GE's Transformation Seen Paying Off in 05
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After three years of playing down expectations, General Electric Chief Executive Jeff Immelt has delivered on the most important promise of his tenure by telling analysts and investors exactly what they wanted to hear: GE is back.
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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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Diversified manufacturer General Electric Co. (GE) on Friday said it boosted its quarterly dividend by 10 percent and earmarked up to $15 billion for share repurchases over the next three years.
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The company plans to more than double its output by 2006.
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General Electric Co. GE.N on Friday  posted an 18 percent rise in quarterly profit, driven by  broad-based growth as it won new jet engine service contracts  and had solid orders for ultrasound equipment.
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The retailer shows its turnaround may be working.
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General Motors Corp  said on Thursday it sees significantly improved operating earnings and cash flow in the next two to three years, but expects high fuel prices and declining consumer confidence to be a drag on U.S. sales this year.
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Rick Wagoner said G.M. had made major progress in turning around its fortunes last year and urged patience for the long term.
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Diversified manufacturer General  Electric Co. GE.N on Friday said it boosted its quarterly  dividend by 10 percent and earmarked up to $15 billion for  share repurchases over the next three years.
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Quarterly profits were up 55%. It's a possible takeover target. Is it a good option for investors?
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Another impressive first quarter, but business may be softening.
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The news is often sobering these days. But they&#39;re smiling at General Electric (nyse: GE - news - people ), where the company posted third-quarter earnings that are up 11%, with revenue rising 15%.
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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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Management changes might make this a good value play.
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Company will make components as well as devices in 2005.
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After three years of playing down  expectations, General Electric Chief Executive Jeff Immelt has  delivered on the most important promise of his tenure by  telling analysts and investors exactly what they wanted to  hear: GE is back.
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Are we looking at the middle of a turnaround story?