Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
8 Cards in this Set
- Front
- Back
|
What is GE's most successful division?
|
GE Energy
|
|
|
How did GE Energy perform in the 4Q in terms sales & profits?
|
Sales up 21% to $11.4 billion and profit up 11% to $2 billion.
|
|
|
How did GE Energy perform in 2008 in terms of sales and profits? Give percentages.
|
For the year, energy sales were up 26% to $38.5 billion, and profit rose 26% to $6 billion.
|
|
|
Compare the revenue and profit for GE from 2007 to 2008. What percentage inc/dec, exact #'s.
|
In 2007, energy accounted for 17.7% of GE’s revenue and 16.5% of net profit. In 2008, energy made up 21% of revenues and 22.8% of profits.
This signals that GE Energy is becoming more depended on for profit and to a lesser degree revenue. |
|
|
Who is General Electric's CFO?
|
Keith Sherin
|
|
|
Why would GE be interested in the stimulus package?
|
GE would benefit from iniativies to tackle climate change and support a shift to more clean energy. Which would be part of GE's energy portfolio, their most profitable division.
|
|
|
GE's deal that happened on February 12th?
Give three details. |
A $1 billion contract to supply power-generating equipment to the Saudi Electricity Company. The deal will send more than 30 GE gas turbines to the power-starved Saudi utility to increase electricity capacity by about 20%.
|
|
|
How much money has GE made from the Saudi's from the last three years?
|
That brings GE’s Saudi generation sales to about $2.5 billion in the last three years
|
