Recent News: GE Money, MMC Energy, Lloyd Trotter, Revenues, Horizon Wind Energy, and India

GE Money may drop out of UK store card market
Financial giant, GE Finance, has the monopoly of the UK store card market, with responsibility for over 50% of store cards in the UK. Amongst the store cards for which GE Money is responsible are Debenhams, TopShop, Dorothy Perkins, House of Fraser, and many others...

MMC Energy to acquire two turbines from GE Packaged Power for $31M
MMC Energy (NASDAQ:MMCE) Inc. Tuesday agreed to buy two natural gas-fired turbines from GE (NYSE:GE) Packaged Power Inc., a subsidiary of General Electric Co., for about $31 million...

Lloyd Trotter of GE Leaving to Join Private Equity Firm
GE’s top-ranking African American executive, Vice Chairman Lloyd G. Trotter, 62, is closing the door on his nearly 40-year tenure with the company to become a general partner with New York-based private equity firm GenNx360 Capital Partners...

GE's revenues from Middle East and Africa rocket 45% to $8b
Dubai: General Electric Company (GE) said its revenues from the Middle East and Africa region reached $8 billion last year, up 45 per cent compared with revenues in 2006...

Wizard not affected by GE’s Indian sale
Wizard Home Loans’ overseas offshoot, Wizard International, will not face any changes to its business as a consequence of GE Money’s decision to sell a buyer for its consumer finance and personal loan business in the Indian market...

Horizon Wind Energy to buy 201 wind turbines from GE Energy
Horizon Wind Energy LLC plans on buying 201 wind turbines from GE Energy. The turbines are scheduled to be shipped in 2010...

GE Aviation holds grand opening
GE Aviation’s expanded facility at the Powerhouse Building in Houghton sends a message to graduates, officials said: They won’t have to choose between the area and a decent wage...

GE Energy to supply wind power turbines to EDP's unit Horizon
EDP Energias de Portugal SA said its US-based renewables unit Horizon Wind Energy has signed a contract under which GE (NYSE:GE) Energy will supply and maintain wind power turbines for future US projects...

GE Energy to supply wind power turbines to EDP's unit Horizon
EDP Energias de Portugal SA said its US-based renewables unit Horizon Wind Energy has signed a contract under which GE Energy will supply and maintain wind power turbines for future US projects...

GE Money seeks partner for India loan biz
GE Money India, consumer finance arm of US conglomerate General Electric, on Tuesday said it is seeking a partner for its personal loan and mortgage business, but debunked reports about the entire firm being on the block...