(Reuters) - BOSTON, July 13 - General Electric Co. posted a 9.6 percent rise in quarterly profit Friday on good results in its commercial finance business and strong demand for products ranging from jet engines to gas turbines.
The company also said it had decided to exit the subprime lending business, where it recorded a loss in the quarter.
Read more at Reuters.com Bonds News
The company also said it had decided to exit the subprime lending business, where it recorded a loss in the quarter.
Read more at Reuters.com Bonds News
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