GE sees non-U.S. gains: better than half of revenue to come from other nations

Article Abstract:

General Electric Co. expects to post 2007 earnings growth exceeding 10%, with more than half its revenue coming from outside the US. Nations ordering its infrastructure products and services include Eastern Europe, India, China, South America, and Saudi Arabia. Foreign business comprised 49% of GE's sales last year.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Foreign trade, Electrical equipment and supplies industry, Electric equipment industry, International trade, General Electric Co., GE

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U.K. Coal's property lifts profit, shares: company shifts focus as it converts sites but sees future in fuel

Article Abstract:

First-half net profit for UK Coal PLC more than tripled, rising to 53.57 mil pounds sterling, with pretax profit increasing to 40.6 mil pounds sterling. Figures were boosted by the firm's property business, which rose from 19.9 mil pounds sterling last year to 54 mil pounds sterling this year.

COAL MINING, United Kingdom, Coal industry, UK Coal PLC

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GM sees quarterly charge offset by one-time gain

Article Abstract:

General Motors Corp. (GM) will assume a 1999 fourth-quarter charge of $444 million (430.3 million euros). The charge reflects the increased costs for pensions for retired US United Auto Workers employees.

United States, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Finance, General Motors Corp., Transportation equipment industry

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