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The company reportedly outbid Halliburton (NYSE:HAL), as well as others, with a $2.8 billion price for the John Wood unit.
General Electric has a potential upside of 4.8% based on a current price of $21.51 and an average consensus analyst price target of $22.54."
"General Electric's (NYSE:GE) plan to buy the well support unit of John Wood Group brings its total spending on the oil service sector to over $7 billion in the last five months.
CMCSA bid/ask gap remains wide so far this morning. GE is down 0.6% at last check.
According to the WSJ, Genachowski wants Comcast to observe ""net neutrality"" rules in giving competitors' videos the same treatment as its own for customers using its Internet service.
FCC Chairman Julius Genachowski has told the FCC's other commissioners that he supports Comcast's (CMCSA) offer to buy a controlling interest in General Electric's (GE) NBC Universal, subject to certain conditions, the Wall Street
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18 days ago, on May 7th, 2013, Arbitron (NYSE:ARB) reported its earnings. Analysts, on ...
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Two weeks ago on May 7th, 2013 Chiquita Brands International (NYSE:CQB) reported earnin ...
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When The Williams Cos (NYSE:WMB) reported earnings 18 days ago on May 7th, 2013, analys ...
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When Granite Construction (NYSE:GVA) reported earnings 16 days ago on May 9th, 2013, an ...
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Two weeks ago on May 7th, 2013 DaVita (NYSE:DVA) reported earnings and analysts, on ave ...
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19 days ago, on May 6th, 2013, ProAssurance (NYSE:PRA) reported its earnings. Analysts ...
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Two weeks ago on May 9th, 2013 Apache (NYSE:APA) reported earnings and analysts, on ave ...
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When Global Cash Access Holdings (NYSE:GCA) reported earnings two weeks ago on May 7th, ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
