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Archive Home > 2008 > September > 26 > GE slashes its 2008 earnings forecast

GE slashes its 2008 earnings forecast


September 26, 2008

HARTFORD, Conn. — General Electric Co., the industrial powerhouse that makes everything from jet engines to light bulbs, cut its earnings forecast for the year on Thursday, blaming volatile financial markets that have damaged the profitability of its loan and lease business, which....

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