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GE cuts forecast… so?

Started by Joelle, September 26, 2008, 02:04:11 AM

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Joelle

GE cuts forecast... so?
      


How big is the $700 billion financial bailout package for the markets? Big enough that a change in perception as to whether it will pass can overshadow a cut in outlook from industrial and financial powerhouse General Electric.
 
Initially down after GE slashed its quarterly and full-year forecast, Dow Jones futures turned higher in later pre-market [...]
         

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