GE's Transformation Seen Paying Off in 05
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After three years of playing down expectations, General Electric Chief Executive Jeff Immelt has delivered on the most important promise of his tenure by telling analysts and investors exactly what they wanted to hear: GE is back.
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General Electric Co. raised its quarterly dividend by 10 per cent and launched a plan to buy back up to $15 billion US in shares over three years, as it projected double-digit percentage earnings growth for 2005.
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The road to greater return and less risk.
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How this once-tiny company hinted it was ready for a turnaround.
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Like-for-like rise of around 5% on previous year.
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Diversified manufacturer General Electric Co.  said on Tuesday that it is on track to meet its full-year earnings forecast and to achieve double-digit gains in earnings per share in 2005.
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Things look bright for the retailer this year.
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(Corrects to make clear GEâs operating profit matched analystsâ forecasts in second paragraph)
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General Electric Co.  reported a 9.6 percent rise in quarterly earnings Friday, in line with Wall Street expectations, on strong demand for jet engines, gas turbines and other heavy equipment, sending its shares to a five-year high.
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The retailer grows up in the quarter but may disappoint in the next period.
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It's easy to learn what GE was trading for 47 months ago.
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General Motors Corp. said on Thursday it expects to significantly improve operating results, including earnings and cash flow, over the next two-to-three years.
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First-quarter results were no surprise, but the company's contemplating the future.
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Quarterly profits were up 55%. It's a possible takeover target. Is it a good option for investors?
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How the global satellite launch market is shaping up after a rocky few years.
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Big G buys its way into becoming a smooth operator.
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Diversified manufacturer General Electric Co. (GE) said on Friday it boosted its quarterly dividend by 10 percent and earmarked up to $15 billion for share repurchases over the next three years.