GE profit drops on finance and NBC
Inside: Secured Loans UK Quotes
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GE profit drops on finance and NBC
Reuters – BOSTON (Reuters) – General Electric reported a better-than-expected quarterly profit as strength at its energy equipment business offset falling earnings at its hefty finance arm and the NBC Universal media affiliate.
London close: Lloyds and RBS lead the advance
ShareCast – London’s leading shares ended the week on a muted high note, with financials leading the way on a day when Citigroup confirmed the renaissance of US banking giants.