GE profit rises, helped by power, aviation units
By Staff Reporter | Jan 23, 2015 07:46 AM EST
General Electric Co (GE.N) posted a rise in quarterly profit on Friday, helped by its businesses selling power-generating turbines and jet engines, although sales in its oil and gas unit slumped.
The U.S. conglomerate said its fourth-quarter net earnings rose to $5.15 billion, or 51 cents per share, from $3.21 billion, or 32 cents per share, a year earlier.
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