SOUTHFIELD, Mich.--(BUSINESS WIRE)--Oct. 3, 2005--Sharp and painful increases in the cost of gasoline are prompting consumers and legislators to demand improvements in vehicle fuel efficiency, as evidenced by proposed new federal fuel economy standards for SUVs, pickups, and minivans. GE Plastics is already helping automakers improve fuel efficiency with innovative, high-performance materials that can reduce vehicle weight by replacing traditional metal, glass, and wiring systems. By extension, the consumer may benefit.
DAYTON, Ohio--(BUSINESS WIRE)--Oct. 3, 2005--GE Consumer Finance, the consumer lending unit of General Electric Company (NYSE: GE) and one of the world's leading consumer lenders, has signed a multi-year contract with cargo trailer manufacturer Wells Cargo to provide a new customer financing program.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Sept. 14, 2005--General Electric Company Chairman and CEO Jeffrey R. Immelt today said that GE's earnings forecast for third quarter and full year 2005 remain on track:
"Hurricane Katrina has caused significant personal and public loss. We are committed to helping the people of the Gulf Coast rebuild their communities and their lives. To date, the GE Family has committed over $21 million in direct contributions and resources - and we have dedicated teams working with government and relief agencies to assist those in need."
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WAUKESHA, Wis.--(BUSINESS WIRE)--Oct. 21, 2005--GE Healthcare, a unit of General Electric Company (NYSE:GE), is urging all women over 40 and any "at-risk" patients to observe National Mammography Day by scheduling a mammogram.
National Mammography Day, established in 1993 by President Bill Clinton, occurs annually on the third Friday of October.
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STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 3, 2005--GE Consumer Finance (GECF), the global consumer lending unit of the General Electric Company (NYSE: GE), announced today it has reached an agreement to acquire a majority interest in Keppel Bank Philippines (KBP) for US$25.8 million. The transaction, which was made through GECF's affiliate, GE Capital International Financing Corporation, is subject to regulatory approvals. Upon closing, GECF will assume operational control of the bank.
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STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 3, 2005--GE Consumer Finance (GECF), the global consumer lending unit of the General Electric Company (NYSE: GE - News), announced today it has reached an agreement to acquire a majority interest in Keppel Bank Philippines (KBP) for US$25.8 million. The transaction, which was made through GECF's affiliate, GE Capital International Financing Corporation, is subject to regulatory approvals. Upon closing, GECF will assume operational control of the bank.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Sept. 30, 2005--Last night, GE's "Ecomagination" advertising campaign took home the Grand Prize at American Business Media's 10th Annual Creative Excellence in Business Advertising (CEBA) awards. This marked the third honor GE received during Advertising Week 2005, the largest gathering of advertising and media decision-makers in North America.
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September 30, 2005 -- EVENDALE, Ohio - Continental Airlines (NYSE: CAL) has selected General Electric Company's GEnx jet engine to power its fleet of 10 new Boeing 787 aircraft.
The engine order is valued at more than $250 million and represents General Electric Company's first GEnx order with a U.S.-based airline. Aircraft deliveries are scheduled to begin in 2009.