IIPM-Press :- GE(General Electric)

It’s in a bad shape and is pulling GE down!” The company announced their second quarter 2006 earnings on July 18, 2006 disclosing a 9% rise in revenues to touch $39.9 billion over the quarter previous year. Margins increased by only 4.3%. Ironically, while GE confirmed its results to be ‘higher than expected’, they left their earnings outlook for the third quarter unchanged, causing their stock prices to fall by 1.7% the next day! Margin pressures are still rampant. According to Ferdinand Cornelli, Analyst, PwC, “The global industrial growth stands at 10-13%.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)