Hello Friends,
More great (wet) weather here on the North Coast and our Fire Season will officially close. The team and I are happy to see you and have some new news to share.
NEWS
This week's big hits:
- GE News
- Rexhell News
- GE Torture Center News
GE NEWS, SKATING AHEAD OF THE BREAKING ICE?
Lots of GE news snippets received this week from friends all around the globe. The big question, when will the ICE BREAK?
INDIA
We received some correspondence from a friend in India over the past week and it seemed rather interesting. Our friend indicated that unlike the "slick but shallow" reports on GE and India teaming up on technology, there is a weary eye in the crowd.
Our friend is involved in the water infrastructure and said that numerous solutions are available globally, in the form of strategic partnerships and solutions in the "water business". The optimal solution for India is one of economic participation, not manipulation.
As we reported here in an earlier blog most of our readers from places like India were disturbed by comments by GE CEO Jeff Immelt that they (India) were "less than capable"of managing their infrastructure without the "guidance" of GE.
JAPAN
Mitsubishi Heavy Industries Ltd. declares Japan "No Fly Zone" for GE in jet engine deal, Mitsubishi will use engines manufactured by Pratt & Whitney for MRJ passenger aircraft project.
GE EARNINGS REPORT
Did GE make money in the 3rd quarter?
My analysis, NOT REALLY! WHY,
Sale of GE Plastics proceeds to offset $2B in "bad business" ends up mostly a wash.
More Manufacturing Plant closures / jobs loss.
Company continues to chase technology, not lead.
$20B increase in revenue by 2010 from emerging world markets, how?
GE Back in the Nuclear Business, hopefully not in my backyard!
Rob's share estimate $0.46
Things to think about
Lots of "one-off" deals this quarter, is the "big picture" really all that clear?
Wait for the year end close and the carry over there.
REXHELL NEWS, NORTH AMERICA STILL SINGING THE BLUES
Recently the CEO of the Rexel Group, Jean-Charles Pauze decided it was time to proactively, beat me to the punch in reporting the North American bad news. Even before the end of the 3rd Quarter.
Pauze explained to Investir weekly in September that business in North America was once again off even after the implementation of a 3% reduction of American Workers.
Pauze continued that only 10% of the Groups sales are affected by the US housing slowdown, and no more Katrina Bucks but things are not all bad.
In fact, Pauze revealed that 45% of the Groups revenue is derived from from the North American market and that my friends gives YOU the power. Let's not forget to spend our money wisely!
WEBSITE & WEBLOG NEWS
Wow friends. what an exciting week! The team tells me that the stats were through the roof and there many cool things to talk about.
Top Story - Will Work for Food?
The "human capital hunters"from near and far have been searching the website and blog over the past few weeks in search of a higher education. Their search strings of choice Brad Green GE aka (The Most Educated One)topped our search string hit parade at number 1!
At a close 2nd was the ever popular jim hibberd aka (Pinocchio) and his downward career progression from GE president to GE-XPROBLEM regional sales manager.
As always, "The Flower" remains safely tucked away behind calico.
Now we are not sure what this all really means, but found it mighty interesting none the less that the flesh peddlers were giving the lads a look, fallout in frog land?
GE TORTURE CENTER NEWS
By far the biggest news in my world is the "possible" location of the GE Torture Center. As some of you may recall from a previous post, we received some mail from a "former helper" at a place very similar to the GE Torture Center that explained some of the practices that are implemented there.
In a recent update our reader went on to explain the multiple layers of deception that these thugs use to deceive and discriminate against YOU. Topping the list is unlisted locations and "stage names" used for interacting with "clients", Imagine that!
However, our friend did reiterate the fact that THESE BULLIES like to operate behind an "Iron Curtain" of protection and the possibility that their physical location is know is probably disturbing to them. No more dank little hole to hide in? Transparency = Truth!
The team and I would like to say thanks for all of YOUR support in saying no to these types of activities. After all as one reader pointed out, YOU can make THEM lose more money in an hour than I could earn in a lifetime. Use the power to say no to discrimination.
See you next week,
