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General Electric
General Electric Net Worth is $147.3 Billion. What is General Electrics net worth? General Electrics net worth is $147.300 billion. Like many major corporations, General Electric Company, also known GE, was formed from the merger of two smaller compa. General Electric Company, or...

General Electric Net Worth is $147.3 Billion.

General Electric Net Worth is $147.3 Billion. What is General Electrics net worth? General Electrics net worth is $147.300 billion. Like many major corporations, General Electric Company, also known GE, was formed from the merger of two smaller compa General Electric Company, or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States. The company operates through four segments: Energy, Technology Infrastructure, Capital Finance and Consumer & Industrial.
In 2011, GE ranked among the Fortune 500 as the 6th largest firm in the U.S. by gross revenue, as well as the 14th most profitable. However, the company is currently listed the 3rd largest in the world among the Forbes Global 2000, further metrics being taken into account. Other rankings for 2011/2012 include No. 7 company for leaders , No. 5 best global brand , No. 63 green company , No. 15 most admired company , and No. 19 most innovative company .
By 1890, Thomas Alva Edison had brought together several of his business interests under one corporation to form Edison General Electric. At about the same time, Thomson-Houston ...
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General Electric Latest News

Warren Buffett sells all $315M worth of shares in General Electric

Former General Electric Co. CEO Jeff Immelt was no darling of Wall Street investors, but he may have been the last thing keeping legendary Omaha investor Warren Buffett interested in the Boston company. A Securities and Exchange Commission filing for ...
Posted: August 15, 2017, 1:50 am

Warren Buffett’s Berkshire Hathaway Exits General Electric, Buys Into Synchrony Financial

Warren Buffett’s Berkshire Hathaway Inc. sold its shares in General Electric Co. and opened a big investment in Synchrony Financial, the largest U.S. store credit-card issuer, in the most recent period. The firm sold its roughly 10.6 million shares in ...
Posted: August 14, 2017, 7:40 pm

General Electric, Transocean Plunge into Wednesday’s 52-Week Low Club

August 16, 2017: Here are four stocks trading with heavy volume among 186 equities making new 52-week lows in Wednesday's session. On the NYSE, decliners led advancers by about 3 to 2 and on the Nasdaq advancers led decliners by about 15 to 13. General ...
Posted: August 16, 2017, 1:25 pm

Buffett's Berkshire sells entire stake in General Electric

Warren Buffett's Berkshire Hathaway sold its stake in General Electric as of the end of June, according to a regulatory filing on Monday. The conglomerate had previously held 10.6 million shares of the company, according to its regulatory disclosure in May.
Posted: August 14, 2017, 1:26 pm

Warren Buffet to General Electric: Auf Wiedersehen!

Buffet's position came about through his $3 billion purchase of perpetual preferred stock made at the height of the financial crisis, which included warrants on GE's stock. Following "a net-share settlement," got back its $3 billion, plus shares worth ...
Posted: August 15, 2017, 1:28 am
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