GE profit falls, meets estimates, sells loan unit

Posted Friday July 11, 2008, 12:16 am, Over one day old

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. Fairfield-based GE earned $5.07 billion, or 51 cents per...

This post digest is 100% of the original post size.