Saturday, December 10, 2011

General Electric (NYSE:GE) Opens New Power Turbine

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tdp2664 E money daily General Electric (NYSE:GE) has reported a French power plant's first operation with a new turbine. General Electric (NYSE:GE) Opens New Power Turbine General Electric (NYSE:GE) and French state-controlled utility group Electricite de France SA (EDF.FR) have joined to develop the EUR400 million ($533 million) power plant that will be a part of the 510-megawatt plant during a two-year revelation period. A GE spokesman added that "a plant in Turkey that will be equipped with the technology likely will become operational late in 2015, shortly after the French plant." General Electric Co. (NYSE:GE) shares were at 16.31 at the end of the last day’s trading. There’s been a 4.6% movement in the stock price over the past 3 months. General Electric Co. (NYSE:GE) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.58 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.82 Zack’s Rank: 6 out of 26 in the industry



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