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José Ruiz Varela, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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GE beats view with op. earnings growth of 44c

MADRID (MarketWatch)
General Electric Co. announced Friday that it earned $4.01 billion in the fourth quarter, or 38 cents a share, compared to $3.73 billion, or 35 cents, in the year-ago quarter
Operating earnings in the quarter were 44 cents a share, a gain of 13%, beating a 43-cent forecast of analysts surveyed by FactSet Research
Revenue for GE was $39.33 billion in the quarter, compared to $37.97 billion in the year-ago quarter
Analysts were forecasting revenue of $38.86 billion
"The outlook for developed markets remains uncertain, but we are seeing growth in China and the resource rich countries
With our largest backlog in history and a substantial amount of cash generated by our businesses in the fourth quarter, we have great momentum going into 2013," said GE Chairman and CEO Jeff Immelt
Posted by El Genio at viernes, enero 18, 2013

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