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GE profit falls, meets estimates, sells loan unit (AP)

Posted Friday July 11, 2008, 12:14 am, Over one day old

In this May 16, 2008 file photo,  a General Electric stove is on display at the Western Appliance store in Mountain View, Calif.  Industrial and financial conglomerate General Electric Co. announced Friday, July 11, 2008, that its profit fell 6 percent in the second quarter, and that it has agreed to sell its Japanese consumer finance business for $5.4 billion. (AP Photo/Paul Sakuma, file)AP - Industrial and financial conglomerate General Electric Co. said Friday its profit fell 6 percent in the second quarter, and has agreed to sell its Japanese consumer finance business for $5.4 billion.




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