GE profit meets target as sales rise
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General Electric on Friday reported third-quarter profits of 4.05 billion dollars, matching Wall Street&#39;s expectations as revenues grew 15 percent at the diversified US conglomerate.
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General Mills Inc.  on Thursday  said quarterly profit edged higher, though increased marketing  spending and higher commodity costs tempered the increase.
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U.S. stocks rose on Friday as  investors got a dose of strong quarterly earnings reports from  companies, including Dow component General Electric Co. GE.N,  which posted better-than-expected profits.
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British computer and video games retailer Game Group Plc  said it expected its full-year profit to be ahead of an average market forecast after continued strong sales in the run-up to Christmas, boosting its shares.
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General Mills Inc  on Wednesday posted a 1 percent increase in quarterly profit, as higher sales were partially offset by more expensive marketing and a pizza recall.
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General Electric Co.  on Friday reported higher third-quarter earnings as strength across many of its financial and industrial businesses outweighed hurricane-related insurance losses.
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General Electric Co., the world&#39;s largest company by market value, said third-quarter profit rose 11 percent as acquisitions and economic growth spurred the biggest quarterly sales increase in four years.
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General Mills Inc.  on Thursday posted quarterly profit that was a penny shy of analysts' estimates as increased marketing spending and higher commodity costs tempered gains.
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General Mills Inc.  on Thursday said quarterly profit edged higher, though increased marketing spending and higher commodity costs tempered the increase.
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General Electric Co.  posted a 9.6  percent rise in quarterly profit Friday on good results in its  commercial finance business and strong demand for products  ranging from jet engines to gas turbines.
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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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(Corrects to make clear GEâs operating profit matched analystsâ forecasts in second paragraph)
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General Electric Co.&#39;s (GE) third-quarter earnings inched up 1 percent as strength across many of its financial and industrial businesses outweighed hurricane-related insurance losses, the company said on Friday.
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General Electric Co.  reported earnings in line with Wall Street's expectations on Friday, citing strong demand for jet engines, gas turbines and other heavy equipment, as well as solid results at its commercial finance unit.
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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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General Motors Corp.  said on Thursday that U.S. sales rose 3.4 percent in February, driven by an increase in retail sales, but set its target for second-quarter production 5 percent lower than a year ago.
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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.