GE revenue beats expectations, calming nerves
By Ernest Scheyder (Reuters) – Strong sales to aviation customers helped General Electric Co’s first-quarter revenue beat Wall Street expectations on Friday, assuaging fears of a miss after a lukewarm report on March U. S. factory activity. The world’s biggest maker of jet engines and electric turbines said revenue rose slightly to $35 billion, surpassing the $34. 51 billion analysts had expected, according to Thomson Reuters I/B/E/S. . . .
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