(Reuters) - Those businesses overshadowed weakness at its loss-making subprime lending unit, WMC Mortgage, which GE has decided to put up for sale.
The world's second-largest company by market capitalization also said it would roughly double its 2007 share buyback to $14 billion. It will use some of the funds budgeted for the planned $8.1 billion purchase of the diagnostics business of Abbott Laboratories Inc. . That deal was scrapped this week.
Read more at Reuters.com Mergers News
The world's second-largest company by market capitalization also said it would roughly double its 2007 share buyback to $14 billion. It will use some of the funds budgeted for the planned $8.1 billion purchase of the diagnostics business of Abbott Laboratories Inc. . That deal was scrapped this week.
Read more at Reuters.com Mergers News
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