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Talk:General Electric

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Latest comment: 2 years ago by BilCat in topic Political influence

GE Vernova spinoff

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Since GE Vernova will be trading soon, I have prepared a draft for the page. WiinterU (talk) 14:13, 28 March 2024 (UTC)Reply

About time. I don’t know why anyone else wasn’t doing anything about it. Good job. 320th Century (talk) 17:24, 28 March 2024 (UTC)Reply
Thank you WiinterU (talk) 18:00, 28 March 2024 (UTC)Reply

General Electric: The Century-Old Octopus

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Crazy how this company’s products ranged from machine guns, to washing machines, from light bulbs, to Broadcasting networks, to Football helmets,

and Nuclear energy. 320th Century (talk) 18:56, 30 March 2024 (UTC)Reply

General Electric successor GE Aerospace

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Since General Electric will be succeeded by GE Aerospace, we will have to update these pages to reflect that.

GE Aerospace, Inc.
FormerlyAircraft Gas Turbine Division
General Electric Aircraft Engines
GE Aviation
TypePublic
NYSE: GE
IndustryAerospace
PredecessorGeneral Electric
Key people
H. Lawrence Culp Jr. (president & CEO)
ProductsAircraft engines
Avionics
RevenueIncrease US$ 31.770billion (2024)[1]

- Equipment :: IncreaseUS$ 11.499 billion

- Services  :: IncreaseUS$ 19.067 billion
Increase US$ 6.115 billion (2024)[1]
Number of employees
48,000 (2018)
ParentGeneral Electric (1907–2024)

Do you agree with these infoboxes?

General Electric Company
TypePublic
ISINUS3696043013 (since 2021)
IndustryConglomerate
PredecessorEdison General Electric Company
Thomson-Houston Electric Company
FoundedApril 15, 1892; 134 years ago (1892-04-15) in Schenectady, New York, US
Founders
DefunctApril 2, 2024; 2 years ago (2024-04-02)
FateSpin-off of assets and rebrand to GE Aerospace
Successors
Area served
Worldwide
Key people
H. Lawrence Culp Jr. (chairman & CEO)
Products
RevenueIncrease US$67.954 billion (2023)
Increase US$9.029 billion (2023)
Increase US$9.443 billion (2023)
Total assetsDecrease US$163.05 billion (2023)
Total equityDecrease US$28.579 billion (2023)
Number of employees
125,000 (2023)
Footnotes
[2]

WiinterU (talk) 03:45, 1 April 2024 (UTC)Reply

Yeah. 320th Century (talk) 11:22, 1 April 2024 (UTC)Reply
I'm not sure that's correct; at least based on reading the SEC filings this week, General Electric Company is still the legal name of the company, "GE Aerospace" is just a dba. Furthermore, the rump GE is the owner/licensor of the "GE" word mark and the GE monogram trademark, collecting licensing revenue from GEV, GEHC, and other past spinoffs. 207.180.169.36 (talk) 16:24, 7 April 2024 (UTC)Reply
There generally has to be a legal successor, for a variety of reasons. However, we don't always get so deep into the legal weeds. We can note the strict legalities in the main text, and in notes in the infobox. BilCat (talk) 19:15, 7 April 2024 (UTC)Reply
Something like GE is never legally gone. It had too many legal tentacles. 320th Century (talk) 22:48, 7 April 2024 (UTC)Reply
GE is defunct. Since there is already a page for GE Aerospace, we will be using that. WiinterU 00:26, 8 April 2024 (UTC)Reply
I know that. Again, it isn’t gone on paper. 320th Century (talk) 02:17, 8 April 2024 (UTC)Reply
The original company is gone on paper. GE Aerospace is the legal successor. WiinterU 17:29, 8 April 2024 (UTC)Reply
I came to the same conclusion as the IP user when I read the SEC filing (haven't looked for a secondary source). The GE spin-offs are basically demergers, with the "surviving" company being rebranded to GE Aerospace. A somewhat recent and similar example would be the Kellogg Company: WK Kellogg Co. was the spin-off company and the surviving company rebranded to Kellanova. In that case, the legal name of Kellogg Company actually changed to Kellanova though. In this case, the legal name still remains as General Electric and only the dba name has changed (to GE Aerospace). In any case, any future business activity should only be updated in the spin-off (GEHC and GEV) and surviving company (GE Aerospace) pages, and not here. Ptrnext (talk) 07:24, 11 April 2024 (UTC)Reply

References

  1. 1 2 "2018 Annual Report" (PDF). Annualreports.com. Archived from the original (PDF) on 2019-04-14. Retrieved 2021-01-12.
  2. General Electric Company, Form 10-K (Annual Report) (Report). US Securities and Exchange Commission. 2 February 2024. Retrieved 11 February 2024.

Political influence

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What about a section on world wide influence and the companies it controlled indirectly? 86.174.43.48 (talk) 17:27, 13 April 2024 (UTC)Reply

Could you provide an example of this? —Panamitsu (talk) 22:32, 13 April 2024 (UTC)Reply
An example from reliable sources, preferably in-depth coverage. BilCat (talk) 22:58, 13 April 2024 (UTC)Reply