When the idea of GE getting into the wind business wasfirst

When the idea of GE getting into the wind business wasfirst pitched in 2001, Immelt dismissed it as a “hula hoop,”requiring a high investment with little payoff, Magee wrote. Just three years later, Immelt gathered his top lieutenants toinform them of “Ecomagination,” a new push into green business. The book’s final chapters watch Immelt and GE’s top executivesnavigate the financial market turmoil of the second half of 2008,showing Chief Financial Officer Keith Sherin and Immelt discussingwhether to register GE Capital as a bank holding company — ashift they ultimately decided against. One telling quote about GE’s management style comes fromJohn Rice, a GE vice chairman who runs the company’s technologyinfrastructure arm. “If you are off your numbers but doing a really good jobrunning the company in a lousy market you should not have toworry,” Magee quotes Rice as saying. The thing that gets Immelt most emotional is GE’s beaten-downstock price, Magee said.

GE shares — which investors longconsidered a defensive investment due to the diversity of thecompany’s operations and its geographic reach — have sharplyunderperformed the broader market over the past year “It frustrates me,” Magee quotes Immelt as saying. “Itmakes me angry, but you have to step back.” (Reporting by Scott Malone; Editing by Eddie Evans) Stocks Global Markets. LONDON, April 30 (Reuters) – Nokia (NOK1V.HE) plans to sella two-part 10-year and 30-year benchmark dollar bond, IFRreported on Thursday. Stocks  |  Bonds  |  IPOs  |  Global Markets Guidance has been set at Treasuries plus around 250 basispoints on the 10-year tranche and plus around 275 basis pointson the 30-year bond, said IFR Markets, a Thomson Reuters onlinenews and market analysis service. Bank of America/Merrill Lynch and Barclays are lead managerson the deal, IFR added. Nokia is rated A1 by Moody’s Investors Service, A byStandard & Poor’s and A+ by Fitch Ratings. (Reporting by Natalie Harrison) Stocks Bonds IPOs Global Markets.

Don’t look now, but the Minnesota Golden Gophers are quietly putting together a playoff run. The Gophers (11-12-2 WCHA, 16-15-2 overall) defeated a reeling UMD Bulldogs (14-10-1, 18-14-1) 3-2 on Friday night at the DECC in Duluth. Plenty of fans of both teams were on hand to watch the Gophers pick up an emotional and hard-fought win on a gritty Jacob Cepis goal at 14:59 of the third period. Nick Larson started the scoring out for the Gophers at 12:59 of the first period, taking a nifty pass from Jake Hansen on a 2-on-1 and depositing the puck past Bulldog goaltender Brady Hjelle above his left shoulder. The Gophers controlled the play for much of the first and second periods, and were rewarded for their hard work with a five-minute power play on a boarding major.The Gophers, however, failed to score on the lengthy man-advantage, and the kill breathed new life into the Bulldogs team.After getting a power play late in the second period, forward David Grun put away a rebound that skittered across the crease with just four seconds left in the second period to knot the game at one goal a piece. The third period was a emotional affair, with many skirmishes breaking out after the whistles had blown.The Gophers took advantage of a fortunate break at 9:13 of the period.Gopher defenseman Cade Fairchild had just come out of the penalty box and was on a partial breakaway after a nice pass from Jordan Schroeder.A Bulldog player was racing back to intercept Fairchild, but got tangled up with the referee, leaving the Gopher with a clear path to the net, which he buried five-hole.

The Bulldogs got a power play later in the period which they capitalized on quickly, getting a goal from Travis Oleksuk.However, after a broken play in front of Hjelle, Gopher forward Jacob Cepis whacked the puck into the net from the doorstep after several tries.The Gophers held off a hard-charging Bulldog squad in the last minutes of the game to secure the victory 3-2 Three Gophers Stars of the Game 3. Alex Kangas The Gopher goaltender stood tall in this game, stopping 32 of 34 Bulldog shots that came his way.The Bulldog student section, known as The Penalty Box, is known for getting on opposing goaltenders’ nerves, but Kangas maintained his composure to lead the Gophers to victory 2. Jacob Cepis Cepis scored the game-winning goal on a gritty play, and gritty is the perfect word to describe the Junior forward’s tenacity in this game and on the season as a whole.Cepis played with his typical blend of speed and annoying agitation to the opposing team, and he came up with the big play when the team needed it the most 1. Nick Larson Larson scored the first goal on a beautiful play, and was a solid contributor throughout, generating more scoring chances from the bottom two lines than we have seen yet this year.While I do not know if this game is of the breakout type for Larson, we have been seeing much more scoring from the checking lines during the Gophers current three-game winning streak.Larson will not likely be able to step up in every remaining game this year, but I no longer doubt that some other role player will.With scoring depth unlike anything followers of the Maroon and Gold have seen in several seasons, this team could compete in the rapidly-approaching postseason. The Gophers have another huge game tonight.A win would put them officially back on the bubble for both the NCAA tournament and the race for home ice in the WCHA.Keep winning and the Gophers could see themselves in St. Paul for the Final Five and, perhaps, for the West Regional of the NCAA Tournament. This article is also featured on Pride on Ice Blog. Production of a Swine Flu Vaccine in a Few WeeksMERIDEN, Conn., April 30 /PRNewswire/ — Protein Sciences Corporation (PSC), aprivately-owned biopharmaceutical company based in Meriden, CT, announcedtoday that stockholders elected a new slate of members to the Company’s Boardof Directors at the 2009 Annual Meeting, held on April 28, 2009 ThoseDirectors are:–Daniel D.