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Real Estate News Releases
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(CHARTPOPPERS.COM, December 09, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring Conglomerates company General Electric Company. (NYSE:GE)
The investment report on General Electric Company. (NYSE:GE) should be of particular interest to other companies such as; Siemens AG (NYSE:SI), Google Inc. (NASDAQ:GOOG) and Time Warner Inc. (NYSE: TWX).
General Electric Company. (NYSE:GE) is a diversified industrial corporation. Its Infrastructure segment produces jet engines, turboprop and turbo shaft engines, and related replacement parts for use in military and commercial aircraft; wind turbines; aircraft engine derivatives; gas and steam turbines, and generators; oil and natural gas compressors and turbines; diesel-electric locomotives and parts; and productivity solutions for industrial and municipal water systems. It offers various financial products and services aviation and energy sectors.
Recent News on General Electric Company. (NYSE:GE)
General Electric Co. said earnings from its finance unit would be flat next year as credit losses peak, paving the way for an improvement in 2011.
Mike Neal, chief executive of the finance unit known as GE Capital, told investors Tuesday that the unit is on track to earn $2 billion to $2.5 billion this year and in 2010, compared with $8.6 billion in 2008. But the company expects credit losses and impairments of up to $13 billion this year, and up to $35 billion during the three-year financial crisis.
"We believe we are well positioned to compete in 2010 and beyond," said Mr. Neal.
The main concern among investors has been GE Capital's $80 billion commercial real-estate portfolio. GE said property values in the portfolio have dropped 34% since the end of 2007, and it is projecting another 13% decline in 2010, which it considers "both conservative and realistic." GE said U.S. property values have suffered the most.
"We're expecting real estate to be even tougher [in 2010] than it was in 2009," although other segments in GE Capital's business should offset the trend, said Jeff Bornstein, chief financial officer of GE Capital.
Mr. Neal said GE would remain focused on shrinking and strengthening its balance sheet as he reiterated confidence that regulators wouldn't force GE to divest the unit amid a crackdown on non-bank financial groups.
Mr. Neal also said GE hopes to gain ground in lending to small and medium businesses and to key industries such as health care, energy and aircraft leasing, where rivals have pulled back. "We believe our expertise is growing in a market that lacks competition," said Mr. Neal. In aircraft leasing, for example, GE's top competitors are affiliated with wounded finance companies American International Group Inc. and CIT Group Inc.
To view the Consolidated Investment Analysis on General Electric Company. (NYSE:GE), Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com 
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