Recent News: Analyst notes on earnings, Jet Engine oreders in China, NBC, New Facility, GE Antares, Spain's Colonial, and GE Energy.

GE Poised to Gain, Analyst Says
Shares of General Electric Co. rose Tuesday, as an analyst remained upbeat about the company's fourth-quarter results and said the conglomerate should withstand a softening U.S. economy...

GE has $5B in Chinese jet-engine backlog
Industrial conglomerate General Electric Co. said Tuesday its backlog for jet engine orders in China has climbed to about $5 billion...

Felons On The Air: Does GE's Ownership of NBC Violate the Law?
General Electric's ownership of the NBC TV network has been in the news in recent months. As Extra! went to press, companies like Time Warner, Disney, ITT and Turner Broadcasting have reportedly been negotiating to either buy NBC outright or enter into some kind of partnership with GE. But a little-noted aspect of communications law raises questions about GE'sownership of NBC's broadcast licenses -- and its ability to sell those licenses to another company...

GE opens new Skaneateles Falls facility
GE Sensing & Inspection Technologies opened its new, $6-million Skaneateles Falls facility Monday. About 165 GE employees will be employed at the plant, which is located at 721 Visions Drive...

GE Antares Provides C$62MM Senior Secured Credit Facility to one of Largest Privately Owned Providers of Transportation and Logistics in Canada
GE Antares today announced it served as administrative agent for a C$62 million senior secured credit facility to support the acquisition of Consolidated Fastfrate Inc., Canada Drayage Inc., and Koch Transport (together, "Fastfrate") by Fenway Partners and management. The facility, consisting of a term loan and revolver, was used to complete the target acquisitions and provide for future working capital needs. GE Capital Markets Canada served as lead arranger...

GE Aviation: 2007 China jet engine orders top $1B at list prices
General Electric Co.'s GE (NYSE:GE) Aviation and CFM International, GE's 50/50 joint company with Safran Group of France, said Tuesday that combined jet engine orders in China in 2007 surpassed more than 420 engines...

Spain's Colonial says to consider GE bid
Spanish property firm Inmobiliaria Colonial said on Tuesday its board will meet on Wednesday to consider an unsolicited bid approach from GE Real Estate Iberia, a unit of GE...

GE Energy, Invenergy In 800 Megawatt Wind Turbine Pact
GE Energy agreed to supply Invenergy LLC with 800 megawatts of wind turbines, enough power to meet the requirements of 275,000 households, in a deal valued at more than $1 billion...