Company Profile For General Electric Company

General Electric Company (GE.N) (New York Stock Exchange)
sector: Industrials · industry: Industrial Conglomerates ·
As of  20 Nov 2009
15.59USD
Price Change
-0.17
Percent Change
-1.08%
 
 
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Overview

General Electric Company (GE) is a diversified technology, media and financial services company. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. As of December 31, 2008, GE operated in five segments: Energy Infrastructure, Technology Infrastructure, NBC Universal, Capital Finance and Consumer & Industrial. In January 2009, the Company acquired Interbanca S.p.A., an Italian corporate bank. In April 2008, Oil & Gas completed the acquisition of the Hydril Pressure Controls business from Tenaris. In September 2008, the Company announced the sale of its Japanese consumer finance business to Shinsei Bank. During the year ended December 31, 2008, the Company acquired Whatman plc; Vital Signs, Inc.; Merrill Lynch Capital, and CitiCapital.In September 2009, the Company completed the acquisition of ScanWind.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, General Electric Company's revenues fell 15% to $115.35B. Net income from cont. ops. applic. to common fell 44% to $7.96B. Revenues reflect a decrease in income from sale of goods, a fall in other income and a decrease in GECS revenues from services. Net income also reflects an increase in provision for losses on financing receivables and a decrease in lower operating margins.

Company Address

General Electric Company
3135 Easton Turnpike
Fairfield   CT   06828
P: +1203.3732211
F: +1203.3733131

Total Employees

300000

Find Out More About GE.N

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