Recent News: NBC, Blue Chips, and Nuke Deal

General Electric (GE) NewsBite - GE Not Ready to Give Up NBC
General Electric (NYSE: GE) opened at $28.54. So far today, the stock has hit a low of $28.53 and a high of $28.95. GE is now trading at $28.94, up $0.84 (2.98%). Over the last 52 weeks the stock has ranged from a low of $25.60 to a high of $42.15. Shares of GE are trading higher this morning on news that company CEO Jeffrey Immelt has said that he will not sell the company's...

Survival Bets on Blue Chips
It is hard to recall a time when the shares of so many onetime U.S. stock market stalwarts have come to resemble little more than options on survivability. But investors -- for the most part quite rightly -- seem to have thrown aside the fundamental measures that not so long ago underpinned the value of these now-faded blue chips...

General Electric likely to hold onto NBC - Vivendi CEO
General Electric (NYSE: GE - option chain) shares are soaring higher today due to a number of factors such as sinking oil futures, but also on comments from Vivendi CEO Jean-Bernard Levy. Levy said in an interview with the Financial Times that he has heard GE CEO Jeffrey Immelt say several times both privately and publicly that GE has no intention of selling its 80% of NBC Universal. Levy may have more information that the average investor on this matter since Vivendi owns the remaining 20% of NBC...

General Electric concerned over time constraints for nuke deal
A delayed Nuclear Suppliers Group (NSG) approval for the Indo-US nuke deal could be bad news for US reactor manufacturers eyeing the Indian atomic power space. With opposition within the 45-member NSG for an India-specific waiver refusing to die down, US companies run the risk of losing out on the first set of contracts on offer in India to potential competitors from other countries....