Another Sell-Off: GE Profit Off 22% But NBC Uni Up 10% From Last Year
October 10, 2008 at: 1:53 pm | Posted under: Top Stories | No comments
10:30 AM: Dow is down 510 points, after a roller-coaster morning. All the stock market indices have plunged again. It’s incredibly alarming that now analysts aren’t comparing this crash anymore to 1987 but to 1929.
General Electric reported a 22% drop in 3rd-quarter earnings, meeting its own lowered forecast and blaming the decline on its struggling finance [...]
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