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Business, Stocks

“GE Stock Jumps As Earnings Top, Free Cash Flow Estimate Raised” [89% Earnings Jump]

“…Estimates: Analysts, on average, expected GE earnings per share of 46 cents on revenue of $14.762 billion. Year-over-year comparisons were muddied by the GEHC spinoff. Results: GE earnings came in at 68 cents a share, up 89% from 36 cents… Continue Reading…

Economy

“Raised Menu Prices: Food Is Getting More Expensive”

“EDITOR NOTE: Here’s what to look forward to this summer: higher grocery bills, raised menu prices in restaurants, and reduced food package sizes for the same prices. Just about every company in the food services industry is experiencing an uptick… Continue Reading…