FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 21, 2003--General Electric Company announced this morning that it will execute a USD 5 Billion Global financing.
This is in line with Keith Sherin's comments during the January 17, 2003 Fourth Quarter and Total Year 2002 Performance presentation. GE is executing this transaction in order to term out Commercial Paper raised at year-end 2002 for its equity infusion into General Electric Capital Corporation and ERC. This is the only term debt transaction which GE has planned for 2003.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 21, 2003--The average consumer probably wouldn't recognize the products made by GE Plastics and GE Specialty Materials, but these items are an integral part of almost everything we encounter in our everyday lives - from cosmetics and coffee pots to CDs, cell phones and automobiles.
This edition of GE's Innovation Update highlights some of the latest innovations in the area of plastics and specialty materials.
GE Makes U.S. Patent "Top 10" List
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 15, 2003--GE will Webcast its conference call on fourth-quarter and 2002 financial results on Friday, January 17 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 a.m. that morning. The call and related materials will be available at www.ge.com/investor.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 13, 2003--General Electric Company today issued the following statement regarding the two-day strike (Tuesday, January 14 and Wednesday, January 15) planned by the International Union of Electronic Workers/Communications Workers of America (IUE/CWA) and the United Electrical, Radio and Machine Workers of America (UE) concerning changes in employee health-care costs:
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 7, 2003--From the first X-ray machine developed in 1896 to the latest 4D Ultrasound technology developed in 2002, GE has dedicated over a century of research and resources to developing new and improved healthcare technologies that allow physicians to provide better care for their patients. In this edition of GE Global Research's Innovation Update, we highlight some of the company's most recent "Healthcare Innovations."
Nation's First All-Digital Heart Hospital Uses Information Technology To Battle Heart Disease
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 7, 2003--GE said today it had received strike notification from The International Union of Electronic Workers / Communications Workers of America (IUE/CWA) over changes in an employee health care plan that GE announced last summer.
The changes were made in accordance with the terms of GE's collective bargaining agreement with the IUE/CWA.
The IUE/CWA represents about 13,900 employees, or about 5% of GE's total workforce. GE will meet customer needs during the strike, which the union says will last two days.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 23, 2002--General Electric has announced the appointment of seven new company officers.
Anne Abaya, 50, is Senior Vice President, Human Resources for GE Consumer Finance. Abaya joined GE in 1980, graduating from GE's Human Resources Development Program. She has spent her 22-year tenure in various HR management roles at GE Corporate, GE Power Systems, GE Global Research, GE Capital, GE Lighting and GE Aerospace. She holds a BA in Sociology from University of Hawaii and an MA in Human Resources Management from Pepperdine University.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 23, 2002--GE today named Kathryn A. Cassidy GE vice president and treasurer and promoted Mark J. Krakowiak to vice president - corporate risk and financing.
The changes take effect January 1, 2003, following the retirement of James R. Bunt, 61, who will leave GE at the end of 2002 after 34 years with the Company, the last nine as vice president and treasurer.