May 30, 2011 13:00 ET

General Electric Nuke Biz Remains Safe While Exxon Flares Up and dPollution Joins the Army

Quick News From General Electric (GE), Exxon Mobile (XOM), and dPollution, (RMGX)

LAS VEGAS, NEVADA--(Marketwire - May 30, 2011) -

General Electric (GE). Global Nuclear Fuel, which is 60 percent owned by GE and 40 percent by Hitachi and Toshiba combined, got a $300-million boost last week for its billion-dollar nuclear business. The deal allays concerns for the business created in March by earthquakes in Japan. GE last closed at 19.44 up 0.02 (0.10%) on a trading volume of 30,227,880.

The positive news is based on a deal with Constellation Energy to continue fuel supply to the Nine Mile Point Nuclear Station north of Syracuse, N.Y., on the shores of Lake Ontario.

Exxon Mobil Corp's(XOM) reported Sulfur Dioxide was released into the air during flaring, on Saturday at its 150,000 barrel per day refinery in Torrance, California, according to notices filed with California pollution regulators. Exxon did not identify the cause of the flaring but said it was not due to a mechanical breakdown. The extent of the damage or environmental impact is not known, but many will be watching closely. Exxon Mobil XOM last closed up .24 (.29%) at 82.63 on volume of 11,949,430.

dPollution International Inc. (RMGX) Weeks after announcing its fuel-reconditioning device has been approved for sale in the European Union, the company is now boasting excellent results from efficiency tests conducted by the Italian Army near Rome. dPollution has identified military vehicles around the world as prime sales targets for its fuel efficiency technology.

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