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GE to Provide 2009 Update and 2010 Framework - GE (NYSE: GE) today will provide an update on its 2009 financial performance and supply its operating framework for 2010 at the Company's annual outlook meeting in New York
GE to Provide 2009 Update and 2010 Framework

 

PRZOOM - /newswire/ - Fairfield, CT, United States, 2009/12/15 - GE (NYSE: GE) today will provide an update on its 2009 financial performance and supply its operating framework for 2010 at the Company's annual outlook meeting in New York. NYSE: GE

   
 
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GE Chairman and CEO Jeff Immelt will review GE’s operating environment, how the company has renewed itself and expectations for near-term performance. The meeting, which begins at 3pm ET, will be Webcast at ge.com/investor.

Separately, the GE Board of Directors today declared a quarterly dividend of .10 per outstanding share of its common stock. The fourth quarter dividend is payable January 25, 2010, to shareowners of record at the close of business on December 28, 2009. The ex-dividend date is December 23, 2009.

GE (ge.com) is a diversified technology, media and financial services company dedicated to creating products that make life better. From aircraft engines and power generation to financial services, medical imaging, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.

Caution Concerning Forward-Looking Statements
This document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: the severity and duration of current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; the impact of U.S. and foreign government programs to restore liquidity and stimulate national and global economies; the impact of conditions in the financial and credit markets on the availability and cost of GE Capital’s funding and on our ability to reduce GE Capital’s asset levels as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the soundness of other financial institutions with which GE Capital does business; the adequacy of our cash flow and earnings and other conditions which may affect our ability to maintain our quarterly dividend at the current level; the level of demand and financial performance of the major industries we serve, including, without limitation, air and rail transportation, energy generation, network television, real estate and healthcare; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks, including the impact of proposed financial services regulation; strategic actions, including acquisitions and dispositions and our success in integrating acquired businesses; and numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

PRESS Contact:
Anne Eisele, GE
P: +1 203 373 3061
M: +1 203 522 9045
E: anne.eisele[.]ge.com.

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GE to Provide 2009 Update and 2010 Framework

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GE News Center |
Contact: Trevor Schauenberg - GE Corporate 
203-373-2424 trevor.a.schauenberg[.]ge.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

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