The General Electric Company (GE) was founded in 1892 after a merger of Edison Electric Light Company and Thomson-Houston Electric Company currently maintaining dominance in the Industrial field and manufacturing major appliances which includes but is not limited to services in aviation by producing engines, lighting, healthcare, oil/gas and rail. GE currently employs approximately over 300,000 people. Currently, the CEO and Chairman of the Board is Jeffrey Immelt and the company was founded in 1898 and its headquarters is located in Fairfield, CT. On 19 Oct 2012 General Electric closed at $22.03 which went down -0.78 (-3.42%) from the day before. The companies P/E ratio was 16.29 and a Dividend Yield of 3.09. The company has a 12.40% return on equity and a 2.00% return on assets. The stocks for GE have steadily climbed consistently since July after a significant drop. In 2011, GE delivered solid results despite the tough economic climate with earnings of $14.8 billion. Industrial cash flow from operating activities for the year remained strong at over $12.1 billion.
The Exxon Mobile