Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« Obama's Carbon Order Increases Nuclear Energy's Odds | Main | RUSSIA SEEKS TO DEVELOP NUCLEAR ENERGY IN ARGENTINA »
Monday
Jun162014

GE-Alstom Deal: French Fear Losing Control of Nuclear Assets

By TED MANNINTI LANDAURO and DANA CIMILLUCA

The standoff in France over General Electric Co. GE -0.81% 's $17 billion deal withAlstom SA ALO.FR -0.90% isn't just about jobs. It is also about nukes.

Nuclear-technology exports are a robust business in France, and Alstom is a significant player, supplying its Arabelle turbines to projects by engineering firm ArevaSA AREVA.FR -1.44% and utility Électricité de France SA EDF.FR -1.02% .

The concern among French officials is that future projects could become subject to a veto by Washington if GE owns Alstom's energy assets.

GE has told French officials that it could create a way to preserve French control of Alstom's nuclear assets, including the license to the Arabelle technology, people familiar with the matter said.

To continue please cick here.

The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.


Winners of the GoldDrivers Stock Picking Competition 2007


Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>