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KM Financial Solutions | UPDATE 2-GE books $4.2 bln charge, restates earnings as expected
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UPDATE 2-GE books $4.2 bln charge, restates earnings as expected

12 Apr UPDATE 2-GE books $4.2 bln charge, restates earnings as expected

Posted at 23:12h in News by
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NEW YORK, April 13 (Reuters) – General Electric Co
said on Friday it took a $4.24 billion equity charge and reduced
earnings for the last two years by 30 cents a share, figures in
line with expectations the company set earlier this year when it
said it would comply with new accounting standards.

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