March 23, 2012
138
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2:56Now PlayingOct. 16 (Bloomberg) -- James Hardesty, president of Hardesty Captial Management, talks with Bloomberg's Deirdre Bolton about General Electric Co.'s third-quarter earnings reported today.¶
GE said profit from continuing operations fell 45 percent to $2.45 billion, or 22 cents a share, as the company scaled back real estate and consumer lending and sold fewer medical machines. Hardesty also discusses the possibility of GE selling it majority stake in NBC Universal. (Source: Bloomberg)
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