GE ended the day at $34.55, up 33 cents, a neat feat considering that the rest of the market took a dive for the second day running. Despite some awkward news for its NBC division about a potential strike, GE has a run of good news it's reporting.
The first piece is that GE is breaking ground on the world's largest solar panel power plant, another big victory for their Ecomagination campaign. For GE it is a major cross-company focus that pays off by letting them pull to the front and create large alternative energy projects with their backing. GE was in the news yesterday for a large wind turbine deal as well.
GE also showcased technology that will go into upcoming LCD screens, something we're not going to see less of around the world anytime soon, demonstrating that GE's materials division is going strong. Not a bad day for the conglomerate, everything else considered.
The first piece is that GE is breaking ground on the world's largest solar panel power plant, another big victory for their Ecomagination campaign. For GE it is a major cross-company focus that pays off by letting them pull to the front and create large alternative energy projects with their backing. GE was in the news yesterday for a large wind turbine deal as well.
GE also showcased technology that will go into upcoming LCD screens, something we're not going to see less of around the world anytime soon, demonstrating that GE's materials division is going strong. Not a bad day for the conglomerate, everything else considered.
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