Recent News: GE Capital, Cosmos Bank, RWE AG, Solar Power, GE Lighting, Merrill Lynch, LED Lighting

PHH Corp Ends Pact To Be Acquired By GE Capital, Blackstone
PHH Corp. (PHH) said Tuesday that it has given a notice of termination to General Electric Capital Corp., a unit of General Electric Co...

Cosmos Bank Taiwan Completes US$900 Million Recapitalization
Cosmos Bank Taiwan (2837.TW) said Friday it has completed a US$900 million recapitalization, with funds injected by units of U.S. private- equity firm SAC Private Capital Group LLC and General Electric Co...

RWE, GE to jointly develop air-compressed power storage system
RWE AG's power generation division and General Electric Co signed a Memorandum of Understanding (MoU) on the joint development of a new power storage...

Paris hospitals withdraws 75-mln-eur IT contract from Thales, GE consortium
Paris' hospital authorities have withdrawn a 75-mln-eur contract to develop new patient information systems from a consortium including Thales, General Electric...

Solar Power retail arm inks GE financing deal
Just days after reeling in new capital to finance itself, Solar Power Inc. has cut a deal with General Electric to help finance its customers...

Chatroom: GE's Lighting unit
Soon, the 'bright idea' lightbulb above a character's head in a cartoon may more resemble a corkscrew than Thomas Edison's familiar invention...

Merrill's GE Deal, Hedge-Fund `Holds,' CME's Rebound: Timshel
Merrill Lynch & Co.'s agreement to sell most of its commercial-finance unit to General Electric Co. looks like a winner for both companies...

Merrill Lynch selling unit to GE Capital
GE Capital, the financial unit of General Electric Co., said Monday it will acquire the bulk of the Merrill Lynch Capital commercial finance operations, allowing Merrill to redeploy about $1.3 billion into other parts of its business...

Incandescent King GE Happy To Shift To LED
As the world's biggest seller of light fixtures, General Electric is a shining beacon in the illumination business...