GE earnings to remain challenged: analyst
Although beating its forecast this week, General Electric Co will continue to see challenges according to analysts.
GE Capital, GE’s finance arm, would still face economic downturn in commercial real estate market, and more problems as credit card customers, according to analyst Nick Heymann of Sterne Agee.
Its NBC Universal unit would also see profit fall.
“It's going to be pretty tough,” said Morgan Stanley media analyst Benjamin Swinburne. “It's not getting worse on national TV, but it's not getting any better.
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