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[Business Wire] – 3M announced today that it has completed its acquisition of Capital Safety from KKR for a total enterprise value of $2.5 billion, including the assumption of approximately $0.7... Read More
Stock Update: General Electric Company (NYSE:GE) – GE may ship $10 billion in work overseas as U.S. trade bank languishes
July 30, 2015
[Reuters] – General Electric Co is taking steps to shift some U.S. manufacturing work overseas now that the U.S. Export-Import Bank will be shuttered at least until September, the industrial giant’s... Read More
[Business Wire] – PPG Industries today announced the grand opening of PPG PAINTS™ stores in its global headquarters community of Pittsburgh. Read more on this. PPG Industries, Inc. (PPG), currently... Read More
Market Update: General Electric Company (NYSE:GE) – GE eyes asset sale to Ansaldo Energia in Alstom deal-sources
July 28, 2015
[Reuters] – General Electric is discussing with Italy’s Ansaldo Energia the sale of some gas assets in an effort to gain antitrust clearance for its purchase of French group Alstom’s energy assets, two... Read More
[Reuters] – Alstom (ALSO.PA) is to accept a 300 million euro ($333 million) reduction in the price it will get for selling its power turbines unit to General Electric (GE.N) as a contribution . . . →... Read More
Company Update (NYSE:MMM): 3M Introduces Next Generation, Faster Assays for Detecting Foodborne Pathogens
July 27, 2015
[Business Wire] – Expanding on the innovative 3M™ Molecular Detection System now relied on by food processors, laboratories, universities and government agencies in over 45 countries for reliable... Read More
Company Update: United Technologies Corp (NYSE:UTX) – United Technologies Announces Geraud Darnis To Retire
July 27, 2015
[PR Newswire] – HARTFORD, Conn., July 27, 2015 /PRNewswire/ — United Technologies Corp. (UTX) today announced that Geraud Darnis, President and CEO of UTC Building & Industrial Systems, has informed... Read More
Company Update: 3M Company (NYSE:MMM) – 3M Announces Second-Quarter Results; Company Delivers Sales of $7.7 Billion and All-Time Record Earnings of $2.02 per Share
July 23, 2015
[Business Wire] – 3M today reported second-quarter earnings of $2.02 per share, an increase of 5.8 percent versus the second quarter of 2014. Sales declined 5.5 percent year-on-year to $7.7 billion.... Read More
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