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Transcripts For CNBC Squawk Box 20140623

Know, immelt goes over there, and the only way to get the deal done is the french minister says give me a piece of the action. It was less cash, but i dont know, i read some other commentary over the weekend that it would be less profitable near term right. Than it would have been for General Electric, but they wanted it badly, and General Electric and ge, jeff immelt, wanted to get the Ge Financial Services part of the business below 30 , and this does that in a much more but now your partner is the government. Right. Officially. I mean it was sort of unofficial to begin with. You know what, andrew, if you look at, and remember jeff, a republican yep. Signed on early to the Obama Administration because you have ge has to deal with governments everywhere. And people call it crony capitalism, but we certainly have this isnt the first government that ge has obviously dealt with. And you have to, especially when you are a big conglomerate getting a lot of government contracts and Everythi

Transcripts For CNBC Squawk On The Street 20140623

The first time this year. Road map begins with the markets searching for fresh highs. Dow closing in on 17k after logging its first sixday winning streak since december. Last weeks winning sector, utilities, where weve got action today, lead higher again . General electric overcoming the latest hurdles in its bid in france. Lululemons founder, new allies in his fight to shake up the retailers board. More drama more lulu. Stocks looking to make more history. Dows in 53 points of 17,000. Blue chips and s p in the midst of the sixsession winning streak after hitting highs. Nasdaq closing at its highest level in 14 years. S p so far this year, up 6. 2. I was reminded by s p capital last week, last summer it was up 7 . Everybody sort of knowing well close out q2. What kind of stage does it set for the middle of the year . Look the news headlines, out this morning, bullish actist. M and a, utility deal, also existing home sales at 10 00 a. M. To watch. Economists are looking for a gain there

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