This reorganization will enable Lighting and Appliances to provide more cost-effective and pointed approaches to supporting all of our customers needs,
More Quotes from Jeff Immelt:
ERC doesn't really fit the GE that I want to have, ... The return on equity is too low and there's too many commodity segments. I hate having to give this message to you, but my responsibility to you is to manage it, and that's what I'm doing.Jeff Immelt
GE delivered in the first quarter for the same reason we have delivered throughout the economic downturn -- the strength of our business model, ... Our mix of businesses and execution of our productivity and business development initiatives ... enable GE to deliver earnings and cash growth through economic cycles.
Jeff Immelt
GE's end markets continue to show solid growth, and our businesses are performing very well,
Jeff Immelt
We've tried for a long time. We've got a great management team in Louisville. But all that manufacturing's going to be in China and Mexico,
Jeff Immelt
We continue to see good fundamentals across the rest of our businesses, and our earnings guidance remains consistent with prior expectations,
Jeff Immelt
It's appropriate to step up our current activity and affirm our faith in the long-term prospects of the company.
Jeff Immelt
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