GE Buying 7 Percent Stake in Chinese Bank
GE Buying 7 Percent Stake in Chinese Bank
WJLA-TV Washington D.C. - Sep 29 12:13 AM
SHANGHAI, China (AP) - General Electric Co. plans to buy a 7 percent stake in China’s Shenzhen Development Bank in the latest foreign strategic investment in China’s increasingly competitive banking market, reports said Thursday.Through the purchase, valued at about $100 million, GE Consumer Finance hopes to gain entry into China’s developing personal loan market, while the Chinese bank would
GE to Buy IDX in $1.2 Billion Deal
WJLA-TV Washington D.C. - 40 minutes ago
BURLINGTON, Vt. (AP) - General Electric Co. said Thursday that its health care unit would buy IDX Systems Corp., which produces software for hospitals and doctors’ offices, in a deal the companies valued at $1.2 billion.Executives of both companies described the deal at a news conference as an ideal fit to take advantage in the rapidly expanding field of information health technology for health
Startup Financing
Entrpreneur.com - Sep 29 12:06 AM
A quick review of some basic financial terminology every entrepreneur should understand. Before getting financing, make sure to familiarize yourself with the basic terminology.
GE buying 7 percent stake in Chinese bank
BusinessWeek - Sep 29 4:08 AM
SEP. 29 4:58 A.M. ET General Electric Co. plans to buy a 7 percent stake in China’s Shenzhen Development Bank in the latest foreign strategic investment in China’s increasingly competitive banking market, reports said Thursday.
Need cash? Don’t rob your 401(k)
Seattle Times - Sep 18 11:08 AM
People hard up for cash whether they’ve been set back by a job loss or a disaster such as Hurricane Katrina may be tempted…