Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Business

>> ALSTOM Latest News

APR 10, 2015 - TheStreet

A Must Read - Share

GE Capital Deal is 'Exactly What Should Be Happening' Given Low Rates: Strategist

NEW YORK (TheStreet) -- The sale of General Electric's finance arm doesn't come as a surprise, given how low interest rates are, one strategist says. "This is exactly what should be happening in the marketplace right now with this low-interest-rate environment," said Kevin Kelly, chief investment officer of Recon Capital Partners, referring to GE's $26.5 billion spinoff of GE Capital to ...

Tags: GE Capital Deal is 'Exactly What Should Be Happening' Given Low Rates: Strategist,  Alstom Latest News

APR 10, 2015 - TheStreet

A Must Read - Share

GE to Shed GE Capital, Starting With $26.5 Billion Sale of Real Estate Holdings

NEW YORK (TheStreet) -- General Electric is expected to sell off most of its mammoth finance unit, GE Capital, by 2018, beginning with the sale of its real estate division to Blackstone   and Wells Fargo for $26.5 billion. The news was first reported by The New York Times. GE's stock opened sharply higher on the news."This isn't a cycle. This ...

Tags: GE to Shed GE Capital, Starting With $26.5 Billion Sale of Real Estate Holdings,  Alstom Latest News

APR 10, 2015 - Yahoo! News

A Must Read - Share

Exclusive: Canada's Bombardier looks to raise cash from rail business - sources

Bombardier is exploring ways to raise money from its transportation unit, potentially worth up to $5 billion, as the Canadian group grapples with huge cost overruns in its aircraft business, six sources familiar with the matter said. Options would include a possible sale of all or part of the business, as well as an initial public offering (IPO) to retain ...

Tags: Exclusive: Canada's Bombardier looks to raise cash from rail business - sources,  Alstom Latest News

APR 10, 2015 - TheStreet

A Must Read - Share

GE to Shed All of GE Capital, Starting With $26.5 Billion Sale of Real Estate Holdings

NEW YORK ( TheStreet) -- General Electric is expected to sell off its mammoth finance unit, GE Capital, by 2018, beginning with the sale of its real estate division to Blackstone Group & and Wells Fargo for $26.5 billion. The news was first reported by The New York Times. GE's stock was up sharply in pre-market trading. While highly profitable, GE ...

Tags: GE to Shed All of GE Capital, Starting With $26.5 Billion Sale of Real Estate Holdings,  Alstom Latest News

APR 10, 2015 - MarketWatch

A Must Read - Share

Moody's downgrades GE debt after news to exit GE Capital, buy back $50 bln of shares

NEW YORK (MarketWatch) -- Moody's Investors Service on Friday downgraded General Electric Co.'s senior unsecured debt rating to A1 from Aa3, after GE unveiled a plan to exit most of its GE Capital finance arm, and sell $26.5 billion worth of office buildings and commercial real estate debt to Blackstone Group LP, Wells Fargo & Co. and other buyers. The ...

Tags: Moody's downgrades GE debt after news to exit GE Capital, buy back $50 bln of shares,  Alstom Latest News