GE registers 46% earnings decline
Article Abstract:
General Electric Co. of the United States posted a 46 percent fall in earnings with a net income report of $3.06 billion in the fourth quarter. Results were influenced by a $2.9 billion expense associated with the recent divestment of its reinsurance business.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Company Profile
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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GE's net rises, but profit margins disappoint
Article Abstract:
Although profits rose 4.4% in the second quarter, General Electric Co.'s profit margins declined, sending shares downward . The company still expects to meet its earnings projections of $1.94 to $2.02 a share for 2006.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Forecasts, trends, outlooks, Securities issued, listed, Securities, Company securities, Company business forecast/projection, Company forecasts
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: United States, Electrical equipment and supplies industry, Electric equipment industry, Company sales and earnings, General Electric Co., GE, Company earnings/profit
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