Recent News: Solar Cells, GE Healthcare X-Ray, GE Aviation (Boeing 787 & Maintenance), Earnings Preview, and GE Healthcare

GE Global Research Demonstrates Scalable Low Cost, Nano-based Solar Cell
GE Global Research, the centralized research organization of the General Electric Company (NYSE: GE), announced that scientists on their Nano Photovoltaics (PV) team have demonstrated a scalable silicon nanowire-based solar cell, which has the potential to achieve up to 18% efficiency and be produced at a dramatically lower cost than conventional solar cells. This demonstration represents a promising development in the effort to make PV systems more economically viable for consumers...

GE Healthcare launches upgradable X-ray system Tejas XR 6000 in India
GE Healthcare, a unit of General Electric Co, said it has launched its upgradable X-ray system, Tejas XR 6000, in India and that it expects to roll out several variants of the system during 2008...

Boeing 787 delays could ground GE Aviation's engine
That's bad news for GE Aviation, which developed its GEnx engine specifically for Boeing's 787 and 747-8. The engine is in the final stages of testing with certification expected in September, and the company has more than 800 orders, worth billions of dollars, from airlines worldwide...

Earnings Preview: General Electric
Industrial, finance and media conglomerate General Electric Co. is scheduled to report its fourth-quarter results Friday. The following is a summary of key developments and analyst commentary for the period ended Dec. 31...

GE financing $115 million steel company acquisition
On January 16, GE Commercial Finance Corporate Lending announced it provided a $115 million asset-based credit facility to support the acquisition of Winner Steel, Inc., by a joint venture between...

Spring Airlines signs deal for CFM engines, GE maintenance
The airline also signed a 15-year agreement with GE Aviation for the maintenance and overhaul of the CFM56-5B engines that power the airline's fleet of A320s. The deal covers its 10 purchased planes, as well as 20 leased aircraft and is valued at more than $200 million over the life of the contract...

Genetic Tech licence agreement with GE Healthcare
GE Healthcare is a unit of General Electric Company employing more than 46,000 people which, in 2006, generated total revenues of $US17bn from serving healthcare professionals and their patients in more than 100 countries...