(Reuters) - BOSTON, July 13 - General Electric Co.
reported earnings in line with Wall Street's expectations on
Friday, citing strong demand for jet engines, gas turbines and
other heavy equipment, as well as solid results at its
commercial finance unit.
Those businesses helped offset weakness at the company's
WMC Mortgage subprime lending unit, which recorded a loss. GE
said it would sell that unit.
Read more at Reuters.com Market News
reported earnings in line with Wall Street's expectations on
Friday, citing strong demand for jet engines, gas turbines and
other heavy equipment, as well as solid results at its
commercial finance unit.
Those businesses helped offset weakness at the company's
WMC Mortgage subprime lending unit, which recorded a loss. GE
said it would sell that unit.
Read more at Reuters.com Market News
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