General Electric Analysis

General Electric is a diversified technology and services company dedicated to creating products that make life better -- from aircraft engines and power generation to financial services, medical imaging, television programming and plastics. GE was formed in 1892 from a merger of two electric companies. Today, GE operates in more than 100 countries and employs more than 300,000 people worldwide. Since 2000 Jeffrey F. Immelt has been Chairman of the Board and CEO of General Electric Company. The home office is in Fairfield, Connecticut. Also, the ending date of the last fiscal year was Dec. 31st, 2001. All of this information can be found at the company’s website: http://ge.com.

Letter to the Stockholders
Despite a hard year due to September 11th, GE has grown. Earnings have set a new record with 11% growth to almost $14 billion; along with an 11% increase in earnings per share. GE has increased dividends by 13% in December, despite being called a “growth company.” They hav...