KURIHAMA, Japan--(BUSINESS WIRE)--March 16, 2006--Global Nuclear Fuel-Japan Co. Ltd. (GNF-J), a company belonging to the Global Nuclear Fuel (GNF) joint venture of GE, Toshiba and Hitachi, has been awarded a contract by Chubu Electric Power Co., Inc. (Chubu) to provide Mixed Oxide (MOX) fuel for the utility's Hamaoka nuclear power plant.
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TREVOSE, Pa. & OAKVILLE, Ontario--(BUSINESS WIRE)--March 14, 2006--GE Water & Process Technologies, a unit of General Electric Company (NYSE: GE) and ZENON Environmental Inc. (TSX: ZEN and ZEN.NV.A; OTC: ZNEVF and ZNEAF), announced today that they have signed an agreement in connection with the acquisition by way of Plan of Arrangement of ZENON by GE in an all cash transaction for Cdn $24.00 per share, valuing the transaction at approximately Cdn $760 million, or US $656 million.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 8, 2006--GE welcomes the launching of negotiations towards a U.S.-Malaysia Free Trade Agreement. Bilateral trade between the U.S. and Malaysia reached $44 billion in 2005, making Malaysia the United States' tenth largest trading partner.
Presently, over 80% of Malaysia's imports from the U.S. are in electrical machinery, turbines and boilers, medical equipment and aircraft, all of which are strong sectors for GE.
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Fortune 6 March 2006
CNN Money asked seven management experts for their perspectives of the World's Most Admired Company.
CNN Money asked seven management experts for their perspectives of the World's Most Admired Company. They didn't pull any punches.
Here's what they said. (PDF)
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 3, 2006--GE (NYSE: GE) today announced that its 2005 Annual Report is now available on the company's Web site at www.ge.com/annual05. The annual report entitled, "Go Big," reviews GE's 2005 performance and provides an overview on the company's three strategic priorities for sustained performance in 2006.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 2, 2006--General Electric (NYSE: GE) today announced the pricing of its secondary public offering of Genworth's (NYSE: GNW) Class A Common Stock and reaffirmed its first quarter 2006 earnings per share outlook of $.38-.40, up 15-21%, and total year earnings per share outlook of $1.94 -2.02, up 13-17%.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 27, 2006--GE (NYSE: GE) today announced that it is commencing a secondary public offering of approximately 71 million shares of the Class A Common Stock of Genworth Financial, Inc. (NYSE: GNW). Concurrently with the offering, Genworth also will repurchase 15 million shares of Genworth's Class B Common Stock directly from GE at the net price per share of Class A Common Stock that GE receives in the secondary offering. The repurchase will close simultaneously with, and be contingent upon, the closing of the secondary offering.