Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (93837)	7/12/2002 6:49:58 AM
From: Gottfried	Read Replies (1) \| Respond to of 99280

GE's Net Income Rises 14 Percent Fri Jul 12, 6:19 AM ET FAIRFIELD, Conn. (Reuters) - General Electric Co. on Friday said second-quarter earnings rose 14 percent on strong gas turbine sales, but reinsurance losses and a write-down on WorldCom Inc. bonds nicked the conglomerate's profits. The maker of everything from jet engines to light bulbs to washing machines said it earned $4.4 billion, or 44 cents a share, compared with $3.89 billion, or 39 cents a share, in the year-ago quarter. Analysts were looking for GE to earn 43 cents to 46 cents a share with a mean of 44 cents, according to research firm Thomson First Call.[snip] story.news.yahoo.com