GE Profits Tumble 22 Percent; 'Challenging' Q3 for Healthcare Business | GenomeWeb
NEW YORK (GenomeWeb News) – General Electric today posted a 22 percent decline in profit, attributable primarily to difficulties in its Capital Finance segment and Consumer and Industrial segment. The firm’s GE Healthcare unit, which is now part of the Technology Infrastructure segment, posted an 8 percent decline in Q3 profit.
 
The Fairfield, Conn.-based diversified industrial products and media giant brought in total revenues of $47.2 billion, an 11 percent increase over revenues of $42.5 billion in the third quarter of 2007.

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