GE TUMBLES AFTER CREDIT CRISIS SHOCK.

Autor: Farndon, Lucy
Zdroj: Daily Mail. 4/12/2008, p12a. 1/8p.
Abstrakt: GENERAL Electric, the world's third largest company, tumbled as much as 12% after the credit crunch resulted in its first quarterly profit drop since: The American conglomerate, which owns GE credit cards as well as infrastructure, medical equipment and industrial businesses, saw profit fall from £2.5bn to £2.2bn after it was forced to write down the value of some securities in the wake of the near collapse of Bear Stearns. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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