GE- General Electric Company

General Electric was founded in 1878 by Thomas Edison, Elihu Thomson and Edwin J. Houston. The company was a merge of the Edison General Electric and Thomas-Houston Company in Schenectady, New York. General Electrics is the largest company in the world employing over 323,000 workers. Jeffrey R. Immelt is the company's current Chairman and CEO, Keith Sherin is the company's current Vice Chairman and CFO and Keith Sherin is the current SVP and CIO of the company.

General Electric is organized into five segments: technology infrastructure, energy infrastructure, NBC Universal, consumer and industrial, and capital services. Financial services accounted for 43% of the firm's profit in 2008. The infrastructure segment is the main growth driver, thanks to its size relative to the overall portfolio (contributing 50% of industrial revenue and 53% of total segment profit), strong growth prospects, and favorable operating leverage.

General Electric is a one of a kind company. It was founded in 1878 by Thomas Edison. GE makes everything from TVs to wind turbines. It is affiliated with NBC universal and has 323,000 employees. In 2005 GE launched an environmental campaign called "Ecomagination" it was created to discover the potential in other energy sources like solar power, and electric cars.




Our group bought GE because everyone needs electricity and this company will be around for a very long time, along with designing some of the industries leading appliances we thought GE, definitely. We bought 800 shares of GE at $18.00. We sold all 800 shares on 4/12/2010 at $18.76 because it was the end of the game.