According to a RTT News report, GE shares closed up by 2.78 at $28.51 on the highest volume of the year after announcing its decision to sell most of GE Capital. The stock finished at its highest level since September 2008. read more

APR 13, 2015 - 7:45 am

Follow this story

In its most recent Industry Research Update on Food, Beverage and Agribusiness, GE Capital noted that its Americas unit invested $12.7 billion as of November 2014. read more

APR 9, 2015 - 6:55 am

Apex Clean Energy said it reached financial close of a $397 million construction loan for the Kay Wind Project in OK. The company said Rabobank is the administrative agent, collateral agent and LC issuing bank. read more

APR 6, 2015 - 7:11 am

In an article released by CIT, Mike Lorusso, Group Head and Managing Director, CIT Corporate Finance, Energy, asks, what does the drop in oil prices mean for related business that support the industry? read more

APR 2, 2015 - 7:06 am

Bloomberg reported the SEC’s enforcement division is looking at whether senior asset-management executives at JPMorgan Chase developed a policy of improperly steering clients into investments for the bank’s own financial gain. read more

MAR 31, 2015 - 7:26 am

Ritchie Bros Auctioneers announced that Steve Simpson, chief sales officer, Global Key Accounts, is resigning from the business to pursue other opportunities. read more

MAR 31, 2015 - 7:17 am

Odessa Technologies donated computers, office equipment and supplies to local Philadelphia organization 12+ to help outfit its newest PLUS Center at Penn Treaty High School. read more

MAR 31, 2015 - 7:14 am

Leaseurope released the results of its preliminary survey of the European leasing market for 2014, which indicate that new leasing business in Europe expanded by 8.4% in 2014 reaching its highest annual rate of growth in volume since 2007. read more

MAR 30, 2015 - 2:02 pm

Bloomberg reported that banks face a push from international regulators for stiffer rules on the capital needed to handle an unexpected rise in interest rates. read more

MAR 30, 2015 - 7:25 am

Penske Logistic said it reached an agreement to acquire Transfreight North America, a provider of third-party logistics and supply chain solutions, from Mitsui. read more

MAR 24, 2015 - 7:10 am

In his letter to shareholders, GE chief executive Jeff Immelt said, “To be clear, GE is an industrial company first and foremost. GE Capital must enhance our industrial competitiveness, not detract from it.” read more

MAR 23, 2015 - 7:16 am

SNL Financial reported that falling long-term interest rates in 2014 left many bank portfolio managers apprehensive about investing at such low yields. read more

MAR 18, 2015 - 7:26 am

Bloomberg reported that U.S. crude production has continued to rise despite the collapse in oil prices. And for a market where prices are already under pressure from a glut of oil, that’s not a pretty picture. read more

MAR 17, 2015 - 7:34 am

Investment firms Varde Partners, KKR and Deutsche Bank have agreed to purchase GE Capital’s Australian and New Zealand consumer lending business at an enterprise value of $6.3 billion. read more

MAR 16, 2015 - 7:21 am

Baker Hughes reported that the rig count in the U.S. as of March 13, 2015 was 1,125 active rigs, down 684, or 38%, from the same date one year ago. Canada’s rig count over the same 30-day period was down 58%. read more

MAR 16, 2015 - 7:14 am