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Market Currents

Thursday, September 25, 2008
6:50 AM TweetThis
  • GE (GE) lowers Q3 guidance, sending shares down 5%. Index futures also gap down. GE now sees Q3 EPS of $0.43-0.48 (vs. $0.52) due to "weakness and volatility in the financial services markets." For 2008, it sees EPS of $1.95-2.10 vs. $2.21. [PR]
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