Company report Essay Example | Topics and Well Written Essays - 750 words

Company report - Essay ExampleIn the wake of new era of the then come withs CEO, John F. Welch, world(a) Electrics was at its worst financial and economic doldrums (Slater). During his tenure as the CEO of the company, General Electrics underwent a series of fundamental financial changes. In 1988, the CEO had managed to salvage the economic performance of the company by acquiring about 338 product lines and business at a cost of $11.1 billion. In the year 2009, the company registered a financial success setting its net income at $0.5 billion with consolidated revenue of $3.4 billion. Similarly, the industrial cash menstruation arising from the companys operating activities was at $16.6 billion, a financial figure that remained superior as at that time. The table below shows the financial performance of the General Company from 2009 to 2013.General Electrics has a several competitors in the industry. Some of its active competitors include Citigroup Inc and Koninklijke Philips N.V . The table above shows the direct comparison of General Electric with separate companiesIn the beginning of the week, the GE tries to pursue the Alstom assets to possible purchase of the same. This move seems interesting to the investors and it explains the high opening prices. However, in the course of the week, another setback seems to alternate the acquisition of the Alstom French government signs into law a bill that that bars foreign companies from acquiring local companies. Towards the end of the week, General Electric Company makes a payment of $59 billion as pension but it also introduces benefits to workers who are not productive. These further explain the slight drop in the closedown price.The stock prices marking the beginning of this week was pegged at 26.55. However, at the end of the week, there was a significant change in stock prices of General Electric. opposite news outlets reported that Jeff Immelt, companys CEO reviewed