Connect with us

Hi, what are you looking for?

Jewish Business News

World News

6 Stocks in the News: General Electric, UPS, FedEx, Carlyle Group, Cisco and Intel

stocks

General Electric (GE) wants to sell of its legendary home appliances unit to focus more on its industrial segment. It might have a buyer in Sweden’s Electrolux and Quirky, which along with a private equity group, may purchase the segment for $2 billion.

UPS (UPS) and FedEx (FDX) are expanding into China and made a game-changing move to expand shipping services there without needing additional licenses. Since 2009, Chinese laws have blocked this kind of access to delivery services to foreign companies, and this means a major win for FDX and UPS.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Carlyle Group (CG) may be spinning off  Axalta Coating Systems only 18 months after purchasing it from Dupont. The IPO could raise $1 billion.

Cisco (CSCO) reported earnings, up $0.55 per share compared to $0.51 a year ago, but it has had to cut 8% of its jobs. Its guidance was flat and revenue growth was in-line.

Intel (INTC)  is going to purchase the processor unit from Avago for $650 million. Intel is making the acquisition to compete with the broader network processor industry.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.