FAIRFIELD, Conn.--(BUSINESS WIRE)--March 26, 2002--General Electric Company today announced that, as of 5:00 p.m., New York City time, on March 25, 2002, the consent solicitation relating to the 11 1/2% Senior Discount Notes due 2008, Series D of Telemundo Holdings, Inc. ("Telemundo Holdings") had expired.
As of such time, GE had received tenders of notes and related consents from 100% of the holders of the $293,891,000 outstanding Notes pursuant to the tender offer and consent solicitation commenced on March 11, 2002.
FAIRFIELD, Conn.--(BUSINESS WIRE)--March 21, 2002--In response to media and investor inquiries, General Electric Senior Vice President and Chief Financial Officer Keith Sherin today set forth the Company's approach to managing GE Capital's long-term bond offerings and debt portfolio.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 18, 2002--The General Electric Company announced today that Jeff Schaper has been named Chief Commercial Officer (CCO) and a member of GE's Corporate Executive Council (CEC).
Schaper has been Vice President, Sales for GE Industrial Systems since 1997. As GE's new CCO, he will be responsible for developing the talent and tools necessary to support GE customers. He will provide leadership for boundaryless sales, customer programs, the Commercial Leadership Program and initiatives on sales force effectiveness.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 18, 2002--GE continues to target 17-18% growth in ongoing earnings per share (EPS) this year, to $1.65-$1.67, before accounting changes, with upside if there is an economic recovery, GE Senior Vice President and Chief Financial Officer Keith S. Sherin told members of the financial community today during a meeting at the Company's John F. Welch Learning Center in Crotonville, New York.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 8, 2002--GE had a successful year of transition in 2001 and continues to build on the business model that has enabled the Company to outpace S&P 500 earnings growth through every cycle of the past 23 years, Chairman and CEO Jeff Immelt writes in his first annual report letter to share owners, customers and employees.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 15, 2002--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.18 per outstanding share of the Company's common stock. The dividend is payable April 25, 2002 to shareowners of record at the close of business on March 1, 2002. The ex-dividend date is February 27, 2002.