GE Serves as TYRX Administrative Agent and 2 Dow Movers Making Waves
The Boeing Company (NYSE:BA): Current price $73.58
In a presentation in March 2012, Airbus warned the airline industry of risks linked to lithium batteries, a long time before two safety incidents grounded 787 Dreamliners built by Boeing, according to Reuters.
Cisco Systems (NASDAQ:CSCO): Current price $20.72
The security software maker Rapid7 says that glitches in widely used networking tech expose millions of personal computers, printers and storage drives to attack by hackers over the regular Internet. The devices include products from makers such as D-Link, Belkin, Cisco Systems’ Linksys division and Netgear (NASDAQ:NTGR), says Reuters.
General Electric Company (NYSE:GE): Current price $22.44
GE Capital Healthcare Financial Services reported that it is serving as administrative agent on an $8.5 million senior secured credit facility for TYRX, comprised of a $7 million term loan and a $1.5 million revolving line of credit. The financing will be used to refinance existing debt, working capital and in support of commercialization efforts.
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