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GE profit tops Street view as cost cuts pay off

GE profit tops Street view as cost cuts pay off

General Electric Co called the end to its two-year slump on Friday, reporting earnings that beat Wall Street forecasts and saying profit should rise through the rest of 2010.

 

GE sees its finance unit profitable in 2009

GE sees its finance unit profitable in 2009

General Electric Co expects GE Capital to be profitable this year, though if the U.S. economy deteriorates more than the Federal Reserve currently estimates, the finance unit could post break-even results, company executives said on Thursday.

 

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