GEN ELECTRIC CO (GE)
From ValueWiki
The General Electric Company, or GE(NYSE:GE) is a multinational American technology and services conglomerate. GE describes itself as composed of a number of primary business units or "businesses." Each "business" is itself a vast enterprise, many of which would, as standalone companies, rank as part of the Fortune 500. The list of GE businesses varies over time as the result of acquisitions, divestitures and reorganizations.
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Company Analysis
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List of businesses
GE Commercial Finance
Capital Solutions, Corporate Financial Services, Healthcare Financial Services, Insurance, Real Estate, GE Industrial, Advanced Materials (Sold to Apollo Managament LLC in Nov 2006, renamed Momentive Performance Materials), Consumer & Industrial,
Equipment Services
GE Fanuc Automation, Inspection Technologies, Plastics, Security, Sensing,
GE Infrastructure
Aviation, Aviation Financial Services, Energy, Energy Financial Services, Oil & Gas, Transportation Systems (Formerly GE Rail), Water,
GE Money (also GE Consumer Finance)
GE Healthcare
NBC Universal
Network, Films, Television Stations, Entertainment Cable, Television Production, Sports/ Olympic Games, Theme Parks
NCB Universal
GE paid $6.5 billion when it acquired NBC’s parent company, the RCA Corporation, in 1986. Since then, GE has considered selling the network several times.[citation needed] In February 2007, GE's chairman and CEO Immelt called reports that he was pondering selling off NBC Universal as “more or less made-up drivel.” On February 20, 2007, Bob Wright, the outgoing chairman of that division said, in an interview to Fortune magazine, that he would not be surprised if, in three to five years, NBC Universal were not a part of GE. He said: "I wouldn’t be surprised. I also think Immelt means exactly what he says. He wants it to be successful, and he wants it to stay part of GE I understand that very well, because when this business is operating well, it’s a very attractive part of GE. And where it can be difficult is, if something isn’t perfect in the business, its imperfections become a noisy part of a company like GE There may well come a time, and I’m not saying it’s anytime [soon], where the fit isn’t as good as he’d like. And he has to manage his portfolio." He also said, referring to the NBC Network sub-unit, that "one 12- to 14-hour period" in 1994, "we had sold half the network to Disney" before Disney’s chief executive at the time, Michael Eisner, changed his mind. The network was once almost sold to Martin S. Davis as well, Mr. Wright said. Wright suggested that a deal with Time Warner "would be a great combination" that could be spurred next year when Time Warner will be able to separate it’s cable business from its content business without having to pay a big tax bill.[2]
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Research Links
- GEN ELECTRIC CO Snapshot
- Profile at Yahoo Finance
- Profile at MoneyCentral.com
- Company Events
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- Competitors at Yahoo Finance
- GEN ELECTRIC CO Leadership
- Officers and Directors at Reuters
- Salaries and Compensation at Reuters
- Insider Trades at Money Central
- Insider Trades at TheStreet.com
- Institutional Ownership at Money Central
- GEN ELECTRIC CO Fundamentals
- Key Statistics Yahoo Finance
- Key Ratios at Reuters
- Dividends and Returns at Morningstar
- SEC Filings at Edgar Online
- Financial Statements Quickview at Morningstar
- Historical Prices at Yahoo Finance
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- GEN ELECTRIC CO Technical Analysis
- GEN ELECTRIC ANALYST REPORTS
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Options
- Options Prices and Data at Yahoo Finance
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- Call Options Data at OptionsBuddy.com
Notes
- ↑ This is a sample reference.
- ↑ Robert Wright's Fortune magazine interview
