SALEM, Va.--(BUSINESS WIRE)--April 22, 2003--GE (NYSE: GE) announced today that it signed a letter of intent with Toshiba Corporation for Toshiba to increase its majority interest in the Toshiba-GE joint venture.
The transaction is expected to close in the next two to four months. GE will keep a minority ownership in the US operating company of the JV and will continue to provide sales and service for the JV, in addition to maintaining customer relationships.
GE Transportation Systems Launches New Fuel Saving Technology for Locomotives; Auto Engine Start Stop System for Non-GE Locomotives Saves Fuel, Lowers Emissions & Noise ERIE, Pa.--(BUSINESS WIRE)--April 21, 2003--Dave Tucker, general manager of GE Transportation Systems' global service operations nnounced today that the company had introduced Auto Engine Start Stop, a new locomotive technology that would lower the amount of fuel used by non-GE locomotives, as well as significantly reducing engine noise, smoke and other emissions.
--(BUSINESS WIRE)--GE Chairman & CEO Jeff Immelt, Astronaut Buzz Aldrin, Charlotte Panthers Stars Rodney Peete and Mushin Muhammad, and 500 Charlotte-Mecklenburg Elementary School Children Gather to Commemorate the 50th Anniversary of GE's LEXAN(R) Resin
What: What do CDs and DVDs, Buzz Aldrin's space visor, cell phones, the canopy of an F15, NFL football helmets, refrigerator crisper drawers and computer housings all have in common?
GE Gains Us$94 Million Contract to Supply Equipment for Oman LNG Plant Expansion FLORENCE, Italy--(BUSINESS WIRE)--April 16, 2003--GE Oil & Gas has received a contract of more than US$94 million to supply two gas turbine-driven compression units and two additional gas turbines for power generation, to be used for the expansion of a liquefied natural gas (LNG) plant in Oman.
GE Comments on Suit by Former Panametrics Principals
April 15, 2003--A law firm representing two former majority owners of Panametrics, a company that GE Power Systems acquired in 2002, issued a news release yesterday announcing that the shareowners were filing suit against GE alleging that GE used tactics to improperly reduce the agreed-upon purchase price that GE paid for Panametrics. GE Power Systems responded to media inquiries saying, the allegations in the complaint are meritless, and made the following points:
Прибыль компании на акцию составила 0,32 долл., при этом относительный рост прибыли в восьми из тринадцати отделений GE выражается двузначными числами.
Фэйрфилд (США), 11 апреля 2003 г. -- General Electric объявила о том, что в первом квартале 2003 г. прибыль компании (до внесения необходимых изменений в финансовую отчетность) составила 3,2 млрд. долл. а прибыль на акцию составила 0,32 долл. В первом квартале 2002 г. эти показатели равнялись соответственно 3,5 млрд. долл. и 0,35 долл.
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PITTSFIELD, Mass.--(BUSINESS WIRE)--April 10, 2003-- One of a Kind Polymer Processing Development Center Boasts New State of the Art Capabilities in 15th Year of Operation Leadership in the science of polymers--beginning with the 1953 discovery of LEXAN(R) resin by scientist Dr. Daniel W. Fox--has long been a hallmark of GE Plastics, a division of General Electric Company (NYSE: GE) headquartered here.
FAIRFIELD, Conn.--(BUSINESS WIRE)--April 9, 2003--GE will Webcast its conference call on first quarter 2003 financial results on Friday, April 11 at 8:30 a.m. EDT.
The conference call will follow the Company's news release on results, which will be available at approximately 6:30 a.m. that morning. Call details are available at www.ge.com/investor. The call and related materials will be available at the same Website Friday morning.
