General Electric Company ( http://www.ge.com/ ) ( NYSE: GE) operates as a technology, media, and financial services company worldwide. It was founded in 1892 and is based in Fairfield, Connecticut.
As of August 18, 2010, it had a 52 week stock price range of $13.03 – 19.70. As of December 31, 2009, it had a net income of $11,025,000,000. Its long term debt was $338,215,000,000 and its net tangible assets were $39,788,000,000.
General Electric (GE) is a conglomerate. The Ecoimagination unit is devoted to environmental technologies and innovation. The company has many other operations that have both green and non green operations combined. For example, GE offers both Energy Star appliances and non Energy Star appliances. They are also involved in aviation as well as sustainable transportation. GE is heavily engaged in coal, nuclear, oil and natural gas industries.
This is a Non Green Business. It is currently overvalued. This business can shift to a sustainable model if it can shed its massive investments in anti green operations and focus on the Ecoimagination unit.
Sources:
Yahoo Finance
GE website
Gothic Green Blogs and Sites:
http://www.gothicgreen.biz/ The Formula of Sustainable Design
http://www.gothicgreen.net/ Green Social Niche
http://greenbusiness.livejournal.com/ Gothic Green Business Journal
http://www.gothicgreen.info/ Sustainable Concepts and Designs by Gothic Green
