed a resounding victory for state intervention after forcing General Electric (NYSE:GE) to significantly revise its $16.9bn takeover deal for Alstom’s energy businesses, which both companies approved at the weekend. The government announced on Sunday night it had agreed terms with the French conglomerate Bouygues for its purchase of a 20 per cent state stake in Alstom, worth about €1.7bn at … Continue reading GE Alstom Deal : Impact on General Electric (NYSE:GE) Stock and Financial News + Video

Hot Movers: Citigroup Inc (NYSE:C), General Electric(NYSE:GE), FedEx (NYSE:FDX), AOL (NYSE:AOL), Adobe Systems Incorporated (NASDAQ:ADBE)

Citigroup Inc. (NYSE:C), the third-biggest bank by assets in the U.S., revealed in an e-mailed statement today that it appointed Mr. Mark Slaughter as a corporate and investment banking Chief in Asia, succeeding Mr. Farhan Faruqui, who left the company last month. One of the bank’s spokesmen – Mr. James Griffiths – explained that Mr. Slaughter started in Hong Kong this week. Citigroup Inc (NYSE:C) … Continue reading Hot Movers: Citigroup Inc (NYSE:C), General Electric(NYSE:GE), FedEx (NYSE:FDX), AOL (NYSE:AOL), Adobe Systems Incorporated (NASDAQ:ADBE)

Hot Watch List: General Electric Company (NYSE:GE), Caterpillar Inc. (NYSE:CAT), National Bank of Greece (ADR) (NYSE:NBG), Barclays PLC (ADR) (NYSE:BCS), Berkshire Hathaway Inc. (NYSE:BRK.A)

General Electric Company (NYSE:GE) has said it won’t improve its $16.9 billion offer for Alstom, but the US conglomerate could offer fresh concessions (paywall) to the French government to bag its approval, after Siemens and Mitsubishi put forward a cheaper but more complex bid. General Electric Company (NYSE:GE) stock performance was -0.81% in last session and finished the day at $26.82. Traded volume was 26.68million shares … Continue reading Hot Watch List: General Electric Company (NYSE:GE), Caterpillar Inc. (NYSE:CAT), National Bank of Greece (ADR) (NYSE:NBG), Barclays PLC (ADR) (NYSE:BCS), Berkshire Hathaway Inc. (NYSE:BRK.A)

Active Movers: Facebook Inc (NASDAQ:FB), Idenix Pharmaceuticals Inc (NASDAQ:IDIX), Sirius XM Holdings Inc. (NASDAQ:SIRI), General Electric Company (NYSE:GE)

Mark Zuckerberg and other members of Facebook Inc (NASDAQ:FB)’s board have been sued by a shareholder who claimed a policy letting them annually award directors more than $150 million of stock each if they choose is unreasonably generous. Facebook Inc (NASDAQ:FB) stock performance was 0.61% in last session and finished the day at $62.88. Traded volume was 37.62million shares in the last session and the … Continue reading Active Movers: Facebook Inc (NASDAQ:FB), Idenix Pharmaceuticals Inc (NASDAQ:IDIX), Sirius XM Holdings Inc. (NASDAQ:SIRI), General Electric Company (NYSE:GE)

Watch List: Sirius XM Holdings Inc. (NASDAQ:SIRI), NewLead Holdings (NASDAQ:NEWL), General Electric (NYSE:GE), Ford Motor Company (NYSE:F), General Motors (NYSE:GM)

Sirius XM Holdings Inc. (NASDAQ:SIRI)’s share trading has bagged vehement momentum off late, pumped up by the exquisite quarterly results that the company has portrayed. On April 24, 2014, SIRI announced its Q1-2014 operating and financial results. Quarterly revenues surged up by $998 million, increasing from its Q1-2013 estimate of $897, thus increasing by 11%, year-over-year. However, earnings per share stayed flat, at $0.02 per … Continue reading Watch List: Sirius XM Holdings Inc. (NASDAQ:SIRI), NewLead Holdings (NASDAQ:NEWL), General Electric (NYSE:GE), Ford Motor Company (NYSE:F), General Motors (NYSE:GM)

NYSE Active Stocks: Office Depot Inc (NYSE:ODP), Ford Motor Company (NYSE:F), General Electric Company (NYSE:GE), J.C. Penney Company (NYSE:JCP)

Office Depot Inc (NYSE:ODP) on May 13 announced that it has been named one of the “Top 50 Organizations for Multicultural Business Opportunities” by DiversityBusiness.com, the nation’s leading multicultural business-to-business website. The company was ranked 7th on the list, and was honored for differentiating itself in the market place in a time when more companies are recognizing the importance of diversity. Office Depot Inc (NYSE:ODP) … Continue reading NYSE Active Stocks: Office Depot Inc (NYSE:ODP), Ford Motor Company (NYSE:F), General Electric Company (NYSE:GE), J.C. Penney Company (NYSE:JCP)