General Electric Company (GE) BY: Jaydeep Goyani
Start of GE: In 1890, Thomas Edison founded the Edison General Electric Company. During the same time Thomson- Houston Company, led by Charles A. Coffin, emerged as a competitor.
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Working GE has 36,000 technicians working in R&D across the world: New York, USA Rio De Janeiro, Brazil Munich, Germany Bangalore, India Shanghai, China
Product Appliances Aviation Consumer electronics Electrical distribution Electric motors Energy Entertainment Finance Gas Healthcare Lighting Locomotives Oil Software Water Weapons Wind turbines
Stock 52 week: High: $23.75 Low: $18.02
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Facts 1896, GE was one of 12 companies listed on Dow Jones Industrial Average, but now it’s the only original company listed on the index. GE sold its 49% stake in NBC Universal for $16.7 billion to Comcast. With this money GE will buy back $10 billion worth of stock.