Friday, April 13, 2007

GE profit up, driven by infrastructure growth

(Reuters) - BOSTON, April 13 - General Electric Co. reported higher first-quarter earnings on Friday, with strong demand for heavy equipment driving the infrastructure segment, while the GE Plastics business weighed on industrial results.

GE, whose operations range from jet engines to NBC media, said net earnings rose to $4.51 billion, or 44 cents per diluted share, from $4.44 billion, or 42 cents per share, a year earlier.


Read more at Reuters.com Market News

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