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KM Financial Solutions | GE takes $4.2 bln charge, restates earnings
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GE takes $4.2 bln charge, restates earnings

12 Apr GE takes $4.2 bln charge, restates earnings

Posted at 21:21h in News by
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NEW YORK, April 13 (Reuters) – General Electric Co
said on Friday it will take a charge of $4.24 billion in the
first quarter and reduce earnings over 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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