General Electric Company (NYSE:GE): Comcast (NASDAQ:CMCSA) announced the launch of Xfinity Streampix, a new subscription video service that enables Xfinity video customers to instantly view favorite movies and TV shows in and out of the home, including numerous past seasons of current hit shows and full series, to multiple screens and devices including TVs, online platforms and mobile devices. To launch Streampix, Comcast has entered into licensing agreements with leading movie studios and programming providers including Disney-ABC Television Group (NYSE:DIS), NBCUniversal (NYSE:GE), Sony Pictures (NYSE:SNE), Warner Bros. Digital Distribution (NYSE:TWX) and Cookie Jar Entertainment and built a line-up of content, which is available starting this week. In the coming year, the Streampix service will be available on additional devices such as Xbox 360 (NASDAQ:MSFT) and Android-powered (NASDAQ:GOOG) devices. Streampix will be included as part of many Xfinity triple-play packages as well as separately for $4.99 a month with other video packages.

The shares closed at $19.41, up $0.13, or 0.67%, on the day. Its market capitalization is $204.92 billion.

3M Company (NYSE:MMM): 3M (NYSE:MMM) and Chesapeake Energy Corporation (NYSE:CHK) announced an agreement to collaborate in designing, manufacturing and marketing a broad portfolio of compressed natural gas tanks for use in all sectors of the United States transportation market. The new CNG tanks developed through the 3M and Chesapeake partnership will reduce costs while increasing performance. Chesapeake has pledged an initial $10M toward design and certification services, market development support and a commitment to use the new tanks for its corporate fleet conversion to CNG. 3M has engaged Hypercomp Engineering, Inc. of Utah for the design and certification of tanks. 3M will manufacture the tanks and focus its capital on all future operations and production. 3M expects these tanks to be available for sale during the fourth quarter of 2012.

The shares closed at $87.60, up $0.04, or 0.05%, on the day. Its market capitalization is $60.88 billion.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Stella Mariz at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!