Friday, April 4, 2008

Recent News: AMEX buys Payment Services, GE Water, GE Money, and 1Q 2008 Earnings

Amex Buys GE Corporate Payment Services
American Express last week completed its $1.1 billion cash acquisition of GE Money Corporate Payment Services, a portfolio that serves more than 300 corporate accounts with 2.5 million MasterCard commercial cards and a patented electronic payment and settlement tool called vPayment...

GE Mobile Water Solution Helps Largest North American Refiner Avoid Capacity Shortage
GE Water & Process Technologies' Mobile Seawater Desalination Solution is providing Valero Energy Corporation's (NYSE:VLO) 280,000-barrel-per-day Aruba refinery with high purity water -- enabling the refinery to avoid a costly plant capacity shortage while scheduled maintenance is completed to the facility's primary seawater desalination system...

General Electric (NYSE:GE) to Release Q1 2008 Earnings April 11
General Electric (NYSE:GE) will release the first quarter earnings for 2008 on Friday, April 11.
A diversified technology, media and financial services company, General Electric offers products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and industrial products. The company services customers in over 100 countries....

GE Money donates $50,000 to Stamford Hospital in memory of former CIO
Stamford Hospital recently received a $50,000 donation from GE Money of Stamford in memory of a former employee, Leonard Kim, who lost his battle with lung cancer in 2005. Kim was a patient at the hospital’s Bennett Cancer Center . The funds were earmarked for the hospital’s Outpatient Chemotherapy Infusion Center in the hospital’s Oncology Unit, located on Main 3 North...

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