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Transcripts For CNBC Power Lunch 20151016

Can we do about it plus four stocks to trade those global water fear approximates. We begin with shares of General Electric hitting sevenyear highs on the back of its latest earnings. The stock has not closed at 29 or above since yawing august of. Its slightly below that and moving higher, about 12 so far this year. Is all the restructuring working. Mary thompson breaks it down for us. A lot of investors are at least betting it will work. Ge in the midst of a massive restructuring and it delivered stronger than expected profits for the thirty quarter even as revenue missed estimates. The better than expected earnings helped by strength in the aviation and transport businesses and the news it plans to sell its majority stake in the Consumer Finance arm has helped to push shares to the highest level this is seven years. The exchange will lead to a 20 billion buyback, twothirds of the 30 billion in capital ge is returning to shareholders this year. 2015, of course, has been a transformati

Alibaba s Media Arm To Invest $640 Million In Hong Kong Entertainment Industry

Alibaba Digital Media and Entertainment Group will spend the capital on film production and talent development in the city.

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