Saturday, November 20, 2010

Market News: General Electric Co. (NYSE:GE), Google Inc. (NASDAQ:GOOG), Microsoft Corp. (NASDAQ:MSFT)

Here are several more breaking news stories which could affect market stocks in trading later today. The following stocks should see some movement: General Electric Co. (NYSE:GE), Google Inc. (NASDAQ:GOOG), Microsoft Corp. (NASDAQ:MSFT). Here is a more detailed look at the news that will affect each company when trading continues. General Electric Co. (NYSE:GE) Chinese planes will soon be looking at new engines, courtesy of General Electric (NYSE:GE). General Electric (NYSE:GE) has got a contract for 42 engines for HNA Group’s Airbus A320s, to be delivered at the beginning of 2012, with the co-operation of Snecma of France. The deals are worth $2.1 billion. Shanghai-based Commercial Aircraft Corp. of China Ltd. had received 100 launch orders for its new C919 passenger jet, but the General Electric (NYSE:GE) joint venture, called CFM International, will provide all of the engines for those planes. A General Electric (NYSE:GE) spokesman said that they had signed a memorandum of understanding with HNA Group to maintain, repair, and overhaul that type of engine in the city of Tianjin. Google Inc. (NASDAQ:GOOG) Google Inc. (NASDAQ:GOOG) has warned the Irish government over their planned tax increase. Google Inc. (NASDAQ:GOOG) Ireland chief John Herlihy said that the Republic of Ireland's plan to increase corporation tax would damage the country's competitiveness. Herlihy said, “Anything that impinges on Ireland’s competitiveness is going to be a big thing for Google, including corporation tax. And anything that increases the cost-base of a business is negative for competitiveness.” The search engine giant has more than 2000 employees in its European headquarters in Dublin. Microsoft Corp. (NASDAQ:MSFT) It's Microsoft Corporation (NASDAQ:MSFT)'s party, but there'll be no crying this time! It's hard to believe that the world's most popular operating system is 25 years old, but it is a fact. The first Windows, Windows 1.0 was released by Microsoft Corporation (NASDAQ:MSFT) on 20 November 1985. A series of operating systems and many updates have turned the software giant into one of the greatest success stories in the business world. Although businesses have come and gone in the arena, Microsoft Corporation (NASDAQ:MSFT) is sill leading the OS industry without having any serious competition. We could possibly see more movement when trading continues for General Electric Co. (NYSE:GE), Google Inc. (NASDAQ:GOOG) and Microsoft Corp. (NASDAQ:MSFT).
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