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GE Q4 Profit Climbs 15%; Stock Rebounds

Globalization, weak dollar drive growth; stock price jumps

By Kevin Spak,  Newser Staff

Posted Jan 18, 2008 1:41 PM CST

(Newser) – GE profits rose 15% in the fourth quarter as overseas demand for jet engines and power turbines more than offset the weakness in the US economy, the company reported today. “They've really been a beneficiary of the whole global growth story,” an analyst...   Read full story »

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