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Gordon Haskett analyst John Inch told Bloomberg that GE’s change in strategy highlights the “billions of dollars of shareholder value destruction that is embodied with the failed Alstom acquisition, and also likely reflects GE’s inability to sell the business.
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General Electric (GE) has announced plans to leave the coal power market and focus on developing renewable energy projects.
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Motley Fool 09/21/2020 14:20
According to the release, though, the exit could include divestitures, site closings, and job impacts.
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Seeking Alpha 09/17/2020 20:06
I do not see BP's 5 and 10-year plans to deliver their new strategy as having an impact on BPMP's throughput or capability to pay its distribution.
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Financial Post (Canada) 09/17/2020 13:59
The Italian government told Macquarie it wanted the fund to buy less than 50% of Open Fiber so that CDP, which has a right of first refusal on any Enel stake sale, could take control, the sources said.
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ICIS News 09/17/2020 12:01
LONDON (ICIS)--Here is a plant status report: Name: BP Chemicals Location: Geel, Belgium Product: Purified Terephthalic Acid (PTA) Capacity (tonnes/year): 1.37m tonnes Event start: October Event...
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PR Newswire 09/16/2020 17:00
We love DC's diverse food scene and can't wait to serve Dupont Circle," says Admony.
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Electric Energy Online 09/16/2020 12:41
Microsoft to bring bp further into the cloud As part of bp's cloud-first IT approach, the company has extended its agreement to use Microsoft Azure cloud services as a strategic platform.
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