GE's Profit Climbs 57%

GE's Profit Climbs 57%


BY MIA LAMAR

General Electric Co.'s third-quarter earnings rose 57% as energy-infrastructure gains helped offset flat revenue at the GE Capital finance arm and the absence of media company NBC Universal.

GE reported a profit of $3.22 billion, up from $2.06 billion a year earlier. On a per-share basis, which includes eight cents a share ...

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Editor's note:  Your ProbateShark wonders how much GE's chain of nursing homes contributed to this profit? Wasn't Mrs. Cefalu in one of GE's nursing homes?  Lucius Verenus, Schoolmaster, ProbateSharks.com