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General Electric: Bargain Hunting In The Oil Patch

2015-12-12 20:06:51| Oil & Gas - Topix.net

According to Bloomberg, General Electric is close to landing Halliburton's drill-bits and drilling-services divisions. Selling these assets is expected to raise as much as $5 billion for Halliburton, though it is unclear if the oil price crash has impacted their value.

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Friday Sector Leaders: Railroads, Electric Utilities

2015-12-12 10:32:55| Railroads - Topix.net

In trading on Friday, railroads shares were relative leaders, down on the day by about 0.3%. Leading the group were shares of CSX Corporation , up about 3.5% and shares of Norfolk Southern Corporation up about 1.8% on the day.

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Ford to invest $4.5bn in electric cars

2015-12-11 10:53:26| BBC News | Business | UK Edition

Ford says it will invest $4.5bn in electric cars, including a new Ford Focus model, and says it intends to move into the commercial ride-hailing market.

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General Electric: Why The Electrolux Deal Collapse Doesn't Really Matter

2015-12-11 05:26:17| Appliances - Topix.net

General Electric has been busy over the last 12 months getting in shape, returning to its industrial roots, and ridding itself of non-core businesses. The company also announced a major restructuring program in April of this year that would see the conglomerate sell down its financial assets held within GE Capital and return boatloads of cash to shareholders.

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Ford investing additional $4.5B to add 13 new electrified vehicles by 2020; new fast-charging Focus Electric next year

2015-12-11 02:55:56| Green Car Congress

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