GE 4Q profit cascade, sales fail to notice estimates

73 billion, otherwise 35 cents apiece share, compared with $4.54 billion, before 42 cents for each share a time earlier. Revenue fell 8 percent to $37.97 billion. The decline was largely due to the companys transaction of its majority stake all the rage NBC Universal to Comcast take time. But GE furthermore supposed it furthermore axiom slower growth inwards Europe, and its ongoing effort to create its GE assets financing arm added efficient concentrated revenue on the constituent by 9 percent.

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