Conglomerates - Wednesday, December 23, 2009 15:11 - 0 Comments

General Electric Co. GE Shares Up 0.20% in Morning Session

General Electric Company’s subsidiary, Bank BPH SA announced that it has signed a credit facility agreement with another General Electric Company’s subsidiary, GE Capital International Holding Corporation. Under the terms of the agreement Bank BPH SA will be provided with a revolving credit facility of PLN 11,100,000,000. The contract was signed for an eight-year period and its rate is based on WIBOR and the margin.

Last Trade: 15.41
Trade Time: 9:54AM ET
Change: Up 0.03 (0.20%)
Prev Close: 15.38
Open: 15.46
Day’s Range: 15.38 – 15.48
52wk Range: 5.87 – 17.52
Volume: 4,917,243
Avg Vol (3m): 84,494,600
Market Cap: 164.08B

About General Electric Co.

General Electric Company (GE) operates as a technology, media, and financial services company worldwide. Its Energy Infrastructure segment produces gas, steam, and aeroderivative turbines; generators; and combined cycle systems, as well as provides water treatment services and equipment. This segment also sells surface and subsea drilling and production systems, floating production platform equipment, compressors, turbines, turboexpanders, and high pressure reactors to national, international, and independent oil and gas companies; and offers equipment overhauls and upgrades, pipeline inspection and integrity services, remote diagnostic and monitoring, and contractual service agreements. The company’s Technology Infrastructure segment manufactures jet engines, aerospace systems and equipment, and its replacement parts, as well as provides repair and maintenance services for commercial aircraft; military aircraft, includ¬ing fighters, bombers, tankers, and helicopters; marine applications; and executive and regional aircraft.