GE Capital (GE +0.1%) managed to turn a $0.6B profit in Q1, leading CEO Jeff Immelt to declare...

|By:, SA News Editor

GE Capital (GE +0.1%) managed to turn a $0.6B profit in Q1, leading CEO Jeff Immelt to declare losses at the unit "seem to have peaked." Commercial real estate "continues to be challenging," Immelt notes, "but the risks are understood and we expect them to be manageable."