FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 15, 2005--GE (NYSE: GE) will hold its 2006 Annual Meeting of Shareowners on April 26, 2006, in Philadelphia, Pennsylvania. The meeting will be held at The Pennsylvania Convention Center and will be convened at 10:00 a.m.
GE conducts its annual meeting with shareowners in a different site each year so that a different GE business is highlighted. GE Infrastructure, Water & Process Technologies is headquartered in Trevose, Pennsylvania, near Philadelphia.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 12, 2005--GE (NYSE: GE) will Webcast its annual December meeting with investors scheduled for Tuesday, December 13 at 3:00 p.m. ET. At the meeting, GE Chairman and CEO Jeff Immelt will discuss the company's outlook for the remainder of 2005 and for 2006. The meeting and related materials will be available at www.ge.com/investor.
WILTON, Conn.--(BUSINESS WIRE)--Dec. 1, 2005--GE has joined the Ministry of Agriculture of China in a strategic partnership designed to meet the huge demand on that country's agricultural resources, a vital development in a country where much of the workforce is comprised of farmers and where remote locations require agro-technical support.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 1, 2005--GE (NYSE: GE) today announced the pricing of its secondary public offering of Genworth's Class A Common Stock. GE agreed to sell a total of 38 million shares to Morgan Stanley & Co. Incorporated, the sole underwriter of the offering, at a price of $34.66 per share. GE granted an over-allotment option to permit the underwriter to purchase an additional 2.85 million shares.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Nov. 30, 2005--GE (NYSE: GE) today announced it intends to commence a secondary public offering of 38 million shares of Genworth's Class A Common Stock on December 1, 2005 and to price the offering after the close of trading on that day.
The timing of this offering will allow shares to be sold to meet anticipated investor demand for Genworth shares following Standard & Poor's announcement last night of its intention to add Genworth to its S&P 500 Index as of the close of trading on December 1, 2005.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Nov. 18, 2005--GE (NYSE: GE):
-- Agrees to sell most of Insurance Solutions business to Swiss Re
-- Sees faster earnings growth from continuing operations, 2006 EPS up 12-17%
-- CFOA up 20%, to $24 billion in 2006
-- Increases quarterly dividend 14% to $0.25 per share
-- Increases stock buyback from $15 billion to $25 billion through 2008
KANSAS CITY, Mo.--(BUSINESS WIRE)--Nov. 9, 2005--Commercial property values must be correctly quantified by agents, brokers and customers so that insurers are able to charge adequate premiums for the risks they assume, according to Tom Smith, Vice President, Regional Product Leader, for GE Insurance Solutions.
Smith has authored a white paper called "Getting It Right: Property Insurance Values" in which he highlights the dangers to insurers as well as customers of under-valuing property and business interruption risks.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Nov. 7, 2005--General Electric Company (NYSE: GE) today announced the appointment of Lloyd G. Trotter as a GE executive vice president focusing on operations and James P. Campbell as president and CEO of GE Consumer & Industrial, succeeding Trotter.
