STAMFORD, Conn.--(BUSINESS WIRE)--Feb. 17, 2003--GE Consumer
Finance, a top issuer of private label credit cards in North America, and Meijer Stores, one of the fastest-growing privately owned companies in the United States, announced today the launch of the company's first-ever private label credit card program.
The new Meijer card is being launched in Detroit and will soon be available in all of its 156 retail supercenters throughout the Midwest.
Dubai, February 17, 2003 ---- GE Aircraft Engines will supply Pakistan's national carrier, Pakistan International Airlines (PIA), with GE90 engines to power the airline's new fleet of eight long-range Boeing 777 aircraft. In the deal, valued at US$400 million, GE has agreed to begin delivery of the world's most powerful engine to PIA in 2004.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 14, 2003--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.19 per outstanding share of the Company's common stock.
The dividend is payable April 25, 2003 to shareowners of record at the close of business on February 28, 2003. The ex-dividend date is February 26, 2003.
ATLANTA, GEORGIA (February 12, 2003) --- GE Power Systems today took the next step in its planned acquisition of Jenbacher AG, launching a public tender offer for the Austrian-based supplier of reciprocating engines for power generation.
In a joint press conference Rick Stewart, President and Chief Executive Officer of GE Aero Energy Products, and Herbert Liaunig, representing the major shareholders of Jenbacher AG, presented the offer.
ATLANTA, GEORGIA (February 12, 2003) --- GE Power Systems today took the next step in its planned acquisition of Jenbacher AG, launching a public tender offer for the Austrian-based supplier of reciprocating engines for power generation.
In a joint press conference Rick Stewart, President and Chief Executive Officer of GE Aero Energy Products, and Herbert Liaunig, representing the major shareholders of Jenbacher AG, presented the offer.
SÃO PAULO, BRAZIL (February 10, 2003) --- GE Hydro is supplying three hydro turbines, generators and additional equipment to Campos Novos Energia S.A. for a new, 880-megawatt power plant in Campos Novos, Santa Catarina, Brazil.
Under the US$47.8 million contract, the equipment will be installed at the new Usina Hidrelétrica Campos Novos facility along the Canoas River. Scheduled to enter service in 2006, the plant will provide power for the wholesale power market in Brazil.
February 10, 2003 -- EVENDALE, Ohio - China Southern Airlines has placed a $35 million order for 23 Performance Improvement Program (PIP) upgrade kits for the GE90 engines powering its Boeing 777 fleet.
China Southern, the largest airline operating in The People's Republic of China, is the fifth airline to order the PIP kit. Air France, Lauda, Kuwait Airways, and Saudi Arabian Airlines have also purchased the kit
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