Posts Tagged ‘ Jeff Immelt ’

GE First Quarter Earnings Soar

Apr 21st, 2011 | By
GE First Quarter Earnings Soar

GE announced strong first-quarter earnings Thursday. Large gains stemmed partly from the performance of GE’s commercial lending and leasing service, GE Capital, which was able to set aside less money to cover bad loans, and a result tripled its profit to $1.8 billion after taxes. GE reported revenue of $38.4 billion, an increase of 6
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