Wednesday, April 2, 2008

Recent News: GE Energy Finance, Corporate Treasuries, GE Aviation, and GE Security

GE's energy finance unit in partnership with Union Gas to buy oil and gas
General Electric's energy financial services unit Tuesday said it formed a partnership with a subsidiary of Union Gas Corp. to buy oil and gas reserves for $115 million...

GE, AT&T Anticipate Rising Rates, Tilt to 10-Years
Corporate treasurers are increasing sales of long-term investment-grade bonds for the first time in a decade, a sign they're betting U.S. borrowing costs will rise as the Federal Reserve slows the pace of interest-rate cuts...

GE Aviation's GEnx engine wins FAA certification
The GEnx engine designed by GE Aviation has received the Federal Aviation Administration's airworthiness certification, the company said Monday. The certification caps a two-year ground- and flight-testing program for the engine, which will power Boeing's 787 Dreamliner, GE Aviation said in a news release...

Frost & Sullivan Recognizes GE Security for Video Surveillance Vision
Based on its recent analysis of the video surveillance market, Frost & Sullivan recognizes GE Security with the 2008 North American Frost & Sullivan Award for Video Surveillance Solutions Company of the year...

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