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General Electric Co GE

General Electric Company, doing business as GE Aerospace, is a global aerospace propulsion, services, and systems company. The Company provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. Its portfolio of brands includes Avio Aero, Unison, GE Additive and Dowty Propellers. Avio Aero is a GE Aerospace business which operates in the design, manufacturing, and maintenance of civil and military aeronautics subsystems and systems. Dowty Propellers manufactures integrated propeller systems, which are used in applications that range from regional airliners and military airlifters to marine hovercraft. GE Additive offers a suite of products for additive manufacturing. Unison builds advanced gas turbine components and electrical and mechanical systems throughout the world. Its services include TrueChoice commercial services, TRUEngine, on wing support, regional and business aviation, and test services.


NYSE:GE - Post by User

Bullboard Posts
Post by bestioleon Sep 21, 2008 9:46am
1118 Views
Post# 15473086

GE may seek short-seller ban list

GE may seek short-seller ban list

Amex, GE and others may seek to be on short-seller ban list

By Christopher Hinton
Last update: 2:49 p.m. EDT Sept. 19, 2008
NEW YORK (MarketWatch) -- Companies in the financial-services sector that were left off a government list banning short sellers from trading certain stock may be seeking inclusion. General Electric Co., American Express, Capital One and CIT Groupare just a few of those omitted from the list despite having large businesses in the financial sector. For GE, financial services make up about 45% of its overall business. GE declined to comment on whether it will seek SEC's approval for addition to the list, but American Express said it was just beginning to look into the possibility of being added. The Securities and Exchange Commission ban covers 799 stocks and takes effect until midnight on Oct. 2. End of Story
Bullboard Posts