The Traderszone Network

Published in TZ Latest News 18 July, 2014 by The TZ Newswire Staff

GE net profit rises, helped by jet engine, oil equipment sales

The U.S. conglomerate said it was targeting the initial public offering of its North American retail finance business for the end of the month, in line with its previous plans to exit the business as the company slims down GE Capital. Excluding items, operating earnings of 39 cents a share matched the average estimate of analysts, according to Thomson Reuters I/B/E/S.