More on GE Q4: Net profit rises 5%

|By:, SA News Editor

GE (GE +1.4%) net profit $4.2B vs $4B last year.

GAAP earnings from continuing operations +20% to $5B.

Industrial segment profit +12%, with six of seven segments growing earnings; organic revenue +5%.

U.S. orders +8%, growth market orders +13%, Europe orders +3%.

Margins up 100 bps vs. 4Q12.

Cuts $1.6B in industrial structural costs in 2013, ahead of plan

GE Capital Q4 earnings +38%.

At the year end, GE had $89B in cash.

The company's 2014 framework remains unchanged.

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