GE (GE +5.1%) soars following mixed headlines on its earnings report, but details showing 50 bps...

|By:, SA News Editor

GE (GE +5.1%) soars following mixed headlines on its earnings report, but details showing 50 bps of margin improvement, growing orders, and backlogs surging $7B to an all-time high $223B (slide 3 of presentation). Margin improvement in H2 will be driven by the power and water business, says Jeff Immelt on the CC (the company has a goal of 70 bps for 2013, slide 5).