GE Profit Down 44%, Shares Fall Premarket

January 22, 2009

General Electric Co. reported a 44% drop in quarterly profit on weakness at GE Capital and its lighting and appliance units, as the conglomerate and economic bellwether closed out one of the toughest years in its 117-year history.

*For more on this story,

read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Autobytel Rules Out Sale, Weighing Other Options

2008 Job Loss Tally: 41,400 Workers, 6.5% Unemployment

staff-author

GE Profit Down 44%, Shares Fall Premarket

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

Lantronix Shares Fall After Earnings

Anduril, Partners Working on Golden Dome

Sunstone Hotel Investors Report RevPAR Up 14% in Q1

Related Articles

Lantronix Shares Fall After Earnings

Anduril, Partners Working on Golden Dome

Sunstone Hotel Investors Report RevPAR Up 14% in Q1

UCI Business School Cuts Some MBA Programs Tuition Up to 38%

Midday Stock Roundup: Skyworks Drops on Inventory Concerns

Advertise With Us

About Us

Subscriber Links

Other Journals