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Earnings

General Electric 1Q performance beats analysts' expectations

Updated : April 20, 2018 06:16 PM IST

The conglomerate booked a charge of $1.5 billion due to a settlement related to its former subprime mortgage business.
A year earlier it lost $117 million, or a penny per share.
General Electric Co. maintained its full-year earnings forecast of $1 to $1.07 per share.
General Electric 1Q performance beats analysts' expectations
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