Tyco Healthcare Group LP V

Total Page:16

File Type:pdf, Size:1020Kb

Tyco Healthcare Group LP V 6JAN200420041357 Tyco International Ltd. Second Floor 90 Pitts Bay Road Pembroke HM 08, Bermuda Tele: 441-292-8674 Fax: 441-392-9647 June 8, 2007 Dear Tyco International Ltd. Shareholder: I am pleased to inform you that the board of directors of Tyco International Ltd. has approved the distributions of all of the common shares of Tyco Electronics Ltd. and Covidien Ltd. to the shareholders of Tyco International Ltd. Giving effect to the distributions, our shareholders will own all of the outstanding shares of Tyco Electronics and Covidien and will continue to own all of the shares of Tyco International Ltd., which will continue to own and operate our fire and security and engineered products and services businesses. At the time of the distributions, Covidien will own and operate our healthcare businesses, as a leading developer, manufacturer and distributor of medical devices and supplies, diagnostic imaging agents, pharmaceuticals and other healthcare products for use in clinical and home settings. Tyco Electronics will own and operate our electronics businesses, a leading global provider of engineered electronic components, network solutions and wireless systems. These distributions are being made pursuant to a plan approved by our board of directors on January 13, 2006 to separate Tyco International into three independent, publicly-traded companies: one for Tyco International’s electronics businesses (Tyco Electronics), one for its healthcare businesses (Covidien) and a third for its fire and security and engineered products and services businesses (Tyco International). Our board of directors believes that creating independent, focused companies is the best way to manage our businesses for the benefit of our shareholders and each of the businesses, in both the short and long term. The distribution of common shares of Covidien will occur on June 29, 2007 by way of a pro rata dividend to our shareholders. Each Tyco International shareholder will be entitled to receive 0.25 common shares of Covidien for each common share of Tyco International held by such shareholder at the close of business on June 18, 2007, the record date of the distribution. The dividend will be issued in book-entry form only, which means that no physical share certificates will be issued. No fractional common shares of Covidien will be issued. If you would otherwise have been entitled to a fractional common share in the distribution, you will receive the net cash value of such fractional share instead. Shareholder approval of the distributions is not required, nor are you required to take any action to receive your Covidien common shares. Following the distributions, you will own common shares in Tyco International, Tyco Electronics and Covidien. Covidien has been authorized to have its common shares listed on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol ‘‘COV,’’ and Tyco Electronics has been authorized to have its common shares listed on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol ‘‘TEL.’’ Tyco International’s common shares will continue to trade on the New York Stock Exchange and on the Bermuda Stock Exchange under the symbol ‘‘TYC.’’ The enclosed information statement, which is being mailed to all Tyco International shareholders, describes the distribution of Covidien common shares in detail and contains important information about Covidien. A separate information statement is being mailed to Tyco International shareholders with respect to the distribution of Tyco Electronics common shares. We urge you to read these information statements carefully. I want to thank you for your continued support of Tyco International. We look forward to your support of Tyco Electronics and Covidien in the future. Yours sincerely, 7JAN200407273338 Edward D. Breen Chairman and Chief Executive Officer Tyco International Ltd. 13APR200718402824 June 8, 2007 Dear Covidien Ltd. Shareholder: It is our pleasure to welcome you as a shareholder of our company, Covidien Ltd. We are a global leader in developing, manufacturing and distributing medical devices and supplies, diagnostic imaging agents, pharmaceuticals and other healthcare products for use in clinical and home settings. Our products are used in hospitals, surgi-centers, alternate care facilities, physicians’ offices, imaging centers and the home. Our portfolio of products is sold under brand names such as United States Surgical, Autosuture, Valleylab, Mallinckrodt, Nellcor, Puritan Bennett and Kendall. As an independent, publicly-traded company, we believe we can more effectively focus on our objectives and satisfy the strategic needs of our company, and thus bring more value to you as a shareholder, than we could as an operating segment of Tyco International. In addition, we will have the ability to offer our employees incentive opportunities linked to our performance as an independent, publicly-traded company, which we believe will enhance employee performance. We expect to have our common shares listed on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol ‘‘COV’’ in connection with the distribution of our common shares by Tyco International. We invite you to learn more about Covidien by reviewing the enclosed information statement. We look forward to our future as an independent, publicly-traded company and to your support as a holder of Covidien common shares. Very truly yours, 8JUN200723173193 Richard J. Meelia President and Chief Executive Officer Covidien Ltd. INFORMATION STATEMENT 13APR200718402824 COMMON SHARES (par value $0.20 per share) On January 13, 2006, Tyco International announced that its board of directors had approved a plan to separate Tyco International into three independent, publicly-traded companies: one for Tyco International’s electronics businesses (Tyco Electronics), one for its healthcare businesses (Covidien) and one for its fire and security and engineered products and services businesses (Tyco International). Tyco International intends to accomplish this separation through distributions of common shares to Tyco International shareholders. Immediately following the separation of Tyco Electronics and Covidien, Tyco International’s shareholders will own 100% of the equity in each of the three companies. We anticipate that the distribution will be tax-free for U.S. federal income tax purposes. As a result of these transactions, Tyco International will cease to own any of our shares and you, as a holder of Tyco International common shares, will receive 0.25 Covidien common shares for each Tyco International common share that you hold at the close of business on June 18, 2007, the record date for the distribution. We are sending you this information statement to describe the separation of Covidien. We expect the separation to occur on June 29, 2007. Effective as of that date, our transfer agent will distribute our common shares to each eligible holder of Tyco International common shares by crediting book-entry accounts with that holder’s proportionate number of whole common shares. Eligible holders will receive a cash payment in lieu of any fractional interest in our common shares. No shareholder action is necessary to receive the Covidien common shares to which you are entitled in the distribution, which means that: • you do not need to pay any consideration to Tyco International or to Covidien; and • you do not need to surrender any Tyco International common shares to receive your Covidien common shares. In addition, no shareholder vote is required for the separation to occur. Tyco International is not asking you for a proxy. There has been no trading market for our common shares. We expect, however, that a limited market for our common shares, commonly known as a ‘‘when-issued’’ trading market, will develop on or shortly before the record date for the distribution. We have applied to list our common shares on the New York Stock Exchange, or the NYSE, and on the Bermuda Stock Exchange, or the BSX, under the ticker symbol ‘‘COV.’’ As you review this information statement, you should carefully consider the matters described in ‘‘Risk Factors.’’ The Securities and Exchange Commission and state securities regulators have not approved or disapproved of these securities, or determined if this information statement is truthful or complete. Any representation to the contrary is a criminal offense. The date of this information statement is June 8, 2007. TABLE OF CONTENTS Introduction .............................................................. ii Summary ................................................................ 1 Risk Factors .............................................................. 11 Special Note About Forward-Looking Statements ................................... 28 Questions and Answers About the Separation ..................................... 29 The Separation ........................................................... 34 Trading Market ........................................................... 45 Dividends ............................................................... 47 Capitalization ............................................................. 48 Selected Historical Combined Financial and Other Data .............................. 49 Unaudited Pro Forma Condensed Combined Financial Statements ...................... 51 Management’s Discussion and Analysis of Financial Condition and Results of Operations ..... 58 Industry Outlook .........................................................
Recommended publications
  • U.S. Accessories & Supplies
    GE Healthcare PQ Power Quality U.S. Accessories & Supplies Rev. 01/21 JB00645US PQ How to Order Shop online: gehealthcare.com/accessories Available 24/7, GE Healthcare Service Shop makes ordering supplies online fast and easy. • Search real-time inventory of compatible, OEM products • Take advantage of Auto Reorder for parts you buy regularly • Batch order multiple items at once with Quick Order • Get instant order and tracking confirmations • Pay by PO or credit card or integrate your purchasing system Visit GE Healthcare Service Shop to register. 1. Visit GE Healthcare Service Shop, navigating to the registration link in the upper left-hand corner of the page. 2. Give us your account details. Pro tip: Provide your customer account number for expedited registration. 3. A welcome message will come to you through the email you provide. Start shopping! Register now at ServiceShop.GEHealthcare.com Other ways to order: Phone: (866) 281-7545 Options 1, 2, 1, 2 Fax: (877) 279-6990 Email: [email protected] EDI: Free – contact us for details Hours: 7AM – 6PM (CST) PQ Table of Contents Uninterruptible Power Supplies .......................PQ 4 Transformer ..........................................PQ 6 Dynamic Sag Corrector ...............................PQ 7 Maintenance Bypass Panels ..........................PQ 8 Main Disconnect Panels ..............................PQ 9 AC Lighting Controllers ..............................PQ 11 Power Quality Compatibility Guide ...................PQ 12 See Power Quality Compatibility Guide on page PQ
    [Show full text]
  • 2018 Annual Report WHERE YOU CAN FIND MORE INFORMATION Annual Report
    2018 Annual Report WHERE YOU CAN FIND MORE INFORMATION Annual Report https://www.ge.com/investor-relations/annual-report Sustainability Website https://www.ge.com/sustainability FORWARD-LOOKING STATEMENTS Some of the information we provide in this document is forward-looking and therefore could change over time to reflect changes in the environment in which GE competes. For details on the uncertainties that may cause our actual results to be materially different than those expressed in our forward-looking statements, see https://www.ge.com/ investor-relations/important-forward-looking-statement-information. We do not undertake to update our forward-looking statements. NON-GAAP FINANCIAL MEASURES We sometimes use information derived from consolidated financial data but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. These non-GAAP financial measures supplement our GAAP disclosures and should not be considered an alternative to the GAAP measure. The reasons we use these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial measures are included in the CEO letter supplemental information package posted to the investor relations section of our website at www.ge.com. Cover: The GE9X engine hanging on a test stand at our Peebles Test Operation facility in Ohio. Here we test how the engine’s high-pressure turbine nozzles and shrouds, composed of a new lightweight and ultra-strong material called ceramic matrix composites (CMCs), are resistant to the engine’s white-hot air.
    [Show full text]
  • GE Healthcare INVESTOR UPDATE March 11, 2016 New York City
    GE Healthcare INVESTOR UPDATE March 11, 2016 New York City Caution Concerning Forward-Looking Statements: This document contains "forward-looking statements" – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. For details on the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements, see http://www.ge.com/investor-relations/disclaimer-caution-concerning-forward-looking-statements as well as our annual reports on Form 10-K and quarterly reports on Form 10-Q. We do not undertake to update our forward-looking statements. This document also includes certain forward-looking projected financial information that is based on 1 current estimates and forecasts. Actual results could differ materially. This is GE Healthcare IMPACT AT SCALE Leader in Imaging – 1MM+ Installed Base • 16K+ Scans every minute Revenue $18B Leader in China & Emerging Markets Op Profit $2.9B Leader in Data & Analytics OP% 16.3% • 230MM exams; 124K assets under management Leader in Life Sciences FCF Conv. 126% • Presence in biologics 2 GE Healthcare in context Big opportunity GE store • $7T global market • Technology - ~10% of global GDP • Core long term growth • Digital platform - Aging demographics - Chronic disease - Emerging market access • Industrial “know how” - Cost out • Critical infrastructure - Lynchpin of economy • Leverages and enhances brand - Politically important • $3T market cap • Opens doors around the
    [Show full text]
  • GE Works GE 2012 Annual Report Annual 2012 GE
    General Electric Company Fairfield, Connecticut 06828 www.ge.com GE Works GE 2012 Annual Report 2012 Annual Report 3.EPC055148101A.103 “ Last year we set focused execution goals for GE: double-digit industrial earnings growth; margin expansion; restarting CITIZENSHIP AT GE the GE Capital dividend to the parent; reducing the size of IN 2012, WE GE Capital; and balanced capital allocation. We achieved all As a 130-year-old ~ 2^]caXQdcTS\^aTcWP]!!\X[[X^]c^R^\\d]XcXTbP]S technology company, nonprofit organizations. of our goals for the year.” GE has proven its ~ ;Pd]RWTS abc^UPZX]S_a^VaP\bcWPcQaX]VcWT[PcTbc JEFF IMMELT, CHAIRMAN AND CEO breast cancer technologies to women. sustainability. Working Healthymagination and Susan G. Komen for the Cure have to solve some of the partnered to bring the latest breast cancer technologies to world’s biggest challenges, more women, by encouraging women to be screened through targeted programs in the U.S., China and Saudi Arabia. Citizenship is in the ~ 6T]TaPcTS! QX[[X^]X]aTeT]dTUa^\^daTR^\PVX]PcX^] products we make, how product portfolio. we make them, and in the difference we make 2012 PERFORMANCE in communities around GE’s newest Evolution Series GE is one of the largest locomotive prototype (pictured) employers in the U.S. and the world. reduces emissions by more than the world, with 134,000 70% compared with 2005 engines, U.S. employees and www.gecitizenship.com saving railroad customers more 305,000 employees globally, CONSOLIDATED REVENUES GE SCORECARD (In $ billions) than $1.5 billion in infrastructure as of the end of 2012.
    [Show full text]
  • In the United States District Court for the District of Delaware
    Case 1:19-cv-00436-UNA Document 1 Filed 03/01/19 Page 1 of 27 PageID #: 1 IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE VIRTUAL IMMERSION TECHNOLOGIES LLC, Plaintiff, v. Civ. No. __________ GENERAL ELECTRIC COMPANY, a conglomerate of BAKER HUGHES, A GE COMPANY, a dba designation including JURY TRIAL DEMANDED BAKER HUGHES, A GE COMPANY, LLC, and BAKER HUGHES PROCESS AND PIPELINE SERVICES LLC; GE AVIATION, a dba designation including GE AVIATION LLC, GE AVIATION MATERIALS, INC., GE AVIATION SYSTEMS LLC, GE AVIATION SYSTEMS NORTH AMERICA LLC, and GE AVIATION WILMINGTON LLC; GE DIGITAL, a dba designation including GE DIGITAL LLC; GE HEALTHCARE, a dba designation including GE HEALTHCARE INC., GE HEALTHCARE BIO-SCIENCES CORP., GE HEALTHCARE BIOTECHNOLOGIES LLC, GE HEALTHCARE MANUFACTURING LLC, GE HEALTHCARE TRADE AND DEVELOPMENT LLC, and GE PRECISION HEALTHCARE LLC; GE LIGHTING, a dba designation including GE LIGHTING SOLUTIONS LLC; GE POWER, a dba designation including GE DISTRIBUTED ENERGY SOLUTIONS LLC, GE ENERGY, LLC, GE ENERGY (USA), LLC, GE ENERGY CONTROL SOLUTIONS, LLC, GE ENERGY MANAGEMENT SERVICES, LLC, GE ENERGY POWER CONVERSION NAVAL - 1 - Case 1:19-cv-00436-UNA Document 1 Filed 03/01/19 Page 2 of 27 PageID #: 2 SYSTEMS INC., GE ENERGY POWER CONVERSION USA INC., GE-HITACHI NUCLEAR ENERGY AMERICAS LLC, GE-HITACHI NUCLEAR ENERGY INTERNATIONAL LLC, GE PACKAGED POWER, LLC, and GE STEAM POWER, INC.; GE TECHNOLOGY INFRASTRUCTURE, a dba designation including GE INFRASTRUCTURE SENSING, LLC, and GE INFRASTRUCTURE TECHNOLOGY INTERNATIONAL LLC; and GE RENEWABLE ENERGY, a dba designation including GE RENEWABLES HOLDING, LLC and GE RENEWABLES NORTH AMERICA, LLC; Defendants.
    [Show full text]
  • J.P. Morgan Healthcare Conference January 2011 Safe Harbor Provisions
    J.P. Morgan Healthcare Conference January 2011 Safe Harbor Provisions SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS: Statements made during this presentation, the proxy statements filed with the Securities and Exchange Commission (“Commission”), communications to shareholders, press releases and oral statements made by our representatives that are not historical in nature, or that state our or management’s intentions, hopes, beliefs, expectations or predictions of the future, may constitute “forward-looking statements” within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements can often be identified by the use of forward-looking terminology, such as “could,” “should,” “will,” “will be,” “will lead,” “will assist,” “intended,” “continue,” “believe,” “may,” “expect,” “hope,” “anticipate,” “goal,” “forecast,” “plan,” or “estimate” or variations thereof or similar expressions. Forward-looking statements are not guarantees of future performance. Forward-looking statements involve risks, uncertainties and assumptions. It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the risk factors discussed under “Risk Factors” in our Annual Report on Form 10-K for fiscal year ended March 31, 2010, as well as factors discussed elsewhere in other reports and documents we file with the Commission. Other unforeseen factors not identified herein could also have such an effect. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial condition or business over time unless required by law.
    [Show full text]
  • GE Healthcare Healthymagination Investor Update
    GE Healthcare healthymagination Investor Update UBS John Dineen President & CEO, GE Healthcare May 6, 2011 "Results are preliminary and unaudited. This document contains “forward-looking statements”- that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: the severity and duration of current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; the impact of U.S. and foreign government programs to restore liquidity and stimulate national and global economies; the impact of conditions in the financial and credit markets on the availability and cost of GE Capital‟s funding and on our ability to reduce GE Capital‟s asset levels and commercial paper exposure as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the soundness of other
    [Show full text]
  • Ge 2013 Annual Report 1 Letter to Shareowners
    Progress GE Works 20132013 AnnualAnnual ReportReport ON THE COVER: Shana Sands, GE Power & Water, Greenville, South Carolina. Turbine is destined for Djelfa, Algeria. PICTURED: Lyman Jerome, GE Aviation Focusing our best capabilities on what matters most to our investors, employees, customers and the world’s progress. PICTURED, PAGE 1 Back row (left to right): JOHN G. RICE KEITH S. SHERIN SUSAN P. PETERS Vice Chairman, GE Vice Chairman, GE Senior Vice President, and Chairman and Human Resources MARK M. LITTLE Chief Executive Officer, Senior Vice President and JEFFREY S. BORNSTEIN GE Capital Chief Technology Officer Senior Vice President and Front row (left to right): Chief Financial Officer JEFFREY R. IMMELT Chairman of the Board and JAMIE S. MILLER BETH COMSTOCK Chief Executive Officer Senior Vice President and Senior Vice President and Chief Information Officer Chief Marketing Officer DANIEL C. HEINTZELMAN Vice Chairman, Enterprise BRACKETT B. DENNISTON III NOT PICTURED: John L. Risk and Operations Senior Vice President and Flannery, Senior Vice President, General Counsel Business Development 2013 PERFORMANCE CONSOLIDATED SEGMENT OPERATING EARNINGS GE CFOA REVENUES (In $ billions) PROFIT (In $ billions) PER SHARE (In $ billions) 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 $154 $149 $147 $147 $146 CAPITAL 5149 48 45 44 $24.5 $1.64 $17.8 $17.4* $22.8 $1.51 $16.4 $20.5 $1.30 $14.7 $17.2 $1.13 NBCU 15 17 6 2 2 $15.7 $12.1 $0.91 INDUSTRIAL 88 83 93 100 100 *Excludes NBCUniversal deal-related taxes GE Scorecard Industrial Segment Profi t Growth 5% Return on Total Capital 11.3% Cash from GE Capital $6B GE Capital Tier 1 Common Ratio 11.2% Margin Growth 60bps GE Year-End Market Capitalization $282B, +$64B Cash Returned to Investors $18.2B GE Rank by Market Capitalization #6 GE 2013 ANNUAL REPORT 1 LETTER TO SHAREOWNERS MAKING PROGRESS GE has stayed competitive for more than a century—not because we are perfect—but because we make progress.
    [Show full text]
  • DICOM 2005 International Conference Budapest, Hungary SEMINAR Monday, September 26, 2005
    PROGRAM September 26 – 28, 2005 Hilton WestEnd Hotel Budapest, Hungary DICOM 2005 International Conference Budapest, Hungary SEMINAR Monday, September 26, 2005 [8:00 – 8:45] Registration [8:45 – 9:00] B01: Welcome and Kick Off – 15 min Prof. Attila Naszlady, M.D.; [Budai Irgalmasrendi Hospital] Attila Naszlady (born on 04. Nov. 1931. Budapest, Hungary); M.D. graduated in Semmelweis University, Budapest, Hungary, 1958; Research Fellow of World Health Organization in Göteborg(Sweden), Naples, Milano(Italy) Academic D.Sc., in 1979; Professor h.c. in 1980; IMEKO member of TC-13, as representative for Hungary from 1985-1997 Academician in Pontificia Accademia Tiberina, Rome, Vatican 1999; specialist in internal medicine 1965, European Cardiologist 2000; Med. Dir. of Hungarian Maltese Charity Service 1996- ; Expert in informatics 1989. Representing member for Hungary of EU DGXIII CEN/TC251; President of the European Federation of Med. Inform. (1998-2000); Gen. Med. Di.r. of Policlinic of Hospitaller Bros. of St. John of God in Budpest 2000- Scientific work: interactions between structure and function in the cardio-pulmonary system – experimental, clinical and 3-D computer modelling; results published in more than 120 sci. articles, in book chapters and invited lectures on Internatl. Congresses in Warsaw, Copenhagen, London, Bermuda etc.. Awards: Knighted in O.E.S.S.H. in Castle of Bouillon, (Belgium) 1993; Denis Gabor award for innovation1998; Golden Cross Medal of Merit from Sovereigne Maltese Knight Order 1999; Teaching activities: Clinical Physiology in Med. University, Cardiology in Postgraduate Med. School and Bioengineering in Technical University, Budapest, Hungary.- Innovations, patents: • 1963 Capillar-microscope,1964 balloon for reanimation, 1964 extracorporal cardiac pacemaker • 1966 lab.
    [Show full text]
  • Genpact Limited Annual Report 2019
    Genpact Limited Annual Report 2019 Form 10-K (NYSE:G) Published: March 1st, 2019 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2018. ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to . Commission file number: 001-33626 GENPACT LIMITED (Exact name of registrant as specified in its charter) Bermuda 98-0533350 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Canon’s Court 22 Victoria Street Hamilton HM 12 Bermuda (441) 295-2244 (Address, including zip code, and telephone number, including area code, of registrant’s principal executive office) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Exchange on Which Registered Common shares, par value $0.01 per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • GE Healthcare JP Morgan Conference
    GE Healthcare JP Morgan Conference Pascale Witz President & CEO, Medical Diagnostics January 10, 2012 Caution Concerning Forward-Looking Statements: This document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; potential market disruptions or other impacts arising in the United States or Europe from developments in the European sovereign debt situation; the impact of conditions in the financial and credit markets on the availability and cost of General Electric Capital Corporation’s (GECC) funding and on our ability to reduce GECC’s asset levels as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; changes in Japanese consumer behavior that may affect our estimates of liability for excess interest refund claims (Grey Zone); potential financial implications
    [Show full text]
  • Annual Report 2020
    ANNUAL REPORT 2020 ADVOCACY • COMMUNITY • KNOWLEDGE THIS ANNUAL REPORT IS DEDICATED TO OUR MEMBERS, WHO HAVE REMAINED COMMITTED TO OUR ORGANIZATION AND OUR MISSION DURING TABLE OF CONTENTS THIS MOST DIFFICULT TIME. LETTER FROM THE PRESIDENT . 4 THE AMCHAM BOARD AND SUPERVISORY BOARD . 5 LETTER FROM THE CEO . 6 WHILE FACING AN UNPRECEDENTED THE AMCHAM STAFF . 7 CHALLENGE WITH COVID-19 ON YOUR OWN, WAY OF WORKING . 11 POLICY TASK FORCES AND COMMITTEES . 14 YOU DEDICATED TIME, ENERGY AND EXPERTISE AVOCACY SUMMARY . 16 TO THE AMCHAM COMMUNITY, PROJECTS . 20 AIDING OUR EFFORTS TO ALLEVIATE ADVOCACY TIMELINE SINCE COVID-19 . 22 EVENTS . .. 28 THE IMPACT OF THIS PANDEMIC MEMBERSHIP . 42 AND HELP RESTART THE ECONOMY. SECRETARY TREASURER’S REPORT . 48 AMCHAM FOUNDATION . 53 THANK YOU FOR YOUR Publisher: Írisz Lippai-Nagy, CEO, AmCham Hungary • Published by the American Chamber of Commerce in Hungary, 2020 • Managing editors: Péter Kovács, Communications Manager UNSWERVING DEVOTION and Robin Marshall, chief editor, JOURNAL, the Voice of AmCham Hungary • Contributor: Vivien Csernik-Tihn • Design & production: Business Publishing Services Kft. • Photos by: AND CONTINUOUS SUPPORT. Lázár Todoroff, Hajnalka Hurta • Contact information: AmCham Hungary H-1051 Budapest, Szent István tér 11., E-mail: [email protected], www.amcham.hu AmCham Hungary received a one-time grant from the Arconic Foundation in support of the Career Orientation Program and its objective to promote STEM (science, technology, engineering, and mathematics) subjects and careers among students of secondary education in 2019. The Arconic Foundation is an international organization dedicated to support programs developing the next generation of engineering and manufacturing workforce. Because of this grant, AmCham Hungary is considered a foreign-funded organization under the Act LXXVI of 2017.
    [Show full text]