Recent News: Rail, Wind, Bear Market, and NBC "Late Night"

GE close to $263 mln Bosnia rail deal
Bosnia's Serb Republic government said on Friday it is close to clinching a 170 million euro ($263 mln) deal with U.S. conglomerate General Electric to help it rebuild its devastated rail network....

Iberdrola to buy wind turbines from GE
Iberdrola will buy wind farm turbines from General Electric capable of generating 300 megawatts of power, or enough to power 75,000 homes, Iberdrola announced Friday. Terms of the deal were not announced...

General Electric (GE): Bellwether for a Global Bear Market
Worldwide infrastructure appears to be the next big investment magnet, and General Electric Co. is in the news today for having raised $5.64 billion with its partner, Credit Suisse Group, in a large private-equity venture called Global Infrastructure Partners....

GE's NBC Confirms Fallon Will Replace O'Brien On "Late Night"
NBC Universal confirmed Jimmy Fallon will replace Conan O'Brien as host of "Late Night" in 2009. The New York media company, a division of General Electric Co. (GE), said Fallon is known for his role as co-anchor of Saturday Night Live's "Weekend Update" and various television and hosting roles...