US bellwether General Electric beats earnings forecasts

US utility company General Electric has just beaten earnings forecasts, making $0.36 per share in the second quarter, rather than the $0.35 expected.

Revenues less satisfying, making just $35.12bn as opposed to estimated revenues of $35.56bn.

The company is often seen as an indicator of future economic performance in the US, and said that it saw strong growth in orders from this quarter.

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