The Communications Team at GE recently introduced this Web site, www.gereports.com, for two reasons. First, we wanted a simple, no-frills way of communicating the facts about our company. Second, we wanted to offer supplemental information about GE. Our goal is to be a resource for the media, analysts, customers, investors and employees, who are interested in what’s happening at GE, especially given all the activity around the financial services industry these days.
GE Reports and our companion YouTube channel, www.youtube.com/gereports, offer event photos and videos, viewpoints on important issues, and corrections and clarifications to the public record regarding our company.
Media and financial analysts can still count on www.ge.com to get all of GE’s press releases (www.ge.com/news) and all of our investor presentations (www.ge.com/investors).
Starting today, GE Reports is asking for your questions. Do you have a question about GE? Ask us. We’ll do our best to answer them right here on this site.
Read more about GE Reports:
* GE embraces blogs, some see disclosure worry
* GE launches blog to communicate directly with stakeholders
* GE sees the light, launches blog and YouTube channel
* Company Blog First Look: GE
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Hi:This is a nice idea. However I wish the company would be more honest with us. The stock has plunged more then the market as a whole and nobody seems to have the answers.
Hi Curt,
Thank you! I hope you find those answers on this website and if there is something missing please do not hesitate to submit your question!
Best,
Megan
GE
Thanks Megan. I am shell shocked and just can’t understand what is happening. GE says one thing and yet the market is telling us something completely different. I don’t know what to believe andymore. Is this company going to fail. The price sures seems to look at this way. The volume on the way down is just amazing. There seems to be know hope anymore.
Dear GE Team
Would be nice if each post would give me the author’s name and, most importantly, if you would provide an archive to the right … including a choice of getting an e-mail subscription.
In the meantime we have included you in the FT ComMetrics Global 500 Blox Index http://FTindex.ComMetrics.com
This means we are tracking your footprint, resonance and more. I am very curious to see how your blog measures up against the competition
We hope to see you benchmark yourself at http://My.ComMetrics.com
Keep up the nice work and I hope I can subscribe soon using my e-mail to your feed.
thats funny I have posted ?s they are not published or answered
How did GE get in this mess?
What is GE’s exposures to CDS’s?
What is GE’s exposure subprime mortgages?
What is GE’s exposure to mortgage backed securities?
Is the $139B loan guarantee given to GE enough to avoid a default?
Is the FDIC guarantee just for GE Interest Deposits?
Immelt seems to have lost his credibility with the media, is he considering to leave?
Thanks.
Al
GE has not been honest with investors and the stock dilution that occurred as a result of the $15 billion deal with Buffett and the additional shares that GE flooded the market – how is it possible for GE to be trading at $17 – what was presented at the annual meeting – how much money did GE need to retain a AAA rating – please resond.
I bought 100 shares today too cheap to pass up. GE had swings like this in the 70s it was down around 48% as well or more and in 87
If GE goes under the only investment you might as will get into is canned beans, cup for soup while you wait in line and a blanket for the bench.
More jokes about GE on 30 rock please as well.
My last posting referred to GE stock trading at $17 – discovered that GE stock now trading at $13 – how is this possible -
Not sure but I bought 100 at 12.7 What happens is people are liquidating 401Ks and other funds and typically GE makes up 2-3% of the holdings in your typical portfolio. Another issue is hedge funds and investors who receive margin calls and are forced to liquidate holdings, which means a sell imbalance on the open market forcing prices down.
For new investors this is an opportunity of a life time.
I bough 2200 share. at 12.61
At these prices and with those juicy dividends you have plenty of margin of safety.
I want to retire and live off dividend checks and watch talk shows or go fishing.
Vertical Integration may be the solution – buy GM/Ford at bargain basement prices, keep the auto book (floorplans etc)and continue financing motor vehicles, with oil prices this low it wont be long before people get back on the road again. Time to buy not sell.
This message is an answer to Patrick: Let’s face it; Immelt has NOT communicated the truth about GE to the INVESTORS and EMPLOYEES! This is why GE stock closed at $13…what a bargain. Of course, only if we have any TRUST left in “GE”. It’s a Shame on YOU and US Jeff. We have never seen in the Corporate World what we see at GE. We couldn’t figure out how GE made the numbers each quarter year after year. A few days ago, GE announced the re-org of Capital…this communication should have been communicated to the employees back in July not one week before the “Thanksgiving Holiday”. Are you telling the media the truth about the number of lay offs that will take shortly at Capital? How many employees will loose jobs? What happen to Integrity?
INVESTORS…it’s time to take a serious look around you and determine if GE SURVIVE or sink? Immelt when GE stock reaches $2.00 we are more than happy to buy a few extra shares from you in order to swing this financial disaster. Good luck GE!
is ge still spinnig off consumer and industrial unit?
Integration is not necessarily the
solution. On the contrary, why nobody
ever talks about the exposure in aviation?
e.g. aircraft leasing! especially in to-day’s
economic crisis this will possibly be an additional millstone around the Company’s
neck.
Why was the show "My own worst enemy" cancled? My wife and I loved this program.
Thanks
Mike from Stamford
Your blog is a great step — keep it honest and it will serve you well.
While I know it is heretical, I think you all are focused on the wrong thing. We are witnessing an economic C-change. Stock price is the wrong metric — it’s too volatile and subject to the "panicked herd" effect. I’d even go so far as to say stock price no longer indicates a given company’s strength/weakness. What now is critical is focus on a strong, effectively communicated, business plan.
For example, a move to reduce GE Capital’s contribution to the balance sheet makes sense if it is part of a business plan to strengthen the company. It doesn’t make sense if it’s done merely to attempt to move stock price.
Be gutsy. Be industry leaders. Ignore stock price. Take the company’s talent and use it to strengthen your balance sheet. Search out and seize the opportunities in this changing landscape.
The challenge will be to convince shareholders to look beyond the current stock price to a company that comes out the other side of this economic crisis stronger and more profitable.
Why doesn’t any officer buy GE???? It is plunging and a little support would be helpful….Something is lurking…..
GE,
I’ve been supporting you guys hard and heavy with facts to back up my stance. However, I’m sure I’m not alone when I say it’s ridiculous that people are able to toil with GE stock and drive it to sub-$10. I’m hanging on to what I have, and I’m buying more, but there has to be a point where Mr. Immelt and the board deal with the shareholder equity bombardment head-on. Any plans you have in mind in this regard, that you can express to the loyal shareholders, would be appreciated.
Yes, the "market" is driving some of the price movement but there are measure that you can take to help preserve shareholder equity and you can’t deny that.
thank you for setting up this page so retiries can stay in touch at this difficult time.
When is the prestigious CEO Mr. Imelt intends to stop doing buisiness with the terrorist from Iran.
Walter
Hi Walter,
GE has no business in or with Iran. GE and its board decided in 2005 to stop doing business in Iran.
There have been two exceptions to this: completing the work for existing contracts as quickly as possible and humanitarian activity, which is authorized by U.S. Government licenses. As of June 2008, GE completed all business in Iran. GE at all times acted in full compliance with U.S. and other laws.
You can read more at: http://www.ge.com/news/our_viewpoints/iran.html
we had a power surge and now my dishwasher wont work. why doesn’t it work?
I have had to purchase a 4 prong plug for my three prong dryer.. How do I connect it to the dryer?
Como comprar eixo, engrenagem da oscilação e borracha da hélice, do ventilador de mesa 30cm.
agradece zuelandio
Hi GE,
I’m doing a research paper and I have a few questions.
1. What makes GE Energy Star appliances stand out from other brands/companies?
2. Whats the special “thing” in ovens or refrigerators that causes it to use less energy?
3. Why don’t some appliances that have an Energy Star label apply for a tax rebate?
4. Whats the future of GE Energy Star appliances? Will any new appliances be added to the list?
Thanks
i have a question. i want to have a washer drier installed to my bathroom can i just vent the drier out the bathroom window or does it have to be vented out a wall?
Not a referendum for Emmelt when the only time the stock increased in value was when it was thought Emmelt was leaving the company to support the Obama American destruction agenda.