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General Electric Company (NYSE: GE) ended that day at $35.61, up 19 cents or 0.54% from its close yesterday. GE recently released that it is getting into helping Isotoner refinance (the gloves company), in a $145 million deal.Of interest to shareholders is GE's 2007 Annual Meeting of Shareowners. This year it will be held April 25 in Greenville, South Carolina. GE will be talking about the diversity and strength of the conglomerate there.
Interested in alternative energy? The Motley Fool's Paul Elliott makes a case for buying GE as a way to get involved in diversified energies, not just the traditional oil and gas. GE is one of the larger alternative energy investors in the world, and although it sounds counter-intuitive, would be a great way to invest in that long term outlook on energy if one were interested. Maybe, but investing directly in an alternative energy company would free you of the general sluggishness that GE seems to suffer as well, for better or worse. Are any readers in GE for the alternative energy investment out there?
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