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Southwest Airlines (LUV)

Southwest Airlines (NYSE: LUV) today reported a third quarter Net loss of $16 million, or $.02 loss per diluted share, compared to a net loss of $120 million, or $.16 loss per diluted share, for third quarter 2008. Third quarter 2009 results included special items (net of profitsharing and taxes) consisting of a charge of $27 million relating to the Company's early-out program and a net loss of $12 million, relating to non-cash, mark-to-market and other items associated with a portion of the Company's fuel hedge portfolio.
Q3 operating revenues were 2,666,000 vs. 2,891,000 in last year's comparable period, a decrease of 7.8.

Oct 15 · 10:37:00 AM · Source: PR Newswire
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by Larry Etter

GE (GE)

GE today announced investment stakes in SolarEdge, an Israeli startup, and Tendril, a Boulder, Colorado startup, as part of a strategy for business to generate and use energy more efficiently.
SolarEdge owns a technology which allows solar panels to operate 25% more efficiently. Tendril produces equipment that allows consumers and utilities to communicate and run equipment at more efficient times of the day thereby lowering costs. GE did not disclose the size of its investment.

Oct 14 · 11:39:00 AM · Source: Reuters
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by Michael Oliveto

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