Word: welch
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Dates: during 2000-2009
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...mediocre? The corporate icon headed by Jack Welch since 1981 has thrived by being focused. Be No. 1 or No. 2 in a business. Period. Welch has amassed operations in a dozen industries ranging from financial services to aerospace to media. With Welch steering, GE has increased its market value from $13 billion to $518 billion, becoming the most valuable company in the world...
Shareholders continue to be amply rewarded. GE is up modestly this year, while the Dow is down 8%. Call it the Welch premium. GE's remarkable ability to keep its stock rising means investors are willing to pay more for it. Currently, they pay $43 for every $1 of annual GE earnings. At Honeywell, investors before the announced takeover were paying a mere $21 for $1 of earnings...
...Welch simply is without peer, and that's exactly why GE's stock is headed for ho-hum. He's retiring. With the Honeywell deal, Welch agreed to stick around eight months longer, until the end of next year. After that, though, he's teeing off at Augusta...
...loss certainly was a missed opportunity for Harvard, as Penn State was vulnerable with Olympic alternate Christie Welch out with a foot injury and No. 2 scorer Heidi Drummond unable to play after a violent collision with Gunther in the game's opening minute...
Penn State (5-2-1) will also be a Crimson opponent this season. The No. 7 Nittany Lions have already beaten common opponent Texas A&M, on the strength of a goal by Olympic alternate Christie Welch-a player who should be familiar to anyone who watched the U.S. National Team at the CONACAF Gold Cup at Foxboro this summer...