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Reuters: GE shocks market with profit drop, shares tumble

Started by dave, April 12, 2008, 03:25:03 AM

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dave

GE shocks market with profit drop, shares tumble
      


BOSTON (Reuters) - General Electric Co posted an unexpected 6 percent drop in first-quarter profit on Friday, the biggest shock yet to an American industrial bellwether from the credit crisis and the latest sign the U.S. economy may be in a recession.
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