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GE’s Second-Quarter Results: No Break from GE Power’s Underplay

Samuel Prince
GE’s Second-Quarter Results: No Break from GE Power’s Underplay

General Electric: Is There a Light at the End of the Tunnel? On June 26, General Electric (GE) went “long” on its Power segment. The segment’s share in General Electric’s Industrial segment’s gross revenues before corporate eliminations was 26% in the second quarter—compared to 33% the previous year.