This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GE Releases 2012 Annual Report

GE (NYSE: GE) announced today the release of its 2012 Annual Report, available on the Company’s website at The title and theme of “GE Works” is reflected in GE Chairman and CEO Jeff Immelt’s letter to shareowners, which addresses the Company’s performance, culture, and how GE can thrive in the years ahead.

"Strategy is about making choices, building competitive advantage and planning for the future," writes Immelt. "As we look forward, it is important that investors see the Company through a set of choices we make for the purpose of creating value over time."

Immelt outlines five choices “that drive the future" of GE:
  • Remaking GE as an infrastructure leader: "About $60 trillion of infrastructure investment is needed by 2030 to support billions of new consumers joining the middle class in the emerging world, and to support developed-market productivity. At $100 billion of revenue with 15% margins, we are the largest and most profitable infrastructure company in the world.”
  • Balanced capital allocation with a focus on dividend growth: "We like GE to have a high dividend yield, which is appealing to the majority of our investors…In total, we plan to return $18 billion to investors this year through dividend and buyback.”
  • Investment in organic growth: "We believe that investing in technology and globalization is key to gaining market share. Annually, we invest more than $10 billion to launch new products and build global capability."
  • Alignment with customer outcomes: "Our growth is aligned with customer outcomes, and our products improve their productivity…We only win when our customers win."
  • Leading the big productivity drivers of the era: Immelt writes that GE is positioned to lead in three key productivity themes: “the shale gas revolution,” the rise of advanced manufacturing technologies, and the power of the Industrial Internet to increase productivity through better analytics.

Immelt closes the letter with a focus on the culture of GE. "A good culture is the only filter that can make size a strength and not a weakness." The key to GE's culture today, he writes, is "Simplification."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.09 -0.65%
FB $103.30 1.40%
GOOG $687.43 0.63%
TSLA $147.70 -1.80%
YHOO $26.79 0.11%


Chart of I:DJI
DOW 15,747.26 +87.08 0.56%
S&P 500 1,842.82 +13.74 0.75%
NASDAQ 4,293.8510 +27.0140 0.63%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs