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Europe pulls plug on GE $$

NEW YORK — General Electric yesterday fell the most since 2011 after a first-quarter slide in its Power & Water business pulled total industrial earnings down 11 percent.Profit at GE’s manufacturing businesses fell to $2.94 billion as sales slid 5.7 percent to $22.7 billion. The decline was… …read more
Source: NY Post

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Posted by on April 22, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.