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Archive Home > 2010 > July > 17 > GE breaks string of profit declines

GE breaks string of profit declines


July 17, 2010

Cost cutting and an improved financial business helped General Electric Co. post its first increase in quarterly profit since 2007 on Friday, but sales remained sluggish for the industrial and financial giant.

The better earnings ended a long string of declines at the Fairfield, Conn.-based....

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