NORWALK, Conn.--(BUSINESS WIRE)--June 12, 2006--GE Commercial Finance - Global Media & Communications today announced that JP Marchette has been appointed to the position of senior vice president, Technology Lending origination, based in the Boston office located at One Beacon Street. He will be focused on expanding Technology Lending's presence in Boston and the East Coast regional market.
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management. The firm takes controlling positions in promising middle-market companies where it can realize substantial value by contributing innovative operating and financing strategies and capital. Wellspring's limited partners include some of the largest and most respected institutional investors in the United States, Canada, and Europe.
About GE Antares Capital
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FAIRFIELD, Conn.--(BUSINESS WIRE)--June 9, 2006--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.25 per outstanding share of the Company's common stock. The dividend is payable July 25, 2006 to shareowners of record at the close of business on June 26, 2006. The ex-dividend date is June 22, 2006.
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--(BUSINESS WIRE)--The clinical trial, sponsored by GE Healthcare, will test a new imaging agent for cancer detection on more than two-dozen breast cancer patients. This research will track the process of angiogenesis, which is the growth of new blood vessels in the body. This experimental contrast agent could help doctors monitor new vessel production, and identify a tumor's exact dimensions. If the trial is successful, researchers say the results could be "groundbreaking" for cancer patients.
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CHALFONT ST. GILES, England--(BUSINESS WIRE)--June 7, 2006--GE Healthcare (NYSE:GE):
New York Blood Center's National Cord Blood Program
is the first to automate the processing, cryopreservation and
storage of cord blood stem cell units to achieve the
highest standards of quality and consistency
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NORWALK, Conn.--(BUSINESS WIRE)--June 7, 2006--GE Antares Capital today announced the closing of an $80-million credit facility, to support the acquisition of ColorMatrix Corporation ("ColorMatrix") by Audax Group ("Audax"). GE Capital Markets served as the sole lead arranger for the credit facility.
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CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--June 7, 2006--GE Fanuc Embedded Systems, a unit of General Electric Company (NYSE: GE) has announced that it has completed the acquisition of SBS Technologies(R) (NASDAQ: SBSE) of Albuquerque, New Mexico. The integration of SBS Technologies into GE Fanuc Embedded Systems creates a broad presence in the embedded systems industry, offering an extensive line of products ranging from embedded boards in multiple form factors, bus architectures, and fabrics, to fully integrated systems available in a range of environmental grades.
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 7, 2006--A $10.9 million loan funded by GE Capital Solutions, Franchise Finance, allowed Ascension Hotels, a Louisiana-based company owned by Aaron Patel and Kapoor & Kapoor Investments, to broaden its reach to Tulsa and to purchase a full-service Crowne Plaza hotel.
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NORWALK, Conn.--(BUSINESS WIRE)--June 7, 2006--GE Antares Capital today announced the closing of an $80-million credit facility, to support the acquisition of ColorMatrix Corporation ("ColorMatrix") by Audax Group ("Audax"). GE Capital Markets served as the sole lead arranger for the credit facility.