UPDATE 3-GE stock drops as profit misses, CEO cuts forecast
19 Oct UPDATE 3-GE stock drops as profit misses, CEO cuts forecast
Posted at 12:16h
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by KMFSLLP
NEW YORK, Oct 20 (Reuters) – General Electric Co’s
third-quarter profit missed Wall Street estimates by a wide
margin on Friday and the industrial conglomerate slashed its
earnings forecast, sending the year’s worst-performing Dow stock
down another 6 percent.
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