General Electric Co. Surpass Experts’ Projection

General Electric Co. Surpass Experts’ Projection

Net income for General Electric Co. in the fourth quarter increased from $3 billion last year to around $4.5 billion, which is equivalent to an increase from $0.28 to $0.42 per share. Income increased by one percent to over $41 billion, surpassing the projection of $39.9 billion.

General Electric to Have a Joint Venture with Aviation Industry

General Electric Co to Have a Joint Venture with Aviation Industry Corp

The details of a joint venture between General Electric Co (NYSE:GE) and a state-owned aircraft manufacturer in China are currently being finalized by the companies according to a source who has knowledge about the issue. The agreement for the joint venture, which was originally revealed in 2009, may be signed by General Electric Co on Friday of the current week in Chicago.

The agreement between the state-owned Aviation Industry Corp of China and General Electric Co came in the later part of 2009.

US Market Summary for December 14

General-Electric

Following acquisition news announced by General Electric Co (NYSE:GE) and Dell Inc (NASDAQ: Dell), the main indices in the United States ended the trading day with different results. Compellent Technologies, Inc (NYSE:CML) will be purchased by Dell Inc for around $960 million in cash. The sale is slated to be finalized near the start of [...]