Losses at GE's (GE) real estate unit rose again in Q2, to $524M - from $403M in Q1 and $237M a...

|By:, SA News Editor

Losses at GE's (GE) real estate unit rose again in Q2, to $524M - from $403M in Q1 and $237M a year ago - which GE says were "in line with expectations." Net profit of $3.11B marks GE's first profit growth since the financial crisis began. Still, revenue slipped 4.3% to $37.44B, short of analysts' $38.37B view. GE -1.1% premarket to $15.08.