GE, Intel and Microsoft Propel Dow Toward 13,000 in Active Trading Day

Microsoft Corporation (NASDAQ:MSFT): Microsoft (NASDAQ:MSFT) will spend $130M to expand its data center in Dublin, Independent.ie reports. The expansion will lead to the creation of 400 construction jobs over the next year, and the center will employ an additional 50-70 staff when completed.

Intel Corporation (NASDAQ:INTC): Intel will offer a free version of an app that’s compatible with Microsoft (NASDAQ:MSFT) Office documents and includes a word processor, spreadsheet, presentation maker, according to Business Insider. Called LibreOffice for Windows, the app will be available on the Intel AppUp store, the publication added.

General Electric Company (NYSE:GE): GE Capital, Franchise Finance recently provided a $2.675 million term loan to QSC Restaurants, Inc., a Wendy’s franchisee, for a partner buyout. The funding was provided through GE Capital’s bank affiliate, GE Capital Financial Inc.

GE Healthcare and Masimo (NASDAQ:MASI) jointly announced a long-term agreement under which GE will incorporate Masimo rainbow SET technology into many of GE Healthcare’s patient monitoring products. “Combining Masimo’s measurements advances with our innovative patient monitors enhances bedside clinical decision-making and ultimately, supports patient care,” said Matthias Weber, General Manager of Monitoring Solutions at GE Healthcare. “Through our focused Monitoring Solutions division, GE Healthcare is committed to optimally collecting information from the patient’s body, and transforming it into meaningful intelligence for caregivers. Masimo’s suite of noninvasive and continuous rainbow SET measurements will further enhance the point-of-care clinical intelligence benefits already offered in GE Healthcare’s patient monitors.”Ge Healthcare is a unit of General Electric (NYSE:GE).

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com