The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Travis_Bickle	10/10/2008 6:39:04 AM
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General Electric on Friday posted third-quarter results in line with the lowered outlook it gave in September. GE's net income dropped 22% to $4.31 billion, or 43 cents a share. From continuing operations, it earned 45 cents a share; GE had guided for earnings between 43 cents and 48 cents a share. Revenue rose 11% to $47.23 billion. GE said industrial growth should continue, and said the total orders backlog is up 20% to $170 billion. It added it's on track to earn roughly $20 billion this year. marketwatch.com{B42CB19B-F05F-4685-AC87-3103A78F9994}&dist=msr_2

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