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Frequently Asked Questions

What companies are owned by General Electric?

GE Power. The former bedrock of this industrial giant, GE Power is a wholly owned subsidiary of General Electric and remains the largest business division, although it is currently on a sharp downward trajectory.

Who owns General Electric Company?

General Electric was formed through the 1892 merger of Edison General Electric Company of Schenectady, New York, and Thomson-Houston Electric Company of Lynn, Massachusetts, with the support of Drexel, Morgan & Co. Both plants continue to operate under the GE banner to this day.

Why is GE stock down?

One Reason Why GE Stock Is Down Today. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. But the team also finds weaknesses including generally higher debt management risk, weak operating cash flow and poor profit margins.

Is GE breaking up?

For GE, breaking up is hard to do. What we can say for sure is that GE is transforming itself more fundamentally than it has done in at least 30 years, and the movement is all in the right direction. Shareholders should hope the company achieves its newly stated goals swiftly and adeptly—and then goes even further.

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