GE Signs Contract with Major Holiday Distributor
Okay, so it’s not quite inside information, but this morning when I logged into my computer at work I found out that GE has signed a contract with Santa to provide a new state of the art sleigh. This is sure to impact GE’s stock price, which as of recent has been around the upper $15s.
We all know that traditionally Santa has had a rather old fashioned sleigh pulled by his reindeer, but the reindeer are getting old and so is Santa and so GE has developed mind blowing proprietary technology to solve some traditional problems. Some of the new features include OLED lighting, RFID Asset tracking (for Santa’s many gifts), and much more. Another cool thing is that most of this stuff is in development or has been developed by GE already. Take a look at the below app to learn more.



Mashable and other sources report that on Thursday Comcast is likely to buy a 51% stake in NBC, leaving GE with 49%. Comcast sits currently as the number 1 broadband and cable television provider in the United States and this venture would be a shift in Comcast’s business model in a new direction. Instead of simply delivering the ability to access content by the end user Comcast would have a major stake in content creation. NBC Universal owns USA Network, Bravo, Syfy, MSNBC, CNBC, among others.

