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General Electric Company (NYSE:GE) Will Give $86 Million Of The Proceeds From Fort Point HQ sale To Massachusetts For Middle Income Housing Development

General Electric Company (NYSE:GE) managed to divest its Fort Point property which acted as its Boston headquarters for an impressive $252 million and $86 Million of the proceeds will go to the state of Massachusetts. The sale includes the land located at Fort Point, and also a permit that the GE planned to use to […]

Materialise NV (ADR)(NASDAQ:MTLS) Gets NSE Letter From Food and Drug Administration (BA, GE)

Materialise NV (ADR)(NASDAQ:MTLS), a well-known brand that provides 3D surgical planning solutions to healthcare professionals, announced that it received Non Substantially Equivalent (NSE) letter from FDA regarding 510(k) submission of its X-ray knee guide system. Reports claim that this system is likely to be used as a surgical instrument, providing assistance in the knee replacement […]

Trending Stocks: General Electric Company (NYSE:GE), Honeywell International, Inc. (NYSE:HON), Supercom Ltd (NASDAQ:SPCB)

Boston, MA 10/14/2014 (wallstreetpr) – Intelligent Platforms business unit, which is a fully owned business of industrial giant General Electric Company (NYSE:GE) announced on the sidelines of the AUSA conference that it has received a new order worth $2.6 million from BAE Systems Platforms and Services. The AUSA conference is being held at the Washington […]

Ocean Power Technologies Inc (NASDAQ:OPTT) Names Dean J. Glover As The New Director

Boston, MA 10/13/2014 (wallstreetpr) – According to reports, Ocean Power Technologies Inc (NASDAQ:OPTT) has decided to announce the election results for the selection procedure of the new director. As per the information, Dean J. Glover has been elected on board of directors of the company. The decision was taken during the annual meeting of OPTT’s […]

Stocks In Action: General Electric Company (NYSE:GE); Performance Sports Group Ltd. (NYSE:PSG); Elbit Systems Ltd (NASDAQ:ESLT)

Boston, MA 10/08/2014 (wallstreetpr) – Advanced Atomization Technologies, announced on 7th October that it will be expanding its facility which is currently located in Clyde, New York. The firm is a joint venture vehicle between Parker-Hannifin Corporation (NYSE:PH) owned Parker Aerospace and GE Aviation which is an aviation business unit of General Electric Company (NYSE:GE). […]

General Electric Company (NYSE:GE) To Infuse 56 Wind Turbines For 100MW Wind Farm In Morocco

Boston, MA 09/23/2014 (wallstreetpr) – General Electric Company (NYSE:GE)’s first wind farm located in southern Morocco, North Africa is coming to life gradually. The company has decided to infuse 56 1.7-100 wind turbines in the project. The wind farm has been developed by (EEM) Energie Eolienne du Maroc, a fully owned subsidiary of Nareva Holding. […]

Dresser-Rand Group Inc. (NYSE:DRC) Acquisition Will Help Siemens AG (ADR) (OTCMKTS:SIEGY) Tap U.S. Shale Gas Boom

Boston, MA 09/23/2014 (wallstreetpr) – In order make its position in the United States concrete, Germany-based Siemens AG (ADR) (OTCMKTS:SIEGY) agreed to acquire Dresser-Rand Group Inc. (NYSE:DRC) for an amount of $7.6 billion (all-cash). The acquisition of Dresser-Rand is seen as Siemens’ effort to compete aggressively with the General Electric Company (NYSE:GE) in rapidly growing […]

General Electric Company (NYSE:GE) Launched First Fan-Less, Conduction Cooling CCR0512FP Rectifier

Boston, MA 09/19/2014 (wallstreetpr) – General Electric Company (NYSE:GE)’s CPB or Critical Power business added yet another product to its portfolio. CPB announced today that it introduced a new rectifier with special characteristics including conduction cooling, lesser height and CCR0512FP 12-volt power. The new rectifier brought by the company to the market is half the altitude […]

General Electric Company (NYSE:GE): Invest In Dips Near $25

Boston, MA 09/18/2014 (wallstreetpr) – General Electric Company (NYSE:GE) (Closed: 26.27, Up: 0.23%) will trade ex-dividend from today as the shareholders till yesterday will receive a dividend of 22 cents. The stock jumped from $25.35 to $26.40 in the previous three sessions and may digest the ex-dividend price correction sooner than expected with the short […]

General Electric Company (NYSE:GE) To Avoid Geared Design in Its Jet Engine

Boston, MA 09/16/2014 (wallstreetpr) – According to reports, General Electric Company (NYSE:GE) has decided to avoid the implementation of geared design in its new engines for narrowed jet planes. The information was revealed by a top GE executive on Monday. He said that due to General Electric Company (NYSE:GE)’s battle with rival Pratt & Whitney, […]

General Electric Company (NYSE:GE) Explores Lucrative Infrastructure Revamp Opportunity In Polish Wind Farms

Boston, MA 09/12/2014 (wallstreetpr) – As the developers seek motivation for accelerating their projects because of alterations in clean-energy subsidies, General Electric Company (NYSE:GE) too, plans to invest in wind farms located in Poland. This will be a separate activity of investment than providing turbines. Rise of Wind Power: Motivation for GE The General Electric […]

General Electric Company (NYSE:GE)’s GE Healthcare Announced FDA Approval For 3-D Mammography Device

Boston, MA 09/03/2014 (wallstreetpr) – GE Healthcare, a health-related unit of General Electric Company (NYSE:GE), announced recently that the U.S. Food and Drug Administration gave its nod to company’s mammography device. According to GE Healthcare, this device has a capability of extracting 3-D images for diagnosis of breast cancer. The three-dimensional results produced by this […]

General Electric Company (NYSE:GE)’S Digital Energy Business Makes Europe Grid Management Easier

Boston, MA 08/22/2214 (wallstreetpr) –In order to meet the rising electricity demands, General Electric Company (NYSE:GE) moves ahead in the mission for building and constructing modern grid in Europe. It is worth noticing that Europe is making a transition towards more energy efficiency as well as increased complexity of the grid. Likewise, the consumers who […]

General Electric Company (NYSE:GE)’s Healthcare Department Looks To Build a HQ For 500-employees in Marlborough

Boston, MA 08/21/2014 (wallstreetpr) – General Electric Company (NYSE:GE) looks to expand in different geographical regions in US. The recent example of company’s expansion plan was seen when GE Healthcare decided to build a new headquarter in Marlborough. GE is looking forward to making home of Boston Scientific its new HQ for 500 employees. If […]

General Electric Company (NYSE:GE) Unit’s Dementia Research Evokes Overwhelming Response

Boston, MA 08/19/2014 (wallstreetpr) – Diversified business conglomerate General Electric Company (NYSE:GE) subsidiary GE Healthcare’s new dementia research evoked stunning demand for ‘The Value of Knowing’ survey conducted by it globally in ten countries on not curable neurological disorders including Parkinson’s and Alzheimer’s. Good Response The General Electric Company (NYSE:GE) indicated that it had got […]

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