GE’s financial arm leads to earnings slide

View an online version of this email here.  All times are London time: Friday Apr 17 2009 Breaking news GE's financial arm leads to earnings slide General Electric, the industrial bellwether, on Friday reported a 40 per cent drop in first quarter earnings, beating analysts' expectations of an even steeper decline. GE's Capital Finance and NBC Universal led the earnings declines, falling 58 per cent and 45 per cent, respectively compared to the first quarter of 2008. But the falls were partially offset by a 19 per cent gain in its energy infrastructure division. Earnings from continuing operations fell 35 per cent to $2.8bn, or $0.26 a share. Revenues from continuing operations fell 9 per cent to $38.4bn. Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.