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General Electric Co. reported third-quarter earnings of...

General Electric Co. reported third-quarter earnings of $815 million, a 16% increase over last year’s period. Chairman John Welch said the plastics, financial services and medical systems units led the earnings gains, which he said would culminate in a highly profitable year. Fairfield, Conn.-based GE is the first major U.S. industrial concern to report third-quarter earnings.


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