GE posts higher quarterly profit, helped by aviation, oil and gas

By Reuters

Oct 17, 2014 07:07 AM EDT

General Electric Co (GE.N) posted higher quarterly net income on Friday, helped by sales of its jet engines and oil and gas equipment.

The U.S. conglomerate's third-quarter net income rose to $3.54 billion, or 35 cents per share, from $3.19 billion, or 31 cents per share, a year earlier.

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