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General Electric Company (GE) operates as a technology, media, and financial services company worldwide. Its Infrastructure segment produces jet engines, turboprop and turbo shaft engines, and related replacement parts for use in military and commercial aircraft; wind turbines; aircraft engine derivatives; gas and steam turbines, and generators; drilling and production systems, compressors, turbines, turboexpanders, and industrial power generation equipment; diesel-electric locomotives; and water treatment solutions for industrial and municipal water systems. It also offers financial products and services for aviation and energy sectors, as well as engages in gathering, processing, transporting, and marketing natural gas and gas liquids. The company’s Commercial Finance segment provides loans, leases, and other financial services to manufacturers, distributors, and end-users for various equipment and capital assets. It also provides capital and investment solutions. Its GE Money segment offers credit cards, loans, mortgages, and deposit and savings products to consumers and retailers. GE’s Healthcare segment manufactures equipment for magnetic resonance, computed tomography, positron emission tomography, nuclear, and X-ray imaging. Its NBC Universal segment provides network television services; produces television programs and motion pictures; operates television stations; owns various cable/satellite television networks; and operates theme parks. GE’s Industrial segment offers home appliances; lamp products; electrical distribution and control products; motors and control systems used in end-industrial and consumer products; commercial lighting systems; protection and productivity solutions; handheld and portable field calibrators; equipment for detection of material defects; stand-alone measurement instrumentation; and systems for validating or certifying commercial and industrial processes. The company was founded in 1892 and is based in Fairfield, Connecticut. Analysts' Recommendation: | Buy | | 30 Days Ago: | Buy | | | Analysts' Target: | $36 | | Analysts' Targets | | Wedbush Morgan Securities | $33 | | Hold | Thursday, May 22, 2008 | | Wachovia Securities | $34 | | Hold | Thursday, May 15, 2008 | | Lehman Brothers | $37 | | Equalweight | Monday, April 14, 2008 | | UBS Securities | $41 | | Add | Monday, April 14, 2008 | | Oppenheimer & Co. Inc. | $34 | | Perform | Monday, April 14, 2008 | | Credit Suisse | $41 | | Outperformer | Friday, April 11, 2008 | | RBC Capital Markets | $32 | | Hold | Friday, April 11, 2008 |
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Update 05/11:
http://www.gereports.com/ge-unveils-holographic-disc-breakthr... Contributor Vivek Kemp is GE’s Reporter at Large Scientists at GE’s Global Research Center in upstate New York announced a breakthrough in the pursuit of holographic data storage today. They have successfully demonstrated technology that can put 500 gigabytes onto a single DVD-sized disc. GE unveils holographic disc breakthrough Contributor Vivek Kemp is GE’s Reporter at Large Scientists at GE’s Global Research Center in upstate New York announced a breakthrough in the pursuit of holographic data storage today. They have successfully demonstrated technology that can put 500 gigabytes onto a single DVD-sized disc. “This is significant,” said Brian Lawrence, who manages GE’s holographic project. “Just imagine being able to put all this Information on a disc.” The process works by imprinting chemical changes in the form of patterns –- holograms –- within the disc. Those holograms are then read by lasers, similar to the ones in Blu-ray players. In fact, at 500GB, these holographic discs could offer 20 times the capacity of a single-layer Blu-ray disc. And while the technology is still a few years from market, Lawrence says the realization of this capacity opens the door to a slew of possibilities. “Think about all the information we encounter everyday. As our digital needs grow, so will our need for digital storage,” Lawrence said. “This breakthrough puts us significantly closer to meeting that need.” * Read “G.E.’s Breakthrough Can Put 100 DVDs on a Disc” in The New York Times * Read Brian’s blog about the breakthrough at grcblog.com * Read GE’s earlier blog posts about holographic technology * Read engadget.com’s coverage * Read GE’s announcement Tagged as: Global Research April 27, 2009 at 10:31 am
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Update 06/23:
Update 06/29:
http://suprastock.blogspot.com/2010/06/most-active-us-stocks-... http://suprastock.blogspot.com/ General Electric Company (NYSE:GE) lost 3.60% to $14.46 on 66.91 million shares. General Electric Company is a diversified technology, media and financial services company. The Company’s products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products.
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Update 07/09:
Update 07/11:
Arguments Against A Double-Dip Recession: 15 Economic Safety Nets (GOOG, NBG, IRE, TLT, SPY, DIA, BP, XOM, CVX, GLD, CAT, POT, TLSA, BRK-A, GE)
Update 07/11:
his Week’s Can’t Miss Earnings (AA, CSX, INTC, YUM, JPM, GOOG, AMD, BAC, C, GE, BRK-A)
http://suprastock.blogspot.com/2010/07/this-weeks-cant-miss-e... http://suprastock.blogspot.com/ General Electric Co. (NYSE: GE) will make five of the 30 DJIA stocks reporting this week after its results are out on Friday morning. The conglomerate is still viewed by many as troubled and in a state of change, and perhaps the big focus will be on whether GE’s financial operations were able to run at a profit. Jeff Immelt “may” shed a bit more light on the return to a more normal dividend, but per his interview he gave me on an exclusive basis it still may be later in the year. Thomson Reuters has estimates of $0.27 EPS and $38.7 billion in revenues. For the next quarter, estimates are $0.27 EPS and $38.7 billion in revenues; for the fiscal year its estimates are $1.09 EPS and $155.47 billion in revenues. Shares are trading at $14.95 versus $19.70 at the end of April before the market slide came but the stock is up from $13.88 just one-week ago.
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Update 08/02:
GE:
This call was made
on 06/29/08
@ $26.35
| Rating: |
$26.35 (06/29/08)
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| Gain/Loss: |
-27.21%
in
1428 days
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| Target: |
$36.00
(+36.62%)
in > one year
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| Allocation: |
0.5% of portfolio
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