General Electric Co (GE.N) posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation offset weak power and oil-and-gas profits, sending shares sharply higher in premarket trading.
...company’s aviation, transportation and healthcare businesses produced double-digit profit growth in the quarter, boosting overall results.
Profit at GE’s power business fell 38 percent on a 9 percent decline in sales; orders dropped 29 percent.
Submitted April 20, 2018 at 08:53AM by COMPUTER1313 https://ift.tt/2HNjB21
