Remote Monitoring Sensors Help Operators Protect Pipelines from Accidental Third-Party Damage
HOUSTON--07 July 2008-- GE Oil & Gas' PII Pipeline Solutions has installed its solar-powered ThreatScan™ sensors along an 11-mile section of a natural gas pipeline operated by El Paso Corp. in southeastern Houston to enable 24-hour "real-time" remote monitoring of the pipeline.
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Since 2004, GE has provided leadership development opportunities and financial assistance to more than 70 university students in the UK
LONDON, 4 July 2008 -- Today, at a ceremony in central London, fifteen more UK undergraduates from five universities will become GE Foundation Scholar Leaders, awarded in recognition of their academic excellence and future leadership potential.
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Since 2004, GE has provided leadership development opportunities and financial assistance to more than 70 university students in the UK
LONDON, 4 July 2008 -- Today, at a ceremony in central London, fifteen more UK undergraduates from five universities will become GE Foundation Scholar Leaders, awarded in recognition of their academic excellence and future leadership potential.
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- A 'typical' homeowner who bought as recently as 2004 has an average "equity cushion" of 48% - prices would need to fall by almost half before value of the loan exceeded property value*
- Average home bought in 2000 with average deposit of £27K has provided a 58% buffer, based on today's prices
- The average London property purchased in 1995 would need to depreciate by three quarters (73%) for the owner to encounter negative equity
"As house prices soften many commentators understandably warn of the potential of negative eq
business unit
tags
- A 'typical' homeowner who bought as recently as 2004 has an average "equity cushion" of 48% - prices would need to fall by almost half before value of the loan exceeded property value*
- Average home bought in 2000 with average deposit of £27K has provided a 58% buffer, based on today's prices
- The average London property purchased in 1995 would need to depreciate by three quarters (73%) for the owner to encounter negative equity
business unit
tags
- A 'typical' homeowner who bought as recently as 2004 has an average "equity cushion" of 48% - prices would need to fall by almost half before value of the loan exceeded property value*
- Average home bought in 2000 with average deposit of £27K has provided a 58% buffer, based on today's prices
- The average London property purchased in 1995 would need to depreciate by three quarters (73%) for the owner to encounter negative equity
business unit
Largest Rail Signaling Project in South America for GE
Rio De Janeiro, Brazil, July 2, 2008 -- GE - Transportation, a unit of the General Electric Company (NYSE: GE), announced today that it has been awarded a $60 million contract from Vale to overhaul its signaling and communication system along approximately 600Km of double line track on the Railroad Vitória to Minas (EFVM) and in the rail yard of the Tubarão Port. The project is expected to be complete by 2010.
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NORWALK, Conn.--July 1, 2008--GE Commercial Finance Corporate Lending today announced it provided a $175 million debtor-in-possession credit facility to Goody's Family Clothing, Inc., an apparels retailer. The loan will be used for working capital needs as the company restructures under Chapter 11. GE Capital Markets arranged the transaction.