Early Market News: General Electric Co. (NYSE:GE), Dell (NASDAQ:DELL), Yum! Brands Inc. (NYSE:YUM)

More breaking news stories could affect stocks when trading continues later. The following listed companies should see some movement: General Electric Co. (NYSE:GE), Dell (NASDAQ:DELL), Yum! Brands Inc. (NYSE:YUM). Here is a more detailed look at the news that will affect each company when trading continues. General Electric Co. (NYSE:GE) General Electric (NYSE:GE) has planned to invest $520 million in green power technologies. The company revealed in a statement yesterday that it has plans to buy a power conversion technology company for an amount of $520 million.br> The new move is a part of its decision to boost the energy efficiency of its cloud computing, smart phone and datacenter markets. Dan Heintzelman, General Electric (NYSE:GE) Energy Services president and chief executive, said, “According to recent studies, there will be 1.1 billion smartphones sold globally by 2013. Every new mobile device plugs into an infrastructure that requires an ever-increasing amount of high-quality power. As the data-driven economy grows, the addition of Lineage Power’s business platform continues the expansion of GE Energy’s offerings from the electric grid to data centers, cell towers, routers, servers and circuit board electronics.” Dell (NASDAQ:DELL) Dell (NASDAQ:DELL) has planned to combine its public and large-enterprise business units. As a part of move to enhance its position as an information-technology provider, the US based computer giant has decided to combine its both business units into a single operation which will be led by public unit head Paul Bell. Dell (NASDAQ:DELL) has also named Steve Schuckenbrock as the new president of its services business. He will replace Peter Altabef, who is leaving Dell (NASDAQ:DELL) after leading the integration of Perot Systems into the company. Yum! Brands Inc. (NYSE:YUM) Yum! Brands Inc. (NYSE:YUM) has extended its deal with race track operator Churchill Downs. The renewal of the agreement will allow Yum! Brands Inc. (NYSE:YUM) to remain as the sponsor of the Kentucky Derby at Churchill Downs through 2015. However the financial terms of the deal are not disclosed yet. A part of the revenue generated by this new agreement with Yum! Brands Inc. (NYSE:YUM) will go to race purses through a formula agreed upon in the most recent agreement between the track and horsemen. Expect more movement when trading continues for General Electric Co. (NYSE:GE), Dell (NASDAQ:DELL) and Yum! Brands Inc. (NYSE:YUM).
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