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DewDiligence

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DewDiligence

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Re: OakesCS post# 4572

Friday, 01/18/2013 3:38:38 PM

Friday, January 18, 2013 3:38:38 PM

Post# of 29487

General Electric’s fourth-quarter earnings rose 7.5% as the conglomerate said demand in China and other emerging economies offset an "uncertain" outlook in developed markets like the U.S. and Europe. Profit climbed 12% in GE's industrial business, compared with the year-ago period, and the company said orders for big-ticket industrial equipment and services edged up slightly after two quarters of declines.

http://online.wsj.com/article/SB10001424127887323968304578249680745522260.html?mod=djemTAR_t

All told, a solid quarter. However, GE remains too dependent on the finance sub for my tastes; if it ever split off the industrial businesses, I would probably be a buyer.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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