General Electric Company

News and overview for General Electric Company

YM Krishna SSK Chooses GE Fanuc Intelligent Platforms Proficy Process Systems for Renewable Energy Production [Press Release]
Business Wire | 3 days 18 hours 16 minutes ago
GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, today announced that YM Krishna SSK has chosen its breakthrough process control system, Proficy® Process Systems to control and automate its captive power plant located in a remote area of Western Maharashtra, India. The captive power plant is a 16 MW cogeneration plant that will take bagasse from a sugar mill and provide energy back to the total plant. YM Krishna SSK is “going green” by utilizing the waste from the mill and c...


ORBCOMM Reports Results for Third Quarter 2009 [Press Release]
Business Wire | 13 days 19 hours 42 minutes ago
ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, today announced financial results for the third quarter ended September 30, 2009.


Appliance Recycling Centers of America Reports Third Quarter Operating Results [Press Release]
PRNewswire | 13 days 5 hours 16 minutes ago
MINNEAPOLIS, Nov. 9 /PRNewswire-FirstCall/ -- Appliance Recycling Centers of America, Inc.


Zacks Analyst Blog Highlights: Ford Motor Company, Wipro Limited, General Electric Company, Cognizant Technology Solutions Corporation and Infosys Technologies Limited [Press Release]
Business Wire | 19 days 11 hours 16 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Ford Motor Company (NYSE: F), Wipro Limited (NYSE: WIT), General Electric Company (NYSE: GE), Cognizant Technology Solutions Corporation (Nasdaq: CTSH) and Infosys Technologies Limited (Nasdaq: INFY).


Portland General Electric Declares Dividend [Press Release]
Business Wire | 25 days 16 minutes ago
On October 28, 2009, the Board of Directors of Portland General Electric Company (NYSE:POR) declared a quarterly common stock dividend of 25.5 cents per share. The dividend is payable on or before January 15, 2010, to shareholders of record at the close of business on December 28, 2009.


Acacia Subsidiary Licenses Medical Picture Archiving and Communication System (PACS) Technology to General Electric Company [Press Release]
Business Wire | 19 days 22 hours 15 minutes ago
Acacia Research Corporation (Nasdaq: ACTG) announced today that its Hospital Systems Corporation subsidiary has entered into a license agreement with General Electric Company covering a portfolio of patents that apply to medical picture archiving and communication system (PACS) technology. This agreement resolves the parties’ dispute that was pending in the District Court for the Eastern District of Texas.


2010 IR Global Rankings: Invitation for Investors and Analysts Vote for Companies with the Best IR Program and for the Best IR Officer [Press Release]
PRNewswire | 6 days 4 hours 15 minutes ago
NEW YORK, Nov. 16 /PRNewswire/ -- MZ Consult NY (


GE Money and Lumber Liquidators Launch Consumer Financing Program [Press Release]
Business Wire | 34 days 18 hours 16 minutes ago
GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and Lumber Liquidators (NYSE: LL), the nation’s largest hardwood flooring retailer, announce a multi-year agreement to offer consumer financing. The Lumber Liquidators credit card offers consumers a no annual fee card with special financing options and 0nline account management. The card is managed by GE Money’s Sales Finance unit, which provides billions of dollars of consumer financing through more than 145,000 small...


sound-eklin Announces Exclusive Partnership With GE Healthcare to Meet Veterinary Ultrasound Needs [Press Release]
MarketWire | 6 days 13 hours 16 minutes ago
CARLSBAD, CA -- (Marketwire) -- 11/16/09 -- sound-eklin, the leading provider of digital radiography, PACS (Picture Archiving and Communications Systems) and diagnostic ultrasound solutions for veterinary care, announced today that it is the exclusive provider of GE Healthcare ultrasound systems for the veterinary marketplace. GE Healthcare is the worldwide leader in ultrasound system sales according to the Klein Biomedical 2008 Ultrasound Industry Report.


GE Healthcare Kicks off National BEE Healthy Initiative to Address Childhood Obesity [Press Release]
Business Wire | 37 days 19 hours 57 minutes ago
Today, GE Healthcare will roll out a national health awareness program called BEE Healthy™*, a General Electric Company (NYSE:GE) corporate-wide initiative that provides fun, interactive activities for children while educating families about childhood obesity. The GE Hispanic Forum, an employee-based group that focuses on making a positive difference in the Hispanic community through an emphasis on health and education, will host the first-ever BEE Healthy* Kids Fitness Buzz.


GE Fanuc Intelligent Platforms Announces GRA111 for Supercomputing Applications in Harsh Environments [Press Release]
Business Wire | 5 days 14 hours 16 minutes ago
GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, today announced the OpenVPX-compatible GRA111 high performance graphics board. Further developing the relationship announced on October 8 by GE Fanuc Intelligent Platforms and NVIDIA® Corporation, the GRA111 is not only among the first commercially-available products to feature NVIDIA’s newly-announced GT 240 GPU (graphics processing unit), but is also the first rugged implementation of a CUDA-capable GPU.


GE Working to Improve Access to Prenatal Care [Press Release]
Business Wire | 20 days 18 hours 23 minutes ago
In the quest to expand access to high quality prenatal care to communities with limited healthcare services, GE Global Research, the technology development arm for the General Electric Company (NYSE: GE), has been awarded a two-year, $1.2 million project under the federal stimulus program from the National Institute of Biomedical Imaging and Bioengineering, part of the National Institutes of Health (NIH) to develop a low-cost transducer for portable ultrasound systems that maintains the highe...


Portland General Electric Wins National Solar Business Achievement Award [Press Release]
Business Wire | 25 days 13 hours 1 minute ago
Portland General Electric (NYSE:POR) was recognized today by the Solar Electric Power Association with a 2009 Solar Business Achievement Award in the category of Partnering for Success.


GE Transportation and CSR Qishuyan Finalize Locomotive Diesel Engine Joint Venture [Press Release]
Business Wire | 5 days 19 hours 46 minutes ago
GE Transportation announced today the formation of a joint venture company with CSR Qishuyan Locomotive Co., Ltd., a unit of China South Locomotive and Rolling Stock Corporation Limited (CSR), to develop, build and service GE’s Evolution® Series locomotive diesel engines in China. The announcement was made as part of "GE's Clean Technology Week in China" activities.


John Flannery Named President and CEO Of GE India [Press Release]
Business Wire | 24 days 22 hours 46 minutes ago
General Electric Company Chairman and CEO Jeff Immelt today announced the appointment of John Flannery as president and CEO of GE’s business operations in India.





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Company Overview


Company: General Electric Company
Industry: Commercial Lending
Website: http://www.ge.com

From turbines to TV, from household appliances to power plants, General Electric (GE) is plugged in to businesses that have shaped the modern world. The company produces -- take a deep breath -- aircraft engines, locomotives and other transportation equipment, kitchen and laundry appliances, lighting, electric distribution and control equipment, generators and turbines, and medical imaging equipment. GE is also one of the preeminent financial services companies in the US. General Electric Capital, comprising commercial finance, consumer finance, aircraft leasing, real estate, and energy financial services, is its largest segment. Other operations include the NBC television network.


Key Numbers

Sales in U.S. Dollars (mil.) 182,515 (2008)
One-year % Growth in Sales 5.7 (2008)
Net Income in U.S. Dollars (mil.) 17,410 (2008)
One-year % Growth in Net Income -21.6 (2008)
Number of Employees 323,000 (2008)
One-year % Growth in Number of Employees -1.2 (2008)
Fiscal Year-End December