General Electric

The General Electric Company, or GE, {{nyse|GE}} is a multinational technology and services company. Going into 2005, it was the world's largest corporation in terms of market cap (http://screen.yahoo.com/b?mc=100000000/&b=1&z=mc&db=stocks&vw=1). However, on the back of high oil prices, ExxonMobil has outranked GE for most of 2005. It should not be confused with The General Electric Company plc, which was renamed Marconi plc in 1999.

Related Topics:
2005 - Market cap - ExxonMobil - The General Electric Company plc - Marconi plc - 1999

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In the 1960s, peculiarities in U.S. tax laws and accounting practices made it fashionable to assemble conglomerates. GE, which was a conglomerate long before the term was coined, is one of the very few corporations to achieve great success with this kind of organization.

Related Topics:
1960s - Conglomerates

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