QUOTE AND NEWS
MarketWatch  Jan 6  Comment 
Fox News anchor Megyn Kelly is leaving the network for NBC as cable news sees a rotation of talent. President-elect Donald Trump reportedly still opposes the AT&T-Time Warner merger. Online publisher Medium eliminated 50 jobs and says the...
DailyFinance  Jan 6  Comment 
Filed under: Entertainment, TV News NBC may be cancelling long-running soap opera "Days of Our Lives" to make room for Megyn Kelly's incoming daytime news program, People reported Friday. Despite rumors that Kelly's new show could replace...
newratings.com  Jan 6  Comment 
WASHINGTON (dpa-AFX) - Veteran Fox News anchor Greta Van Susteren will be joining MSNBC next week, the network announced on Thursday. MSNBC said Van Susteren will host "For the Record with Greta," which will air weeknights at 6 p.m. ET beginning...
CNNMoney.com  Jan 6  Comment 
President-elect Donald Trump said Friday that he wants a probe into a report by NBC News that used information provided by an unnamed senior intelligence official who discussed a report detailing alleged Russian hacking of top Democratic officials.
New York Times  Jan 6  Comment 
The former NBC News correspondent and CNN prime-time host comes to Facebook as it struggles with its position as a content provider that does not produce its own content.
Motley Fool  Jan 6  Comment 
The blue-chip stock is preserved as a correlated play on the industrial economy, but here's why that's not likely to be the case in 2017.
DailyFinance  Jan 6  Comment 
Filed under: Entertainment, TV News In two weeks, Donald John Trump will officially become the 45th President of the United States. Instead of doing something, y'know, presidential, Trump spent Friday morning tweeting insults at the new...
CNNMoney.com  Jan 5  Comment 
Longtime Fox News host Greta Van Susteren will join MSNBC as the host of a new early evening program, the channel announced Thursday.
DailyFinance  Jan 5  Comment 
Filed under: Entertainment, TV News Rachel Maddow is feeling rather lonely. The MSNBC host is one of the last remaining women in primetime news after the announcement that Megyn Kelly would be leaving Fox News for NBC. WATCH: Megyn Kelly...




 


General Electric Co. (NYSE: GE) is a multinational conglomerate that manufactures large-scale industrial products, produces consumer appliances, and provides financial services. GE's operations now span the financial services, energy, industrial manufacturing and healthcare. In 2010, GE was ranked the second-largest company in the world by Forbes based on a formula that included sales, net income, assets, and market capitalization.[1]

GE's diversification provides the company with a degree of protection against poor performance in any business segment. Additionally, GE's size enables it to buy and sell companies at opportune times, taking advantage of favorable market conditions. Acquisitions contributed $0.5 billion to net income and $3.4 billion to consolidated revenues in 2009. [2] The company aims to integrate acquired businesses as quickly as possible.

General Electric has announced a new overall strategy of focusing on its healthcare, engine, energy, and other core manufacturing businesses instead of its service-oriented businesses like GE Money and NBC Universal.[3] In October 2010, GE Healthcare announced it would be acquiring Clarient (CLRT), a molecular diagnostics firm, for $587 million in cash.[4] The company hopes that the deal will diversify its revenue base and push further into the medical imaging space.

This strategy change comes at the heels of the 2008 Financial Crisis, which has had a sizable effect on GE, since the company usually generates nearly a third of its revenue from GE Capital Services (GECS), the company's financing arm.[5] On March 12, 2009, S&P downgraded GE to a "AA+" credit rating from its long-held "AAA" rating, citing increased uncertainty relating to GE Capital. GE's prospects are largely tied to the strength of the economic recovery.

Muito funcional, parabe9ns, sf3 tenho um dfavida, exsite a possibilidade de fazer o reverso, ao inve9s de busca a prf3xima segunda-feira, retornar a sexta-feira anterior, por exemplo, se dia 31 for se1bado ele retornar o dia 30 sexta-feira?

Trends and Forces

Maintaining flexibility through acquisitions

As a large conglomerate with substantial purchasing power, General Electric employs a strategy of acquiring and selling off companies to maximize revenues at any given time. By using this strategy to enter and exit various industries, GE adjusts its portfolio of offerings in order to take advantage of profitable conditions in any one market or industry. For example, improved fuel efficiency in airplane engines has reduced commercial airlines' operating costs, allowing them to expand their fleet of airplanes. GE has responded to this trend by expanding further into the engine production and airplane leasing businesses.[6] Some notable acquisitions in the past several years include:

  • Healthcare
    • GE's acquisitions of Amersham in 2004 and IDX Systems in 2006, which manufacture products used in health care, have helped expand GE's presence in the industry.[7] [8] Revenues for GE's healthcare segment have since increased from $15.0 billion in 2005 to $17.0 billion in 2007. [9]
  • Plastic business
    • GE Supply and Advanced Materials was sold to offset the losses resulting from the price inflation of raw materials, natural gas, and benzene. Unpredictable commodities prices have made it difficult for GE to achieve predicted earnings, driving the company to sell its plastic business. SABIC is 70% owned by the Saudi government, however, which could politicize the issue and present an obstacle to closing the deal. [10]
  • Insurance
    • GE has been selling off its insurance businesses in order to concentrate on expanding its other divisions' presence in emerging markets. With the sales of GE Life, GE Insurance Solutions, and Genworth, the company completely exited the insurance business in 2006.[11]
Error creating thumbnail
GE Revenue % by Region[12]

Focus on International Growth

GE has been greatly expanding its presence across the world, particularly in emerging markets. International markets often provide higher growth potential, driving GE's push into new geographic regions. One particular area with high potential for international growth is cable and television programming, where GE operates 15 cable and satellite brands operating in over 100 countries.[13] Management hopes to double its cable revenue to $500 million. [13] In October 2009, CEO Jeffrey Immelt said the company may double revenues from India to $6 billion in the next 3-4 years. [14]

Though global expansion offers the possibility for higher revenue growth, there are also some risks involved. Laws and regulations, which differ from country to country, can significantly impact GE's performance. For example, in December of 2006, Japan passed a law that lowered the maximum interest rate lenders (such as GE) can charge and put limits on consumer borrowing, leading GE to divest its Japanese businesses.[15]

I have been browsing oninle more than three hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my view, if all webmasters and bloggers made good content as you did, the net will be a lot more useful than ever before

Your articles are for when it absolutely, positively, needs to be understood oevrnight.

Environmental Leadership

In May 2005 GE announced the launch of a "Ecomagination" program intended to develop tomorrow’s solutions such as solar energy, hybrid locomotives, fuel cells, lower-emission aircraft engines, lighter and stronger durable materials, efficient lighting, and water purification technology.[16] The bulbs are rated 8000 hours and guaranteed for five years. The company's increased emphasis on clean technology is an aggressive initiative to bring new technologies help consumers meet pressing environmental challenges. [17]

Competition

GE competes against a number of other companies, but most of them are more specialized, focusing in one indl,l,l,l,l,l,l,l,l,l ustry. GE's operations, on the other hand, are spread across many different industries, limiting its exposure to competition from any one company.

References

  1. Fortune Global 2000
  2. GE 2009 Annual Report, p. 29
  3. WSJ, "The Usual Merger Suspects"
  4. GE to Buy Clarient in $587 Million Deal WSJ
  5. GE 2008 10-K
  6. GE engine production up, orders down in ‘08
  7. GE completes Amersham acquisition
  8. GE Healthcare Completes Acquisition of IDX Systems Corporation
  9. GE 2007 Annual Report, Note 25, page 98
  10. SAUDI ARABIA - The SABIC Perspective.
  11. New York Times, "G.E. Completes Its Exit From Insurance Industry"
  12. GE 2007 Annual Report, page 51
  13. 13.0 13.1 GE 2007 Annual Report, Letter to Investors, page 6
  14. Bloomberg "GE’s Immelt Says Emerging Markets ‘Doing Very Well’"
  15. MarketWatch, GE Consumer Finance latest casualty of Japanese crackdown
  16. New York Times, "It's Getting Crowded on the Environmental Bandwagon"
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki