General Electric Q1 Profit Hit By NBCUniversal Sale But 2014 Outlook Is Positive

General Electric reported a 15% drop in first quarter profit Thursday morning, a decline related to the company’s sale of its stake in NBCUniversal. However, shares of GE are up in early Thursday trading thanks to a 12% boost in industrial segment profits and a positive outlook for the rest of 2014.

by Amazon Auto Links
General Electric Q1 Profit Hit By NBCUniversal Sale But 2014 Outlook Is Positive

#GeneralElectric, #NBCUniversal, #PositiveGeneralElectric