GE sees gain on Swiss Re stock sale
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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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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.
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General Mills Inc. said Monday it plans to buy back about 16.5 million shares of its common stock from beverage company Diageo PLC.
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Stock futures pointed to a rise on Wall  Street on Wednesday, buoyed by General Motors Corp.&#39;s   deal with the United Auto Workers, as well as expectations of  more Federal Reserve rate cuts.
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U.S. stocks opened higher on Friday,  after conglomerate General Electric Co. posted  better-than-expected earnings, giving the market some positive  news as it tries to bounce back from hitting fresh 2005 lows in  the previous session.
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Swiss Re RUKN.VX said it would inform   its employees on Monday on staff reductions of up to 2,000 by   the end of 2007, the reinsurer said, after its purchase of the   reinsurance units of General Electric GE.N.
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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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Shares of General Electric Co. GE.N  fell slightly before the bell on Friday after the industrial  conglomerate said quarterly earnings rose.
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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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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.
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Diversified manufacturer General Electric Co.  said on Friday it boosted its quarterly dividend by 10 percent and earmarked up to &#36;15 billion for share repurchases over the next three years.
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General Electric Co.âs third-quarter earnings rose 11 percent,and revenue jumped 15 percent as a rebounding economy and acquisitions drove a sharp increase in orders, the company said Friday.
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Diageo has raised $2.26bn (â¬1.84bn) from the sale of 49.9 million shares of common stock held in General Mills. The shares were sold for â¬45.
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Diversified manufacturer and financial services company General Electric Co. posted third-quarter earnings in line with Wall Street expectations on Friday, as revenue rose 15 percent on higher industrial sales
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Stock index futures rose, lifted by news of a General Electric deal to buy a Merrill Lynch lending unit.
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Diversified manufacturer General  Electric Co. GE.N said on Tuesday it expects earnings to grow  between 10 percent and 15 percent in 2005, boosted by strong     growth from its financial and energy units.
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General Electric is posting quarterly earnings in line with Wall Street expectations. The diversified manufacturer and financial services company says revenue rose 15 percent on higher