GE Sells Biotech Business for $21bn to Danaher

The unit sold was part of GE's healthcare business and was slated for its own IPO later in the year. GE shares were 8% up in early trading.

The deal was positively received by analysts covering both companies.

Gabelli commented that it addresses the deleveraging challenges of GE, allowing it to focus on turning around the power business.

Others described it as "significant down payment" on $30bn of expected cash proceeds highlighted on 4Q. Janney's pointed to an uptick in DHR's organic growth rate going forward from 4% to 6%.

Danaher publishes a sustainability report yearly - the latest is on their website.

Bob Swan Edges in as CEO of Intel in Semi-Con Rat Race

Bob Swan becomes CEO of Intel after seven months as interim CEO. His previous experience includes 15 years at General Electric and later CEO of Foster City-based online grocery business Webvan (which went bust in 2001 and was folded into Amazon.com).

The Company Formerly Known as Statoil Expands into Electricity Trading

Equinor has bought Danske Commodities ("DC") for 459m EUR, making it a wholly owned subsidiary but not compromising the Danske name. DC CEO Henrik Lind heralded the deal as "an exciting new chapter for both companies".  DC achieved a 50% ROE in 2017.