General Electric Company

News and overview for General Electric Company

PGE Selected by DOE as Oregon Utility Partner in $178M NW Smart Grid Demo [Press Release]
Business Wire | 13 hours 31 minutes ago
The Department of Energy has selected a Pacific Northwest team including Portland General Electric (NYSE:POR) to conduct a regional smart grid demonstration project designed to expand upon existing electric infrastructure and test new smart grid technology with up to 60,000 customers in five states.


Steve Sargent Named President and CEO of GE Capital Asia Pacific [Press Release]
Business Wire | 1 day 5 hours 47 minutes ago
GE Capital, the financial services segment of the General Electric Company (NYSE:GE), today announced the appointment of Steve Sargent as president and CEO of GE Capital’s business operations in Asia Pacific.


GE PowerHaul Locomotives Officially Launched by Freightliner in UK [Press Release]
Business Wire | 16 hours 29 minutes ago
Freightliner Group Ltd. and GE Transportation announced today that Freightliner has officially launched the first PowerHaul locomotives at a ceremony held at Freightliner’s depot near Leeds, UK – introducing state-of-the-art technology to the UK’s rail freight market.


EMC Announces Acquisition of the Technology Store, Inc. [Press Release]
MarketWire | 12 hours 59 minutes ago
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/24/09 -- EMC Metals Corp. (TSX: EMC) is pleased to announce that it has entered into a stock purchase agreement (the "Agreement") with Willem and Irene Duyvesteyn (the "Sellers") dated November 19, 2009, whereby EMC has agreed to purchase all of the issued and outstanding capital stock of The Technology Store, Inc., a Nevada corporation, from the Sellers in exchange for 19,037,386 common shares of EMC.


GE Money and The Tile Shop Cement Consumer Financing Program [Press Release]
Business Wire | 7 days 14 hours 49 minutes ago
GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and national tile retailer The Tile Shop today announced an agreement for a new consumer financing program. The Tile Shop revolving credit card is part of the GE Money Home DesignSM program, and enables consumers to enjoy affordable monthly payments, generous credit limits, competitive interest rates and special promotional financing options. The card is managed by GE Money’s Sales Finance unit, which provides billions...


Portland General Electric Reports Third Quarter 2009 Financial Results and Initiates 2010 Earnings Guidance [Press Release]
Business Wire | 26 days 23 hours 29 minutes ago
Portland General Electric Company (NYSE: POR) today reported net income of $32 million, or $0.43 per diluted share, for the quarter ended September 30, 2009, compared to zero for the third quarter of 2008.


PGE Files Energy Resource Plan with Public Utility Commission [Press Release]
Business Wire | 19 days 11 hours 21 minutes ago
Portland General Electric Company (PGE) (NYSE:POR) today filed a comprehensive resource plan with the Oregon Public Utility Commission, outlining proposed strategies to meet its customers’ electricity needs over the next 20 years. The plan is the result of many months of analysis and research, including a half-dozen day-long public workshops held over the course of the planning process to solicit input from customer advocates, regulators, energy experts, and other key stakeholders.


General Electric Strives For Greater Frankness In Its Citizenship Reports, Ethikos Reports [Press Release]
PRNewswire | 7 days 9 hours 25 minutes ago
General Electric Strives For Greater Frankness In Its Citizenship Reports, Ethikos...Has an accounting firm certified the accuracy of the numbers? General Electric Company has heard all those criticisms, and it has worked assiduously...


GE Healthcare Introduces Novel Device to Detect Tissue Stiffness [Press Release]
Business Wire | 1 day 12 hours 1 minute ago
GE Healthcare today introduced MR-Touch, a visual palpation technology that uses low frequency sound waves in combination with MRI to measure tissue elasticity. For centuries, clinicians have evaluated tissue stiffness—the physical property of tissue most affected by disease—through palpation. Based on technology invented at Mayo Clinic (Rochester, MN) and licensed to GE Healthcare, MR Touch extends the principles of palpation with a precise, non-invasive, cost-effective way to evaluate tissu...


GE Scientists Developing Wearable RFID Sensors to Detect Airborne Chemical Agents [Press Release]
Business Wire | 7 days 17 hours 5 minutes ago
GE Global Research, the technology development arm for the General Electric Company (NYSE: GE), today announced a $2 million award from the National Institute of Environmental Health Sciences (NIEHS), part of the National Institutes of Health to develop wearable RFID sensors to alert people to the presence of environmental chemical agents in the air and sample exhaled breath to serve as an early indicator of disease.


James Cash, Jr., Ph.D., Joins Veracode Board of Directors [Press Release]
MarketWire | 8 days 10 hours 44 minutes ago
BURLINGTON, MA -- (Marketwire) -- 11/16/09 -- Veracode Inc., provider of the world's leading cloud-based application risk management services platform, today announced that James Cash, Jr., Ph.D., Emeritus James E. Robison Professor of Business Administration at Harvard University Business School, was named to its board of directors.


Wil Pergande Elected Non-Executive Chairman of the Board at Consolidated Water Co. Ltd. [Press Release]
PRNewswire | 4 days 12 hours 59 minutes ago
...contributions to the success of our Company as a member of the Board of Directors...very effectively represent our Company within the business and investment...Technology Infrastructure division of General Electric Company, where he was responsible for...


BERNINA Renews Consumer Finance Agreement with GE Money [Press Release]
Business Wire | 14 days 19 hours 29 minutes ago
GE Money, the consumer lending unit of General Electric Company (NYSE:GE - News), and BERNINA, a world-leading manufacturer of high-performance sewing and embroidery systems, announced a multi-year extension of their consumer financing agreement, originally formed in 2002. The no annual fee BERNINA credit card offers customers special financing options and additional savings opportunities throughout the year. The card is managed by GE Money’s Sales Finance unit, which provides billions of dol...


New GE Money and Oreck Consumer Financing Program Helps Consumers Breathe Easier [Press Release]
Business Wire | 20 days 16 hours 19 minutes ago
GE Money, the consumer lending unit of General Electric Company (NYSE:GE - News), and home cleaning industry leader Oreck Corporation today announced an agreement for a new consumer financing program. The Oreck Power Card is part of the GE Money Home DesignSM revolving credit program, and enables consumers to enjoy affordable monthly payments, special promotional financing options and online account management. The card is managed by GE Money’s Sales Finance unit, which provides billions of d...


Hewitt Associates, The RBL Group and Fortune Announce Global Top Companies for Leaders [Press Release]
Business Wire | 5 days 17 hours 59 minutes ago
IBM, Procter & Gamble and General Mills head the 2009 list of Global Top Companies for Leaders, the most comprehensive study of organizational leadership in the world. The Global Top Companies for Leaders study is conducted by Hewitt Associates, a global consulting and outsourcing company, in partnership with The RBL Group, a strategic HR and leadership systems advisory firm, and Fortune. This year’s winners were selected and ranked by an expert panel of independent judges based on criteria i...





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7735 Results

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