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Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme [Reuters]

GE Aerospace (GE)  More Company Research Source: Reuters
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme - Reuters 6 Min Read SAO PAULO (Reuters) - The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters. The investigations into the companies’ business in China, along with an existing SEC probe into their sales in Brazil, are part of a new effort by U.S. regulators to crack down on alleged corruption in sales of costly medical equipment worldwide, said the sources, who spoke on condition of anonymity because they were not authorized to discuss the investigation publicly. The SEC declined to comment. Siemens, GE and Philips all denied wrongdoing and said they were unaware of any SEC investigation concerning their operations in China. Reuters reported in May that the SE [Read more]
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Stockreport

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme [Reuters]

GE Aerospace  (GE) 
More Company Research Source: Reuters
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme - Reuters 6 Min Read SAO PAULO (Reuters) - The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters. The investigations into the companies’ business in China, along with an existing SEC probe into their sales in Brazil, are part of a new effort by U.S. regulators to crack down on alleged corruption in sales of costly medical equipment worldwide, said the sources, who spoke on condition of anonymity because they were not authorized to discuss the investigation publicly. The SEC declined to comment. Siemens, GE and Philips all denied wrongdoing and said they were unaware of any SEC investigation concerning their operations in China. Reuters reported in May that the SE [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS