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Article updated: 4/19/2013 11:15 AM

GE 1Q earnings rise on NBC sale; Europe drags

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GE says net income rose 16 percent in the first quarter, helped by improved profit from selling aircraft engines and transportation equipment and a gain from its sale of NBC Universal.

Associated Press

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General Electric Corp. earnings rose in the first quarter on increased profit from selling aircraft engines and transportation equipment and the sale of NBC. But results were held back by economic conditions in Europe that were worse than expected.
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