ADVFN - Advanced Financial Network.
HOME» NYSE » G » GE Stock Price » GE Stock News

Gen Electric Share News

 General Electric Stock Price
GE Stock Price
 General Electric Stock Chart
GE Stock Chart
 General Electric Stock News
GE Stock News
 General Electric Company Information
GE Company Information
 General Electric Stock Trades
GE Stock Trades

GE In Preliminary Pact To Work On Nigeria Power-Project Plans

DOW JONES NEWSWIRES General Electric Co.'s (GE) energy business reached a five-year memorandum of understanding to work with the Nigerian government to develop roughly 10 gigawatts of power-generation capacity over the next 10 years. The Nigerian government is aiming for $10 billion in investments for electricity infrastructure projects. While the preliminary accord doesn't outline investment amounts or commitments, GE potentially may invest 10% to 15% in individual projects in which the company would supply power-generation technology and services. The infrastructure plans are part of Nigerian President Goodluck Jonathan's efforts to focus attention on reining in government spending and luring foreign investment to projects that are needed to spur growth, such as power plants and roads. A top oil exporter, Nigeria is among the continent's fastest-growing economies with a large consumer base. The preliminary pact follows a May 2009 infrastructure memorandum of agreement between GE and Nigeria. -By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com

Stock News for Gen Electric (GE)
DateTimeHeadline
01/28/201510:33:53Electrolux Swings Fourth-Quarter Profit -- Update
01/28/201510:15:51Correction to Electrolux Swings to Higher Than Expected Profit
01/28/201508:27:07Electrolux Swings to Higher Than Expected Profit
01/28/201507:41:44Electrolux Swings to Higher Than Expected Profit in Fourth Quarter
01/26/201521:24:36Correction to BOC Aviation Buying CFM Engines Article on Monday
01/26/201502:25:14BOC Aviation: To Buy 10 Engines From CFM International for Airbus...
01/23/201514:52:12GE Profit Boosted by Industrial Segment but Drop in Oil Creates...
01/23/201513:23:54Siemens' Power & Gas Business Under Pressure - Earnings Preview
01/23/201512:50:17GE Earnings Top Views Behind Growth in Industrial Segment...
01/23/201512:18:41GE Earnings Top Views Behind Growth in Industrial Segment
01/22/201512:59:43GE Revenue, Profit Expected to Rise -- Earnings Preview
01/21/201518:27:22GE to Pay About $464 Million More in Alstom Deal--Update
01/21/201514:39:32GE to Pay About $464 Million More in Alstom Deal
01/21/201505:20:10U.S. Fund Buys Stake in Unit of Spain's ACS
01/21/201504:47:40U.S. Fund Buys Stake in Spanish Energy Company
01/19/201503:06:06MARKET SNAPSHOT: Earnings, ECB Highlight Holiday-shortened Week
01/13/201514:54:14MetLife Challenges 'Systemically Important' Tag -- 3rd Update
01/13/201514:23:44MetLife to Challenge 'Systemically Important' Tag -- 2nd Update
01/13/201514:03:25MetLife to Challenge 'Systemically Important' Tag -- Update
01/07/201523:28:31Indonesia May Ask U.S. for Help in AirAsia Crash Probe -- Update

Gen Electric and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad