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Press Release

El Paso Installs GE Oil & Gas' Solar-Powered ThreatScan Sensors on Houston Pipeline

July 07, 2008

Remote Monitoring Sensors Help Operators Protect Pipelines from Accidental Third-Party Damage

HOUSTON--07 July 2008-- GE Oil & Gas' PII Pipeline Solutions has installed its solar-powered ThreatScan™ sensors along an 11-mile section of a natural gas pipeline operated by El Paso Corp. in southeastern Houston to enable 24-hour "real-time" remote monitoring of the pipeline.


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Press Release

GE Scholarship Programme For Outstanding UK Undergraduates Enters Fifth Year

July 04, 2008

Since 2004, GE has provided leadership development opportunities and financial assistance to more than 70 university students in the UK

LONDON, 4 July 2008 -- Today, at a ceremony in central London, fifteen more UK undergraduates from five universities will become GE Foundation Scholar Leaders, awarded in recognition of their academic excellence and future leadership potential.


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Press Release

GE Scholarship Programme For Outstanding UK Undergraduates Enters Fifth Year

July 04, 2008

Since 2004, GE has provided leadership development opportunities and financial assistance to more than 70 university students in the UK

LONDON, 4 July 2008 -- Today, at a ceremony in central London, fifteen more UK undergraduates from five universities will become GE Foundation Scholar Leaders, awarded in recognition of their academic excellence and future leadership potential.


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Don't just view equity negatively

July 03, 2008
  • A 'typical' homeowner who bought as recently as 2004 has an average "equity cushion" of 48% - prices would need to fall by almost half before value of the loan exceeded property value*
  • Average home bought in 2000 with average deposit of £27K has provided a 58% buffer, based on today's prices
  • The average London property purchased in 1995 would need to depreciate by three quarters (73%) for the owner to encounter negative equity

"As house prices soften many commentators understandably warn of the potential of negative eq


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Don't just view equity negatively ...

July 02, 2008
  • A 'typical' homeowner who bought as recently as 2004 has an average "equity cushion" of 48% - prices would need to fall by almost half before value of the loan exceeded property value*
  • Average home bought in 2000 with average deposit of £27K has provided a 58% buffer, based on today's prices
  • The average London property purchased in 1995 would need to depreciate by three quarters (73%) for the owner to encounter negative equity



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Press Release

Don't just view equity negatively ...

July 02, 2008
  • A 'typical' homeowner who bought as recently as 2004 has an average "equity cushion" of 48% - prices would need to fall by almost half before value of the loan exceeded property value*
  • Average home bought in 2000 with average deposit of £27K has provided a 58% buffer, based on today's prices
  • The average London property purchased in 1995 would need to depreciate by three quarters (73%) for the owner to encounter negative equity



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Vale Selects GE -- Transportation for $60 Million

July 02, 2008

Largest Rail Signaling Project in South America for GE

Rio De Janeiro, Brazil, July 2, 2008 -- GE - Transportation, a unit of the General Electric Company (NYSE: GE), announced today that it has been awarded a $60 million contract from Vale to overhaul its signaling and communication system along approximately 600Km of double line track on the Railroad Vitória to Minas (EFVM) and in the rail yard of the Tubarão Port. The project is expected to be complete by 2010.


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GE Corporate Lending Provides $175 Million Debtor-in-Possession Credit Facility to Goody's Family Clothing, Inc.

July 01, 2008

NORWALK, Conn.--July 1, 2008--GE Commercial Finance Corporate Lending today announced it provided a $175 million debtor-in-possession credit facility to Goody's Family Clothing, Inc., an apparels retailer. The loan will be used for working capital needs as the company restructures under Chapter 11. GE Capital Markets arranged the transaction.


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Competitive advantage for companies offering consumer finance options

July 01, 2008
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GE Medical Imaging Technology to Aid Early Diagnosis of All Competing Olympic Athletes at the Beijing 2008 Olympic Games

July 01, 2008

GE caring for more than 10,500 athletes from over 200 countries at Beijing Games with advanced MRI, ultrasound and ECG technologies


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