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13. General Electric
General Electric
Financials: Latest Results
Rank: 13 (Previous rank: 12)
CEO: Jeffrey R. Immelt
Employees: 304,000
Address: 3135 Easton Turnpike
Fairfield, Connecticut  6828
Country: U.S.
Website: www.ge.com
Not even General Electric was spared by the Great Recession. In the last year, the conglomerate cut its dividend for the first time since 1938 and lost its top debt ratings as earnings dropped. Its shares fell to their lowest level since the early-1990s.

So the company scaled back its GE Capital finance arm and sold a controlling stake in its NBC Universal to Comcast. Meanwhile, a restructuring divided the company into five segments. If the stock market is the best gauge of success, GE is on the mend: Shares have climbed 27% in the last year compared with an 8% gain for the S&P 500.

-- B.F.

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  $ millions % change from 2008
Revenues 156,779.0 -14.4
Profits 11,025.0 -36.7
Assets 781,818.0 --
Stockholders' equity 117,291.0 --
Profits as % of  
Revenues 7
Assets 1.4
From the July 26, 2010 issue
Includes revenues from discontinued operations.
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Rank # of Global 500 Companies
U.S. 139
Japan 71
China 46
Company 2009 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,649,992
State Grid 1,533,800
Company 2009 Profits
($ millions)
Gazprom $24,556
Exxon Mobil $19,280
Industrial & Commercial Bank of China $18,832
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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