Text: | Print|

    GE industrial earnings rise

    2015-01-26 10:07 Global Times/Agencies Web Editor: Qin Dexing
    1

    General Electric Co reported a 9 percent rise in quarterly industrial profit on Friday as its businesses that sell power-generating turbines and jet engines helped offset weak sales in its oil and gas unit.

    Fourth-quarter net income rose 61 percent to $5.15 billion, or 51 cents per share, from a year earlier.

    Revenue rose 4 percent to $42 billion, just missing Wall Street estimates of $42.16 billion.

    GE CEO Jeff Immelt said the conglomerate recognized the risks from low oil prices.

    Comments (0)
    Most popular in 24h
      Archived Content
    Media partners:

    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.

    主站蜘蛛池模板: 天水市| 新巴尔虎左旗| 乌审旗| 唐海县| 盐津县| 陆川县| 弋阳县| 黑河市| 咸宁市| 沙田区| 明光市| 桐城市| 会同县| 岑溪市| 开阳县| 揭西县| 贺州市| 高州市| 达孜县| 商城县| 贵港市| 象山县| 襄垣县| 易门县| 长岛县| 石景山区| 化隆| 蒲江县| 响水县| 宝兴县| 通城县| 鄯善县| 龙陵县| 塘沽区| 阿城市| 罗源县| 彰化县| 将乐县| 龙泉市| 昌邑市| 莱阳市|