Standard & Poor's Changes Rating Criteria, Rates ERC AA+; New Criteria for All Financial Services Groups OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 29, 2002--Standard & Poor's today issued AA+ counterparty credit and financial strength ratings on Employers Reinsurance Corporation (ERC) and its wholly owned subsidiaries. Standard & Poor's said the outlook is stable.
Non-Profit Agencies to Receive $80,000 as 'Community
Caravan' Spreads Goodwill in Kansas City
OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 13, 2002--
Money & gifts will support youth & education programs
They teach inner city kids how to be good citizens. They keep
families from having to live on the streets. They provide counseling
and shelter to troubled teens. Every day Kansas City non-profit
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STAMFORD, Conn. & CHICAGO--(BUSINESS WIRE)--April 29, 2002--GE Capital, through its Commercial Real Estate business, and Security Capital Group Incorporated (NYSE: SCZ) announced today that GE Capital has elected to include common shares of ProLogis Trust (NYSE: PLD) in the consideration to be received by Security Capital stockholders in GE Capital's pending acquisition of Security Capital.
GE Capital has the sole discretion to revoke its election on or prior to May 4, 2002.
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DANBURY, Conn.--(BUSINESS WIRE)--April 25, 2002--GE Capital Commercial Equipment Financing today announced the closing of its acquisition of Comdisco's Electronics and Laboratory & Scientific leasing businesses.
The initial agreement was signed on January 23, the deal was granted approval by the U.S. Bankruptcy Court for the Northern District of Illinois on January 24, and officially closed today.
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--(BUSINESS WIRE)--
WHO: Employees of GE Employers Reinsurance Corporation (GE ERC)and their children; 5th grade students from Eugene Ware Elementary School in Kansas City, Kan.; and local Girl Scouts.
WHAT: GE ERC Take our Children to Work Day, being held in conjunction with National Take Our Daughters to Work Day.
WHEN: Thursday, April 25, from 9:30 a.m. to 11:30 a.m.
WHERE: GE ERC world headquarters, 5200 Metcalf, Overland Park
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STAMFORD, Conn.--(BUSINESS WIRE)--April 19, 2002-- ePcard XML Speeds Payment, Streamlines Reconciliation
GE Capital Financial Inc. and elcom, inc. have successfully integrated GE Capital's ePcard XML payment tool in elcom's PECOS(TM) e-procurement system. ePcard XML uses patented technology to automate the control, settlement, and reconciliation of online purchasing.
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HOMESTEAD, Fla.--(BUSINESS WIRE)--April 19, 2002--With hurricane season coming, South Floridians are taking special precautions.
Local GE employees recently performed a safety retrofit at the Homestead Family YMCA in Homestead. They installed safety and security film on the center's windows to reduce the dangers of flying glass and secured heavy objects that could fall in a disaster, causing injury. Studies show flying glass can travel up to 300 feet per second as a result of an explosion or high winds.
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GE Brings More Intelligent Risk Management to
Market; MyAnalysis Facilitates Effective, Speedy Risk Management
Decision-Making
NEW YORK--(BUSINESS WIRE)--April 14, 2002--GE Global Asset
Protection Services is making enterprise-wide risk management
possible, allowing risk managers to make strategic business decisions
with greater effectiveness and speed.
GE Global Asset Protection Services is introducing substantial
enhancements to MyAnalysis at the Risk Insurance Management Society
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STAMFORD, Conn.--(BUSINESS WIRE)--April 9, 2002--GE Card Services,a top issuer of private label credit cards in North America, and Linens 'n Things, Inc. (NYSE:LIN), a leading national retailer of home furnishings, housewares and home accessories, have launched Linens 'n Things' first-ever private label credit card program. The credit card is available to Linens 'n Things customers at all stores in the United States.