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Showing posts with label Jeff Immelt. Show all posts
Showing posts with label Jeff Immelt. Show all posts
Wednesday, October 15, 2008
GE Earnings
General Electric reported earnings in line with estimates.Earnings per share were 0.45,matching the estimate.Revenue was 47.2 billion dollars,versus an estimate of 47.342 billion.GE's infrastructure and NBC Universal earnings were up,while those of its consumer and industrial segment were down.CEO Jeff Immelt said that,while GE is not immune to the current environment,it is outperforming its peers.
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