Friday, April 13, 2007

GE's First-Quarter Profit Rises 8 Percent on Health Care, Aviation, Power

(Bloomberg) -- General Electric Co., the world's second-biggest company by market value, said first-quarter profit rose on international sales of aviation, power-plant and health-care equipment.

Profit from continuing operations climbed 8 percent to $4.51 billion, or 44 cents a share, from $4.18 billion, or 40 cents, matching analysts' estimates. Revenue grew 5.7 percent to $40.2 billion, Fairfield, Connecticut-based GE said today in a statement sent by Business Wire.


Read more at Bloomberg Energy News

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