FLORENCE, ITALY -- April 17, 2006 :- GE's Oil & Gas business will supply 12 fixed bed reactors for a new refinery project to be developed by the Kuwait National Petroleum Company (KNPC) in Al Zour, Kuwait.
When completed in 2010, the new greenfield facility -- designed for Kuwait heavy crude/Kuwait export crude oil processing -- will be the largest refinery in the Middle East, with a capacity to process 615,000 barrels per day of Kuwait export crude oil.
KANSAS CITY, Mo.--(BUSINESS WIRE)--April 17, 2006--Insurance carriers and producers face a myriad of new regulations regarding how they're compensated for their services and how they disclose that compensation. GE Insurance Solutions has developed guidance on current trends in producer disclosure requirements.
FAIRFIELD, Conn.--(BUSINESS WIRE)--April 13, 2006--Financial Highlights (Continuing Operations):
-- Revenues of $37.8 billion, up 10%; organic revenue growth of 9%
-- Earnings of $4.0 billion, up 14%; earnings per share (EPS) of $.39, up 18%
-- Total orders up 33%
-- Five of GE's six businesses deliver double-digit earnings growth
-- Cash from GE's operating activities (CFOA) up 132% to $6.7 billion; Industrial CFOA up 24%
-- Return on average total capital (ROTC) increasing 1.4 percentage points to 17%
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Jeff Immelt, Chairman and CEO - GE; Keith Sherin, CFO - GE; and Dan Janki, VP Investor Communications - GE, hosted a conference call and discussed 1Q '06 financial performance.
Jeff Immelt, Chairman and CEO - GE; Keith Sherin, CFO - GE; and Dan Janki, VP Investor Communications - GE, hosted a conference call and discussed 1Q '06 financial performance.
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CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--April 12, 2006--GE Fanuc Automation, Inc.:
Manufacturing Execution System (MES) Solution Chosen For Its
Modularity, Commercial Availability and Support of Industry Standards
Global Service and Support A Must For Worldwide Manufacturing Company
ST. PAUL, Minn.--(BUSINESS WIRE)--April 12, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a five-year agreement with Craft-Bilt Manufacturing to provide a new consumer credit program that will enable customers to finance sunrooms and awnings. The new Betterliving program includes revolving credit and installment lending options, which will be available beginning April 15, 2006, through 47 Betterliving dealerships nationwide.
