General Electric reports about cooler market

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

Softer energy market forced William Blair to decrease the profit forecast of the General Electric Co. However, its share price is predicted to increase by 13% to 68 cents annually as compared to 60 cents at the moment. William Blair declined his earning forecast for General Electric to $1.56 a share from $1.60. Fact Research expects even lower earnings of $1.54 a share. After the report General Electric share price lost 1%.

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