GE Capital and GE Healthcare Back C8 MediSensors
GE Capital and GE Healthcare have put an undisclosed amount of financing into C8 MediSensors Inc., a developer of non-invasive continuous glucose monitors for diabetic patients. The investment comes through the GE healthymagination Fund. Details of the investment were not released.
Neste Jacobs and GE Healthcare Unite
Neste Jacobs and GE Healthcare, the healthcare business of General Electric have formed a strategic alliance to assist countries worldwide to become self-sufficient in the manufacture of blood plasma products. The alliance will combine GE Healthcare’s expertise in bioprocessing for plasma fractionation with Neste Jacobs’s global bio-engineering and construction capabilities.
PRESS RELEASE
Neste Jacobs and GE Healthcare,...
GE Capital Commits $110M Debt to Energy Alloys
GE Capital Corporate Finance is providing $110 million in a senior secured credit facility to Energy Alloys LLC, a provider of oil field metals and services. The money will be used for growth efforts and for working capital. Houston-based Energy Alloys provides equipment to oil and gas manufacturers and service companies.
Top Favorite Stock Holdings of Congress
Why aren’t congressional members required to put all of their stock holdings into a blind trust? Why can’t insider trading by Congressional members be banned? How can elected officials do “the people’s business” when they are too busy running around trading on the votes they are about to cast? How one earth can we ever...
Better Place Secures Series C
Better Place has raised $200 million through a Series C equity financing from a consortium of investors and partners. Since its founding in 2007, Better Place has raised more than $750 million of equity financing. New investors include GE and UBS AG, among others. Existing shareholders, including Israel Corp, HSBC Group, Morgan Stanley Investment...
General Electric’s CEO Discusses Q3 2011 Results – Earnings Call Transcript
General Electric (GE)
Q3 2011 Earnings Call
October 21, 2011 8:30 am ET
Executives
Trevor A. Schauenberg - Vice President of Corporate Investor Communications
Jeffrey R. Immelt - Executive Chairman, Chief Executive Officer and Member of Public Responsibilities Committee
Keith S. Sherin - Vice Chairman and Chief Financial Officer
Analysts
Nigel Coe - Morgan...
peHUB First Read
They've Got Daylight! Sinopec strikes a big deal
He Does Yahoo! Yang eyes buyout alongside LBO shops
The Mystery behind Steve Jobs' plateless car
Uh-Oh: Tolerx auctioning off assets cheap?
It's a Grim Market: No-go for tech IPOs
Being Un-VC: Shaking up a broken system
Any wind in the sails? GE backs Indian clean...
Zafirovski Named Senior Advisor to Blackstone
Mike Zafirovski has been named director of Apria Healthcare Group Inc. and senior advisor to The Blackstone Group. Zafirovski's 35-year career includes roles as president, chief executive officer and chief operating officer with Nortel, Motorola and five General Electric (GE) businesses in the high tech, industrial, consumer, financial services and insurance industries.
GE Leads $22M Round for Project Frog
San Francisco-based building business Project Frog has closed on $22 million in new financing led by GE Energy Financial Services. Claremont Creek Ventures, Greener Capital Partners and RockPort Capital Partners also joined in the round, which is designed to help Project Frog expand its sales pipeline and execute on orders. As part of the deal,...
GE Capital Closes Credit Facility for PE-backed Evolution1
GE Capital Healthcare Financial Services has closed $115 million in credit facilities for Evolution1, a company backed by private equity firm Genstar Capital. The financing was used to recapitalize Genstar’s acquisition of Evolution Benefits and support the company’s acquisition of Lighthouse1. GE Capital Markets served as sole lead arranger and joint bookrunner, the company announced....
Fannie and Freddie’s revenge — the details [updated]
– By John McDermott and Cardiff GarciaThe details of the US government’s attempted bank raid are coming in on Friday afternoon.The Federal Housing Finance Agency...
General Electric’s CEO Discusses Q2 2011 Results – Earnings Call Transcript
General Electric (GE)
Q2 2011 Earnings Call
July 22, 2011 8:30 am ET
Executives
Trevor Schauenberg - Vice President of Corporate Investor Communications
Keith Sherin - Vice Chairman and Chief Financial Officer
Jeffrey Immelt - Executive Chairman, Chief Executive Officer and Member of Public Responsibilities Committee
Analysts
John Inch - BofA Merrill Lynch
Terry Darling...
