NORWALK, CT--(BUSINESS WIRE)--April 3, 2006--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, announced today that it has opened a Palo Alto, Calif. office. Kjerstin Barley, Senior Vice President, will initially staff the office, reporting to John Kinnaman, Managing Director, GE Commercial Finance - Technology Lending. Additional team members will be added during the second quarter. The office is located at 400 Hamilton Avenue, Suite 220, Palo Alto, CA 94301.
KANSAS CITY, Mo.--(BUSINESS WIRE)--March 29, 2006--The demands of today's global economy have put increased responsibilities on corporate risk managers to implement more sophisticated loss prevention policies and processes. That's the assessment of Luis F. Arango, a chemical technical specialist with GE Insurance Solutions' Global Asset Protection Services unit. By doing so, Arango said, companies will be better positioned to meet shareholder, regulatory and insurance provider expectations and requirements.
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NORWALK, Conn.--(BUSINESS WIRE)--March 29, 2006--GE Antares Capital today announced that it is lead arranger of a $61-million credit facility for the recapitalization of Universal Tax Systems (UTS), a leading developer of software systems used by tax professionals to complete and electronically file income tax returns. The Company's flagship proprietary tax software product, TaxWise, is used by customers nationwide to prepare federal and state tax returns for both businesses and individuals. UTS is a portfolio company owned by Primus Venture Partners.
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KANSAS CITY, Mo.--(BUSINESS WIRE)--March 28, 2006--Lessons learned in the insurance industry's decades-long struggle with asbestos claims may be inspiring significant changes in the way they evaluate and defend their policyholders in mass tort litigation.
In a new white paper from GE Insurance Solutions, claims expert Bill Brauer said in some notable instances insurers are changing their approach to claims involving injuries alleged to have been caused by workplace exposures to silica dusts and welding fumes.
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'Ecomagination' is company's commitment to addressing environmental challenges
Dubai, UAE, March 26, 2006: GE, the global technology, media and financial services company, is committed to bringing to market new technologies that help its customers meet pressing environmental challenges. Whether this includes the need for efficient sources of energy or technology that is cost effective and safe for its customers, GE sees 'Ecomagination' as helping to tackle global environmental issues.
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ALGIERS, ALGERIA - March 23, 2006 : -- Sonatrach, Sonelgaz and General Electric have announced plans to expand Algesco SA, a gas turbine services joint venture based in Hassi R'Mel that serves the oil and gas and power generation industries.
The announcement was made during a celebration attended by his Excellence, Dr. Chakib Khelil, the Algerian Minister of Energy and Mines; and various other executives from the oil and gas, power and water industries.
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CHICAGO--(BUSINESS WIRE)--March 22, 2006--GE Healthcare Financial Services has provided a five-year, $25 million revolver and a six-year, $85 million term loan B to Global Healthcare Exchange (GHX), a Westminster, Colo.-based company that provides supply chain management services to increase efficiencies for healthcare buyers and sellers.