New Delhi, July 6, 2007 --- GE Commercial Finance announced the appointment of Sandeep Agarwal as Vice President & Head - Leveraged & Sponsor Finance. Sandeep will be responsible for covering Private Equity Sponsors, Structuring and closing leveraged and other Structured Finance transactions with Private Equity firms, working closely with the Hong Kong based team and the India/ Asia capital markets teams as well.
*Within sports medicine GE Healthcare's advanced compact ultrasound technology, the LOGIQ e, is rapidly becoming the stethoscope of tomorrow.
*Entering new sporting disciplines and today for the first time in tennis, compact ultrasound technology is used to assess elite international players.
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Focus on social and environmental issues relevant to emerging markets
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*India has three million cancer patients undergoing treatment and an estimated US $1.2 billion expenditure for cancer treatment
*HealthCare Global Enterprises forms strategic oncology partnership with GE Healthcare
*GE's breakthrough Discovery™ STe PET/CT system to aid the early detection and treatment of cancer, heart disease, and neurological disorders
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New Delhi, May 22, 2007 --- GE today announced that it has signed a definitive agreement to sell GE Plastics to Saudi Basic Industries Corporation (SABIC), a globally respected petrochemicals manufacturer, in a deal valued at $11.6 billion in cash plus assumption of liabilities. The closing of the transaction is subject to customary conditions, including the receipt of regulatory approvals, and is targeted for the third quarter of 2007.
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New Delhi, May 21, 2007 --- General Electric Company (GE) today announced the appointment of Tejpreet Singh Chopra (TP Chopra) to the position of President & CEO for GE in India, succeeding Scott R Bayman, who has served with distinction in this role for 14 years. TP Chopra will be responsible for the strategic and overall leadership of all GE businesses in India
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1Q'07 Highlights (Continuing Operations)
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE announced today record first-quarter 2007 earnings from continuing operations of $4.5 billion or $.44 per share, up 8% and 10%, respectively, from first quarter 2006. Revenues from continuing operations were $40.2 billion, up 6%, increasing 8% organically.
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January 19, 2007 06:31 AM Eastern Time
Reports Strong Results -- EPS up 14% in Fourth Quarter, 13% for the Year
Reports Restatement Relating to Commercial Paper; No Cash Flow or Liquidity Impact
2006 Highlights (Continuing Operations and Prior Periods Restated)