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General Electric Wins Orders in Austria, Germany

General Electric Company said Wednesday it has been awarded contracts for eight Integrated Compressor Line units up to 14 megawatt from two European energy operators. The company said it the technology will help Open Grid Europe and Trans Austria Gasleitung GmbH transport gas across the heart of Europe, responding toRead More

German Business Confidence Falls to Four-Month Low in January

Confidence among German executives unexpectedly weakened in January, signalling a gloomier outlook for the next six months, survey results have indicated. The Munich-based Ifo Institute’s business confidence indicator, which is based on approximately 7,000 monthly survey responses from firms in manufacturing, construction, wholesaling and retailing, slipped to 109.8 in JanuaryRead More

Vonage Holdings Issued Thirteen New Patents

Vonage Holdings was recently granted 13 new patents from the U.S. Patent and Trademark Office bringing the total patents issued in 2016 to a company record of 40. As of the end of 2016, the company held a total of 146 U.S. patents, and 200 patents still pending. Among theRead More

Microsoft Names LinkedIn Executive Kevin Scott as Chief Technology Officer

Microsoft shares were slightly higher Tuesday morning after the company said it appointed Kevin Scott to a newly-created role of chief technology officer. Scott will serve as CTO of the technology firm and join its senior leadership team while also serving as LinkedIn’s (LNKD) senior vice president of infrastructure. MicrosoftRead More

Brookfield Canada Office Forms Special Committee

Brookfield Property Partners said pre-market Monday it made a proposal to Brookfield Canada Office Properties (BOXC, BOX.TO) to acquire the approximately 16.9% equity interest it does not own in the company, representing approximately 15.8 million units. Brookfield Canada Office Properties responded in a statement saying its board of trustees formedRead More

McDonald’s Q4 Results Narrowly Beat Expectations

McDonald’s shares were slightly higher pre-market Monday after the company reported Q4 earnings and revenues that narrowly beat consensus forecasts compiled by Capital IQ. Q4 EPS was $1.44 per share, up from $1.31 per share a year earlier and higher than GAAP expectations for $1.42 per share. Excluding a negativeRead More