Dec 11, 2007

Jeffrey Immelt on GE earnings guidance

What I really want to give investors is a sense is that 10 percent is in the bag. I'm not going to put a happy face on the slowing U.S. consumer. Our businesses that touch housing in the U.S. are going to be challenged.

~ Jeffrey Immelt, CEO, GE Corporation, "GE Says Proft May Rise 10% Next Year", Bloomberg, December 11, 2007

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