General Electric

There are 20 entries tagged with "General Electric".
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GE Set To Sell Appliance Business

AP   |   May 15, 2008


FAIRFIELD, Conn. — General Electric Co. plans to auction off its Louisville, Ky.-based appliances business, The Wall Street Journal reported Wednesday. GE has hired Goldman Sachs Group Inc. to run an auction for the appliance division, according to the newspaper,...

Olympic Sponsors Face Activist Protests

AP   |  JOE McDONALD   |   April 25, 2008


BEIJING — An activist group will organize protests against Beijing Olympics sponsors that it says have failed to press China to help end fighting in Darfur. Dream for Darfur said 16 companies, including General Electric Co., Coca-Cola Co. and Microsoft...

Jack Welch: His Final Transformation Isn't Pretty

Fortune's Stanley Bing | Posted April 17, 2008 | Business


Fortune's Stanley Bing

This is just a note of condolence to Jeff Immelt. I have no comment or thought on the business difficulties being faced by General Electric right now, beyond to say that it's a tough market, that everybody is in it, that nobody is feeling very good right now, and that...

Consumer Confidence Hits 26-Year Low

Reuters   |   April 12, 2008 01:42 PM


Disappointing first-quarter earnings from General Electric Co (GE.N: Quote, Profile, Research) and a drop in U.S. consumer confidence to its lowest in more than a quarter century in early April provided the latest signs the U.S. economy may be in...

"Shocking" GE Results Prove Depth Of Financial Crisis

Financial Times   |  Francesco Guerrera, Justin Baer   |   April 11, 2008 05:29 PM


General Electric underlined the depth of the global financial crisis on Friday, announcing its worst quarter in five years and slashing full-year forecasts. The news, described as "shocking" by a senior GE executive, combined with data showing that US consumer...

Stocks Fall Sharply Following GE Results

AP   |  TIM PARADIS   |   April 11, 2008


NEW YORK — Wall Street stumbled Friday after a disappointing first-quarter report from General Electric Co. surprised the market and stoked concern about the health of both corporate profits and the wider economy. The major indexes fell more than 2...

GE's Shocking Tumble: Analysts React

Wall Street Journal   |  http://blogs.wsj.com/marketbeat/2008/04/11/analysts-react-ges-miss/?mod=WSJBlog   |   April 11, 2008 12:09 PM


Wall Street analysts, at least in their research, tend to display a measured tone, but General Electric Co.'s surprising earnings miss has brought out a range of emotions in the researchers following the industrial behemoth. Already, two firms have downgraded...

Feeble GE Profits Shake Markets

Bloomberg   |  Raychel Lane   |   April 11, 2008 08:35 AM


General Electric Co. reported its first decline in quarterly profit since 2003, missing analyst estimates with a 12 percent drop in earnings as a freeze-up in credit markets blocked asset sales and forced it to write down the value of...

General Electric: Killing Chinese Workers For A Cleaner Environment

Jonathan Tasini | Posted April 1, 2008 | Business


Jonathan Tasini

I have to admit to a knee-jerk dislike when I hear the name "General Electric". It goes back to the days when the company that claims "we bring good things to life" was deep in the business of producing nuclear weapons, which have a quirky ability to end life....

Give The News Impartially? FAIR Report Highlights Conflicts of Interest

Janine Jackson | Posted March 26, 2008 | Media


Janine Jackson

Talk about the belly of the beast. In April of 2007, NBC's Matt Lauer opened a news report from inside an airplane engine manufactured by General Electric, NBC's corporate parent. "Full disclosure," the Today show host told viewers, on site at the Boeing factory in Everett, Washington, "it's actually made...

G.E.'s Immelt: NBC Not For Sale

New York Times   |  Bill Carter   |   March 11, 2008 10:07 AM


Now hear this: NBC Universal is not for sale. No how, no way. Jeffrey R. Immelt, left, the chairman of General Electric, and Jeff Zucker, the president of NBC Universal. Looking to squelch persistent rumors, Jeffrey R. Immelt, the chairman...

NBC - Give Tucker Carlson Russert's Meet The Press Chair

Peter Smith | Posted March 10, 2008 | Media


Peter Smith

Say NBC -- now that you're canceling Tucker Carlson's show on MSNBC, why don't you give him Tim Russert's chair on Meet The Press?

Carlson is younger, better-looking and faster-talking. He's mastered the art of silencing people with whom he disagrees by talking over them (a skill Mr. Russert...

GE Meets Profit Expectations

Reuters   |  Scott Malone   |   January 18, 2008 03:25 PM


General Electric Co (GE.N) posted a 4 percent rise in net profit on Friday, matching Wall Street expectations, with strong demand for heavy equipment from outside the United States offsetting the effects of a slowing domestic economy. The second-largest U.S....

Dogs Of The Dow

24/7 Wall Street   |  John C. Ogg   |   December 26, 2007 09:37 AM


The Dogs of the Dow aren't necessarily the worst performers of the prior year, but they pay the highest the dividend yields. We wanted to review the 10 Dogs of the Dow to see what the outlook and what the...

The Best Stocks For 2008

Fortune   |  Jon Birger and Katie Benner   |   December 12, 2007 11:10 AM


We'll say this for the U.S. economy: It can take a punch. Consider the blows it has absorbed just this year. The worst real estate crash since the Great Depression. Pow! Oil prices up from $50 to $90 a barrel...

G.E. Recalls 92,000 Microwave Ovens

AP   |   December 5, 2007 07:42 AM


General Electric recalled 92,000 combination wall and microwave ovens after at least 35 incidents of fire that damaged property, the company and the Consumer Product Safety Commission said Wednesday. The door switch in the microwave oven can overheat and ignite...

NBC's Vast Green Wasteland or Lipstick on a Pig

Joseph Romm | Posted November 20, 2007 | Media


Joseph Romm

What a total dud NBC's Green Week turned out to be. I thought that


  1. the shows would find clever ways to promote green themes

  2. this would launch NBC on becoming greener.


Not! Indeed, the only good news is that the shows...

Zucker: NBC Not For Sale

Reuters   |  Paul Thomasch   |   October 30, 2007 10:02 AM


NBC Universal Chief Executive Jeff Zucker on Monday dismissed repeated rumors that the media company would be sold by parent General Electric. Speaking at an event in New York, Zucker said GE Chief Executive Jeff Immelt had been "very clear"...

Seemed Like a Good Idea at the Time

Harry Shearer | Posted October 14, 2007 | Politics


Harry Shearer

I was but a babe when the Atomic Age began -- babe in the infant sense, babe -- and a mere tot when the decision was made to tame the mighty atom. Viewed from this distance, Atoms for Peace (as the taming project was called) seems impossibly wrongheaded, an invitation...

GE To Decide NBC's Fate After '08 Olympics

Financial Times   |  Francesco Guerrera, Joshua Chaffin, Aline Van Duyn   |   October 11, 2007 08:45 AM


The fate of NBC Universal, General Electric's entertainment unit, will be decided only after the Beijing Olympics, with executives at the US conglomerate ruling out a sale before August's showcase event, according to people close to the situation. NBC, whose...

 

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