KM Financial Solutions | UPDATE 1-GE posts $10 bln loss as quarterly revenue drops 5 pct
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UPDATE 1-GE posts $10 bln loss as quarterly revenue drops 5 pct

UPDATE 1-GE posts $10 bln loss as quarterly revenue drops 5 pct

Jan 24 (Reuters) – General Electric Co reported a
5-percent fall in revenue and a $10 billion loss for the fourth
quarter on Wednesday, driven by an already announced $11-billion
charge for insurance losses and taxes.

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