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GE Beats Estimates as Energy Sales Buoy Industrial Unit

General Electric Co. climbed to the highest in more than two weeks after first-quarter earnings topped analysts’ estimates, propelled by profit gains at the energy business, its largest industrial division.

Earnings from continuing operations rose less than 1 percent to $3.59 billion, or 34 cents a share, excluding some costs, from $3.56 billion, or 33 cents, a year earlier, GE said today in a statement. That exceeded the 33-cent average of 13 analysts’ estimates compiled by Bloomberg.