Tag Archives: Koninklijke Philips Electronics

General Electric (NYSE:GE) to Acquire Lufkin Industries (LUFK) in $3.3 Billion Deal

General Electric Company (NYSE:GE) is tapping proceeds from the sale of NBC to support its $3.3 billion acquisition of Lufkin, Texas based Lufkin Industries, Inc (NASDAQ:LUFK) as CEO Jeffrey Immelt takes advantage of an oil-drilling boom.

Oil and gas has …

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Panasonic (NYSE:PC) Makes World’s Highest Conversion Efficiency Prototype Solar Cell

The Nikkei reports in its Feb 11 edition confirms that Panasonic Corporation (ADR) (NYSE:PC) prototype solar cell has attained the world’s biggest conversion efficiency at 24.7%, as shown by tests performed by the National Institute of Advanced Industrial Science and …

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Sony (NYSE:SNE) May Unveil PlayStation 4 at Feb 20 Event – SNE, PHG, PCS, AVP, CAG, IP, ZQK, NKE, MJN

An analyst reported that Sony Corporation (ADR) (NYSE:SNE) is prepping a powerful latest version of the home console to distribute more realistic games and entertainment features. Sony is attempting to reverse a 2 year drop in PlayStation sales.

Wedbush Securities …

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L-3 Communications (NYSE:LLL) Fiscal Q4 Net Tumbles; Lifts Earnings Guidance for FY 2013 – HON, LLL, RTN, MTW, PHG, NOC, RYL, DHR, DDD

L-3 Communications Holdings, Inc (NYSE:LLL) announced that its fiscal Q4 Net income allocable to common shareholders plunged to $212 million or $2.25 a share from $274 million or $2.72 a share in similar period a year earlier.

The New York …

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Panasonic (NYSE:PC) to Shut Down Plasma-Display TV Plant in Shanghai – PHG, SNE, PM, MJN, MO, KO, GIS, PG

Panasonic Corporation (ADR) (NYSE:PC) reported on Friday that it is closing a plasma-display television set plant in Shanghai and moving the factory’s operations to another Chinese flat-panel TV facility.

The Japanese consumer electronics maker announced that the Shanghai factory has …

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General Electric (NYSE:GE) Sings Deal with Woodward (WWD) to Partially Divest Aviation Systems Unit – UTX, SI, PHG

GE Aviation Systems, an operating business of General Electric Company (NYSE:GE), has most recently reported a deal with Woodward Inc (NASDAQ:WWD) to divest its hydraulic thrust reverser actuation systems business for almost $200 million in cash.

Woodward, an independent designer …

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