FAIRFIELD, Conn.--(BUSINESS WIRE)--Oct. 14, 2005--GE Third Quarter 2005 Highlights
-- Revenues up 9% to $41.9 billion, with 8% organic revenue growth
-- Earnings of $4.7 billion up 15%
-- Earnings per share (EPS) of $.44 up 16%
-- All six GE businesses deliver double-digit earnings growth
-- Cash flow from operating activities (CFOA) up 51% to $14.7 billion, industrial CFOA up 20%
-- Full-year EPS target now $1.81-$1.83, up 12-14%
-- Stock buyback increased to more than $4 billion for 2005
PHILADELPHIA--(BUSINESS WIRE)--Oct. 12, 2005--GE Water & Process Technologies, a unit of General Electric Company (NYSE:GE), has joined Greater Philadelphia Cares to help improve literacy in local elementary schools through a $100,000 grant from the GE Foundation to Greater Philadelphia Cares' Reading STARS program.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Oct. 6, 2005--During the company's Commercial Finance investor webcast, GE (NYSE:GE) Senior Vice President and Chief Financial Officer Keith Sherin highlighted a healthy global economic outlook for the company and updated third quarter and full year 2005 earnings per share (EPS) guidance.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Sept. 14, 2005--General Electric Company Chairman and CEO Jeffrey R. Immelt today said that GE's earnings forecast for third quarter and full year 2005 remain on track:
"Hurricane Katrina has caused significant personal and public loss. We are committed to helping the people of the Gulf Coast rebuild their communities and their lives. To date, the GE Family has committed over $21 million in direct contributions and resources - and we have dedicated teams working with government and relief agencies to assist those in need."
FAIRFIELD, Conn.--(BUSINESS WIRE)--Sept. 30, 2005--Last night, GE's "Ecomagination" advertising campaign took home the Grand Prize at American Business Media's 10th Annual Creative Excellence in Business Advertising (CEBA) awards. This marked the third honor GE received during Advertising Week 2005, the largest gathering of advertising and media decision-makers in North America.
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Sept. 26, 2005--GE Healthcare (NYSE:GE):
-- GE to Provide Portable Ultrasound Systems to Medical Clinics at the U.S. Olympic Training Centers
-- Massachusetts General Hospital to Use GE Ultrasound Technology to Study Speedskaters' Hearts
-- Henry Ford Health System to Use GE Ultrasound Technology to Study Benefits of Imaging U.S. Women's Ice Hockey Players; Researchers to Explore New Injury Assessment Methods
FAIRFIELD, Conn.--(BUSINESS WIRE)--Sept. 26, 2005--The GE Foundation today dramatically expanded its successful 'College Bound' program, announcing a five-year, $100 million investment to help increase the number of students in targeted U.S. school districts who go on to college. The announcement was made in Louisville, Kentucky, where GE Foundation President Bob Corcoran presented Jefferson County Public Schools (JCPS) with a $25 million grant - the largest non-governmental grant ever received by the district.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Sept. 26, 2005--The GE Foundation today presented the Jefferson County Pubic Schools (JCPS) with a $25 million grant - the largest non-governmental grant ever received by the district - aimed at improving math and science achievement and increasing the number of students who ultimately attend college. The grant is part of the GE Foundation's new national five-year, $100 million expansion of its successful 'College Bound' program. Louisville is one of four pilot sites for the program across the U.S.
