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GE Slips as Tight Industrial Margins Overshadow Profit, Dividend
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General Electric Co. fell the most in a month as tighter margins in industrial divisions overshadowed a fourth straight quarter of profit growth combined with a dividend increase.
The company boosted its quarterly payout for the third time since July after earnings from continuing operations rose 58 percent to $3.58 billion, or 33 cents a share, excluding pension costs. That topped analysts’ 28-cent average estimate.