DANBURY, Conn.--(BUSINESS WIRE)--Oct. 21, 2002--GE Commercial Equipment Financing (CEF) has agreed to acquire a portfolio of $448 million of corporate and general aviation financing contracts from debis(a) Financial Services, Inc., a wholly-owned subsidiary of Daimler Chrysler Services AG.
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STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 16, 2002--GE Capital Aviation Services (GECAS) today announced that it is providing lease financing to JetBlue Airways for seven new Airbus A320-300 aircraft that are scheduled for delivery to the airline beginning in October 2002 and ending in May 2003.
Terms of the financing transaction were not disclosed.
This is the second transaction between GECAS and JetBlue following a secured debt financing completed earlier in the year.
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STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 16, 2002--GE Capital Aviation Services (GECAS) today announced that it is providing lease financing to JetBlue Airways for seven new Airbus A320-300 aircraft that are scheduled for delivery to the airline beginning in October 2002 and ending in May 2003.
Terms of the financing transaction were not disclosed.
This is the second transaction between GECAS and JetBlue following a secured debt financing completed earlier in the year.
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GE Completes Acquisition of Ion Track, Inc., Leaders in Advanced Trace Substance Detection, from Castle Harlan, Inc. PLAINVILLE, Conn.--(BUSINESS WIRE)--Oct. 15, 2002-- GE expanding in growth markets, investing in advanced technology and security GE Industrial Systems, a $6 billion unit of the General Electric Company (NYSE: GE), announced today it has completed its acquisition of Ion Track, Inc., from Castle Harlan, Inc., the New York merchant bank.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Oct. 11, 2002--GE's third-quarter 2002 earnings of $4.1 billion, or $.41 per share, increased 25% over third quarter 2001, and year-to-date cash flow from operations, excluding progress collections, increased 16%, GE Chairman and CEO Jeff Immelt announced today.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Oct. 9, 2002--GE will Webcast its conference call on third quarter financial results on Friday, October 11 at 9 a.m EDT. The conference call will follow the Company's news release on results, which will be available at approximately 6 a.m. that morning. The call and related materials will be available at www.ge.com/investor.
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HONG KONG--(BUSINESS WIRE)--Oct. 9, 2002--Dah Sing Bank this week announced its entry into the Corporate Payment Solutions market with two new charge card programs.
The new products, the Dah Sing MasterCard Corporate Card (Corporate Card) and Dah Sing MasterCard Corporate Purchasing Card (Corporate Purchasing Card), will help local and multinational corporations save money and improve financial management.