Entries from GE Shareholders tagged with 'GE'
For more coverage...
The meeting has wrapped up and people have mostly filed out of the building, with a few hanging around to look at displays. To read all of our live coverage, start at the bottom of the page. Visit GoErie.com throughout...
Wrapping up
It's not a surprise, but the results of the voting are in -- the board of directors were approved and all shareholder proposal were rejected. Probably the most resounding vote in the group was against the proposal asking that the...
A diversified company
GE hails itself as a diversified technology company -- you know, they do make more than just washing machines, trains and "30 Rock." Here's a list of the company's business groups: -- GE Commercial Finance -- GE Healthcare -- GE...
Floor opened to other business
General Electric shareholders gather for a meeting at the Erie Bayfront Convention Center on April 23. JACK HANRAHAN/Erie Times-News The floor has been opened to other business and questions from the audience. So far, a few questions have been...
Shareholder proposals
The meeting has just moved on to shareowner proposals. Here is a list of the proposals: Cumulative voting. A change in how many votes each shareholder gets in selecting the board of directors. The board of directors recommended a vote...
GE's connection to Iran
Immelt concluded his address and took a seat with the board of directors, opening up the floor to other business. The first question from the audience was a decidedly hostile one -- demanding explanation for GE's infrastructure business with Iran,...
Immelt: GE Locomotive's success in Erie defies logic
General Electric Chief Executive Jeff Immelt meets with reporters at the Erie Bayfront Convention Center on April 23. Jack Hanrahan/Erie Times -NewsGE Transportation's success in Lawrence Park seems to beat the odds, Immelt said. "By the 'laws of nature'...
Immelt: Environment key to GE success
Using the Evolution Hybrid locomotive as an example of potential future successes, Immelt said that new, "greener," products hold the key to growing the company. "Ecomagination (the company's branding for environmentally-friendly products and services) is one of GE's most successful...
Changing growth goals
Immelt just touched on the company's first quarter numbers -- which were lower than expected -- and said that the company has reestablished its earnings target to grow 0 to 5 percent, at least half of the expected 10 percent...
Economy has affected GE
Immelt just touched on the economy's impact on the company, saying that GE hasn't been untouched, but that even during times of recession the company has shown growth. "We have built a stronger GE," he said. "That is good, because...
Immelt: Erie a "proof statement" of company success
GE CEO Jeff Immelt just took to the stage here at the Bayfront Convention Center -- in front of a GE Evolution Locomotive -- and began his address by talking about GE's future in Erie. "We're proud to work here,...
VIDEO: Meeting to begin soon
General Electric shareholders enter the Erie Bayfront Convention Center on April 23. JACK HANRAHAN/Erie Times-News The meeting is scheduled to start at 10 a.m. Here's a quick view of the crowd in the hallway of the Bayfront Convention Center...
VIDEO: GE exhibit hall
I just had the chance to shoot a quick video of the GE exhibits here at the Convention Center. Check it out. -- Cody Switzer...
History of the company
The flat-screen television in the media room here is cycling through a slideshow of charts and graphs of the company's 2007 profits, where it stands among the most profitable companies and other financial date. Mixed in with that, though, is...
"If you can't take a punch..."
Today’s meeting may be a high point for Erie, but the company's investors may not have such positive feelings. GE’s first-quarter earnings report, released two weeks ago, showed profits falling 6 percent to $4.3 billion. The first-quarter earnings report last...
The scene on the bayfront
Shareholders and the media have begun to congregate to the Bayfront Convention Center this morning for the Annual GE Shareholder's meeting. The inside of the Bayfront Convention Center is decked-out in GE displays, including a room dedicated to Lawrence Park's...
Welcome to the GE Shareholder's meeting
General Electric Chief Executive Jeff Immelt meets with reporters at the Erie Bayfront Convention Center on April 23. JACK HANRAHAN/Erie Times-News Welcome to our live coverage of this year's GE Shareholder's meeting at the Erie Bayfront Convention Center. We'll...
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