GE slashes profit outlook on finance troubles (Reuters)

General Electric Company Chairman and CEO Jeffrey Immelt answers a question during a news conference prior to the opening of GE China Technology Center in Shanghai October 23, 2003. (Claro Cortes IV/Reuters)Reuters - General Electric Co warned that turmoil in global credit markets could drive profit down as much as 12 percent this year, confirming Wall Street's fears about the vulnerability of the company's finance arm.


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