GE profit rises, cash outflow slows, shares jump 10 percent

April 30, 2019 admin Business News Comments Off on GE profit rises, cash outflow slows, shares jump 10 percent

General Electric Co said on Tuesday it generated more profit and lost less cash than expected in the first quarter, suggesting an improving outlook under its new leader and sending its shares up more than 10 percent in premarket trading.

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Source:: Reuters – Business News