FAIRFIELD, Conn.--(BUSINESS WIRE)--July 15, 2003--GE has named Beth Comstock its chief marketing officer and corporate vice president of marketing, overseeing a new corporate commercial leadership team to drive marketing and sales leadership across the company. This is a new position reporting to Jeffrey Immelt, GE Chairman and CEO. Comstock, 42, has been serving as corporate vice president of communications, and will continue to oversee integrated communications.
FAIRFIELD, Conn.--(BUSINESS WIRE)--July 11, 2003--GE's second quarter 2003 earnings were $3.8 billion, or $.38 per share, compared with $4.4 billion, or $.44 per share, in second quarter 2002, the Company announced today.
"We delivered another quarter of broad-based performance in a tough economy, with eight of our 13 businesses achieving double-digit earnings growth while we managed through the downturn in Power Systems' sales of large gas turbines," said GE Chairman and CEO Jeff Immelt. "At the same time, we made further progress on building the foundation of our future growth.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--July 9, 2003--GE will Webcast its conference call on second quarter 2003 financial results on Friday, July 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. Friday morning. Call details are available at www.ge.com/investor. The call and related materials will be available at the same Website Friday morning.
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NISKAYUNA, N.Y.--(BUSINESS WIRE)--July 8, 2003--GE Global Research, the centralized research organization of General Electric (NYSE: GE) announced a major breakthrough in a new lighting technology that has the potential to be more energy efficient and revolutionize lighting design, while producing the same high quality white light as traditional light sources.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--June 25, 2003--Members of two unions representing 16,500 General Electric Company employees have approved new four-year national labor contracts with GE. Union officials informed GE that voting by members of the International Union of Electronic Workers-Communications Workers of America (IUE-CWA) and the United Electrical, Radio and Machine Workers of America (UE) was completed Tuesday.
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SANTA FE, N.M. & JACKSONVILLE, Fla.--(BUSINESS WIRE)--June 19, 2003--Security Capital Group Incorporated, an indirect wholly-owned subsidiary of General Electric Capital Corporation (NYSE: GE), and Regency Centers Corp. (NYSE: REG) announced today that Security Capital entered into agreements to sell up to 34.3 million shares of Regency common stock.
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NEW YORK--(BUSINESS WIRE)--June 18, 2003--The General Electric Company and union leaders today announced details of proposed four-year labor agreements that will be voted on by union members by June 24.
The Conference Boards of the International Union of Electronic Workers-Communications Workers of America (IUE-CWA) and the United Electrical Workers of America (UE) this week endorsed the labor agreements and have recommended them for ratification by members.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--June 18, 2003--GE will Webcast its previously announced meeting with analysts on Friday, June 20. The presentations, which will focus on GE's water and security businesses and provide a brief GE update, will be available at www.ge.com/investor starting at 8 a.m.