Tough Dog Says "Donate"
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Posted on 04/21/2011 5:57:46 AM PDT by ilovesarah2012
General Electric Co. reported a 77% increase in first-quarter earnings, lifted by marked improvement at its GE Capital financing arm and gains at most of its industrial units.
The company also boosted its quarterly dividend by a penny to 15 cents. The move marks GE's third dividend increase in the past year, although the payout remains well short of GE's 31-cent dividend before the financial crisis and economic downturn.
Many companies have been boosting dividends, looking to give cash back to shareholders as the need to hoard it wanes amid an improved economy.
GE shares were up 2.7% to $20.95 in recent premarket activity. The stock has risen 12% year-to-date through Wednesday, with GE's strong first-quarter results following a fourth-quarter report in January that showed substantial evidence of a turnaround.
(Excerpt) Read more at online.wsj.com ...
Crime pays.
Crony capitalism. Gives the real thing a bad name.
There is not a single product or service that has the GE brand on it that I will buy or use.
The ones that are currently in my possession will be replaced by other brands as the need arises.
The profit in our household would increase 30% if we didn’t have to pay taxes, as GE gets away with by giving millions to Democrats. Bribery definitely pays.
You beat me by 2 seconds!!
GE PROFITS JUMP 77%?!?!?!?!
WAIT...WHAT?!?!?!
Hey, I just saw the silver lining!!!!
TAX THE HELL OUT OF GE TO PAY DOWN THE DEFICIT!!! Yeah, that’s the ticket!!! This is going to solve ALL of our budget problems!! Woooohooooooo! Way to go, Obama!!!
/sarc
Behind those new squiggly lightbulbs GE benifits the biggest! Cost ten times more than the old ones and 100 times more toxic!
It’s good to know the King.
TAX FREE with a friend in the White House!
Relax, it’s all part of mac daddy, the liar, hopey-changey thingy.
The US flirts with fascism.
It is good to know the King.
It’s good to have a president in your back pocket.
Didn’t GE sell a turkish bank?
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