GAITHERSBURG, Md.--(BUSINESS WIRE)--April 15, 2002--GE Global eXchange Services (NYSE:GE), a leader in business-to-business electronic commerce, today announced that it has been named a preferred services provider for J.C. Penney Corporation, Inc. and its Eckerd Corporation drugstore subsidiary on future supply chain e-business initiatives.
GXS will enable J.C. Penney and Eckerd to transact electronically with suppliers and supply chain partners, including access to GXS's trading partner network and product data catalog containing nearly 60 million line items.
ATLANTA--(BUSINESS WIRE)--April 12, 2002--GE Power Systems is moving forward with its proposed acquisition of Enron Wind Corp, a global leader in the manufacturing and installation of wind turbine generators.
The transaction was approved on April 11 by the U.S. Bankruptcy Court, and is still subject to European Union regulatory approval, which is expected within the next several weeks.
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SHANGHAI--April 10, 2002--GE Plastics, a unit of General Electric Company, announced today that it has signed definitive agreement to purchase 100% shares of Zhongshan Plastech Sunsheet Co., Ltd., a Chinese polycarbonate multi-wall manufacturer in Zhongshan City of South China's Guangdong Province.
The new company is named GE Plastech Sunsheet ( Zhongshan) Co., Ltd. This marks the first major acquisition GE and GE Plastics has signed in China in 2002.
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GAITHERSBURG, Md.--(BUSINESS WIRE)--April 10, 2002--GE Global eXchange Services (NYSE:GE), a leader in business-to-business Internet commerce, today announced that it has introduced a series of intelligent software adapters designed to enable select leading enterprise resource planning (ERP) and customer relationship management (CRM) applications to connect to a wide variety of internal and external systems and trading partners in "real-time."
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FAIRFIELD, Conn,--(BUSINESS WIRE)--April 9, 2002--General Electric Company today announced that it has extended until 5:00 p.m., New York City time, on April 15, 2002, the tender offer relating to the 11 1/2% Senior Discount Notes due 2008, Series D (the "Notes"), of Telemundo Holdings, Inc. ("Telemundo Holdings").
The tender offer previously had been scheduled to expire at 5:00 p.m., New York City time, on April 8, 2002.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--April 8, 2002--As previously reported, GE will hold a conference call and Webcast on first quarter results as part of the Company's ongoing efforts to enhance communication with investors.
The call will be held this Thursday, April 11 at 9 a.m. following the release of first quarter results at 8:30 a.m. The call will feature Keith S. Sherin, GE senior vice president - Finance and chief financial officer, Richard F. Wacker, corporate vice president - Investor Communications, and Joanna H. Morris, director - Investor Relations.
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ATLANTA--(BUSINESS WIRE)--April 1, 2002
Further expanding its presence in the Latin American energy market, GE Power Systems has acquired full ownership of a GE-AES Gener SA joint venture based in Santiago, Chile which offers a broad range of services for power plants.
The joint venture, Servicios Integrales de Generacion de Energia Electrica SA, (SIGEN), formerly was owned 60% by GE and 40% by AES Gener SA. SIGEN now will be totally integrated into GE Power Systems' energy services business.
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EVENDALE, Ohio--March 28, 2002--Malev Ltd., the national air carrier of Hungary, has ordered two firm and six option Bombardier CRJ200 extended range (ER) regional jet aircraft, powered by GE's CF34-3B1 engine. The potential engine value, including the option orders, is more than $32 million.
The two firm aircraft, which are scheduled to enter service in June and July of this year respectively, are the first regional jet aircraft purchased by the airline as part of its fleet development strategy aimed at strengthening its regional role.