GE profit meets expectations
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General Electric Co  on Friday posted a 4 percent rise in net profit, which met Wall Street expectations, driven by strong demand for heavy equipment such as jet engines and electricity-producing turbines.
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General Motors Corp. said on Thursday it expects to significantly improve operating results, including earnings and cash flow, over the next two-to-three years.
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General Electric Co. (GE.N: Quote, Profile, Research) on Friday said third-quarter earnings rose as profit gains across many of its financial and industrial businesses outweighed hurricane-related costs.
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Procter & Gamble Co. PG.N on Thursday  backed its quarterly profit outlook, helped by sales of new  products and continued gains in developing markets.
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British computer and video games  retailer Game Group Plc  said on Monday it expected its  full-year profit to be ahead of an average market forecast  following a continued strong sales performance.
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General Motors Corp.  said on Wednesday it swung to a profit in the fourth quarter as it cut costs and saw gains in its core auto operations.
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General Electric Co.  reported a 9.6 percent rise in quarterly earnings Friday, in line with Wall Street expectations, on strong demand for jet engines, gas turbines and other heavy equipment, sending its shares to a five-year high.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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US industrial giant General Electric says its profit in the last three months of 2007 rose 4% to $6.7bn.
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General Motors Corp.  on Wednesday said it swung to a profit with its delayed fourth-quarter results as it cut costs through a sweeping restructuring and saw gains in its core auto operations.
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Earnings meet analyst expectations, and company continues to gain momentum through wireless and fiber-to-the-home business.
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Discount retailer meets expectations, forecasts 19% earnings gain next quarter.
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General Electric Co. GE.N on Friday  said third-quarter earnings rose as profit gains across many of  its financial and industrial businesses outweighed  hurricane-related costs.
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General Electric Co.  backed its first-quarter and full-year earnings forecasts on Thursday and said it expects a $565 million pretax gain from divesting a 33.3 million share stake in Swiss RE .
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United Parcel Service Inc  on Tuesday posted a better-than-expected profit citing growth in its global business, supply chain and freight unit, plus modest growth in its U.S package business despite a "sluggish" economy.
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Stocks looked set to snap back on Friday as IBM  delivered a higher-than-expected profit forecast and economic bellwether General Electric Co  posted earnings that met Wall Street expectations.
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General Electric Co  posted a 4 percent rise in net profit on Friday, matching Wall Street expectations, with strong demand for heavy equipment from outside the United States offsetting the effects of a slowing domestic economy.