GE 3rd-Quarter Net Rises as Immelt Spurs Sales Growth
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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 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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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 Motors Corp  said on Thursday its global sales rose 4 percent in the third quarter, but said U.S. sales would be subdued in the fourth quarter and would be flat next year.
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Tool maker Black & Decker Corp  reported better-than-expected third-quarter earnings on Thursday as sales growth helped offset higher commodity prices, sending its shares up 8 percent.
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Tool maker Black & Decker Corp  reported better-than-expected third-quarter earnings on Thursday as sales growth helped offset higher commodity prices, sending its shares up about 6 percent.
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U.S. securities brokerage A.G. Edwards Inc.  on Wednesday said its third-quarter earnings rose 23 percent on higher client assets and money-management revenue, combined with cost-cutting.
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STAMFORD, Conn. -- General Electric Co.&#39;s third-quarter earnings rose 11 percent and revenue jumped 15 percent as orders rose sharply, the company said Friday.
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General Electric Co. GE.N 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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Cognizant Technology Solutions Corp., a provider of software maintenance services, said Tuesday that third-quarter profit rose 63 percent as sales jumped 58 percent.
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General Electric Co. said Friday its fourth-quarter profit rose 4 percent on strong global demand, and it reaffirmed its outlook for fiscal 2008.
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3M Co , whose products range from Scotch tape to optical films for liquid crystal displays, on Friday posted a higher quarterly profit, helped by strong demand in international markets.
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Swiss pharmaceutical giant Roche Group on Thursday announced third-quarter sales up 9 percent from the same period last year, driven by strong growth from its two leading cancer treatments.
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Diversified industrial firm Ingersoll-Rand Co. on Thursday said its third-quarter profit rose 53 percent on a 15 percent gain in revenue.
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General Electric Co. GE.N expects  earnings per share to grow between 10 percent and 15 percent in  2005, boosted by strength in its energy and financial  businesses, the diversified manufacturing and services company  said on Tuesday.
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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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The investment firm reported strong third-quarter earnings.