More on GE Q4 earnings: Industrial segment organic growth +4% for the quarter, +8% Y/Y. Backlog...


More on GE Q4 earnings: Industrial segment organic growth +4% for the quarter, +8% Y/Y. Backlog of equipment and services highest ever at $210B. Immelt: Outlook uncertain for developed markets, "but we are seeing growth in China and the resource-rich countries." Stock repurchases of $2.1B in Q4, $5.2B for 2012. Shares +1.9% premarket. (PR)

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  • htgolf
    , contributor
    Comments (7) | Send Message
     
    I think stock buybacks are a waste of money. Either give the money back to the investors through increased dividends or grow the company.
    18 Jan 2013, 11:45 AM Reply Like
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