On Thursday, Shares of General Electric Company (NYSE:GE), gained 0.90% to $28.02. 51.11 million shares of the company were exchanged.
Opportunities New Brunswick (NB), GE Canada and GE Ventures Licensing have declared a partnership to provide New Brunswick entrepreneurs access to GE intellectual property that will assist them bring new technology, products and services to market.
Stephen Lund , president and CEO of Opportunities NB, and Ross Hornby , vice-president of government affairs and policy at GE Canada, made the declaration at the joint GE and Opportunities NB 2015 Small Business Day event held at Planet Hatch in Fredericton .
The Small Business Day event comprised of talk about innovation in New Brunswick , in addition to opportunities for New Brunswick companies to pitch how they might license and commercialize GE technology to serve the needs of their customers.
Several New Brunswick companies take part in the Small Business Day event.
New Brunswick is the third province in Canada , after Nova Scotia and Alberta , to collaborate with GE on the sharing of intellectual property.
General Electric Company operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of Marathon Oil Corporation (NYSE:MRO), inclined 5.24% to $20.17, during its last trading session.
In the last trading session, the stock moved on high volume, trading at a volume of 17.09 M as compared to its average daily volume of 16.94 million shares.
The stock, as of recent close, has shown weekly upbeat performance of 31.81% which was maintained at 35.35% in 1-month period.
Marathon Oil Corporation operates as an energy company. It operates in three segments: North America Exploration and Production, International Exploration and Production, and Oil Sands Mining.
At the end of Thursday’s trade, Shares of General Motors Company (NYSE:GM), inclined 1.12% to $33.42.
It traded in a range of $32.86 and $33.51, exchanging hands with 12.91 million shares.
The stock is up 8.08% in this year through last close. In the trailing twelve months, net profit margin of the company was 3.00% while gross profit margin was 10.90%.
General Motors Company, said it would recall 31,685 SUVs in North America to repair a manufacturing defect in the windshield wiper motor that may overheat, according to Reuters.
GM told the U.S. vehicle safety regulator National Highway Traffic Safety Administration it will recall certain model year 2016 Chevrolet Traverse, GMC Acadia and Buick Enclave SUVs manufactured between Aug. 18, 2015 to Sept. 24, 2015.
The front windshield wiper motor cover may melt, smoke or catch fire due to overheating in some cases.
GM said about 6,400 of the SUVs with faulty wiper motors were sold to customers while the rest are being held at dealerships. Reuters Reports
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
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