More on GE's Q3 earnings: Missed by $0.01? Where's Jack Welch when you need him? GE Capital...

More on GE's Q3 earnings: Missed by $0.01? Where's Jack Welch when you need him? GE Capital profits +11% Y/Y on revenues -5% Y/Y - commercial lending & leasing a particular weak spot with revenues off 9%. Infrastructure orders of $21.5B off 5% Y/Y driven by a decrease in orders for wind turbines. Immelt: "The overall environment remains challenging." Shares -1.8% premarket. (PR)

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Comments (4)
  • FrenchyL
    , contributor
    Comment (1) | Send Message
    What did Analysts expect from GE when the EU is falling apart?
    19 Oct 2012, 08:59 AM Reply Like
  • Energy9
    , contributor
    Comments (8) | Send Message
    Jack Welch is right where he should be...making snarky comments from the sidelines while GE continues to get it's act together.
    19 Oct 2012, 09:52 AM Reply Like
  • minecanary
    , contributor
    Comments (1413) | Send Message
    Wait until the gov't drops its huge subsidies for wind and solar. Immelt's strategy of living off the Obama teat will come home to roost.
    19 Oct 2012, 11:35 AM Reply Like
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
    Would love to see Welch come back to run plenty of lousy companies out there taking handouts and paying for favored status. /snark
    19 Oct 2012, 12:01 PM Reply Like
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