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GE Plunges After JPMorgan Casts Doubt on Profit Forecast

Rick Clough
GE Plunges After JPMorgan Casts Doubt on Profit Forecast

General Electric Co., mired in a deep slump and facing an accounting probe, has conceded that any turnaround will be slow coming. Now, a JPMorgan Chase & Co. analyst says it’s worse than you think.