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CHICAGO (Reuters) -General Electric on Tuesday completed its breakup into three companies, marking the end of the 132-year-old conglomerate that was once the most valuable U.S. corporation and a ...
General Electric scientist Robert N. Hall invents the solid state laser [5] 1963 Gerald L. Phillippe becomes chairman, replacing Ralph J. Cordiner: 1964 General Electric sponsors Carousel of Progress at the 1964 New York World's Fair and continues sponsorship after it is moved to Disneyland from 1967 to 1973, then to Magic Kingdom (1975–1985 ...
General Electric in Schenectady, New York, aerial view, 1896 Plan of Schenectady plant, 1896 [19] General Electric Building at 570 Lexington Avenue, New York. During 1889, Thomas Edison (1847–1931) had business interests in many electricity-related companies, including Edison Lamp Company, a lamp manufacturer in East Newark, New Jersey; Edison Machine Works, a manufacturer of dynamos and ...
General Electric Company share certificate, issued in 1994. The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. It was originally founded in 1886 as G. Binswanger and Company as an electrical goods wholesaler based in London. It quickly ...
A reverse stock split occurs on an exchange basis, such as 1-10. When a company announces a 1-10 reverse stock split, for example, it exchanges one share of stock for every 10 that a shareholder owns.
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UE and IUE led an alliance of unions which broke the back of Boulwarism, GE's aggressive 20-year-long policy of "take-it-or-leave-it" bargaining.Boulwarism was named for Lemuel Boulware, the company's vice president of labor and community relations, who devised the strategy in reaction to UE's success in the 1946 strike, and to capitalize on the bitter divisions, after 1949, in the ranks of GE ...
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