GE after the bell 07/10/06: changes at NBC's social networking site iVillage

Posted Jul 10th 2006 5:20PM by Tobias Buckell
Filed under: After the Bell, Deals, Rumors, Press Releases, Industry, Competitive Strategy, General Electric (GE)

GE ended the day at $33.45, up 15 cents. Of late the market has been getting ready for second quarter earnings, and some volatility is not surprising as GE bumps up and down as it gets closer to Friday, when earnings for GE's second quarter will be announced.

GE Healthcare announced recently a collaboration with TGen on cancer research, something that might provide some results while keeping initial research cost down.

More light on the social networking side of NBC's acquisitions are out now, with NBC moving a new executive over to iVillage. Is this in preparation for the rumored purchase of Tribe.net? Time will tell.

Tags: GE healthcare, GeHealthcare, iVillage, NBC, TGen, Tribe.net