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GE boosts outlook on aerospace gains, rebound in renewables

Por: The Boston Globe Business July 26, 2023

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General Electric raised its full-year guidance and reported second-quarter results that blew past Wall Street’s expectations as the manufacturer capitalizes on rebounding renewable-energy orders and an air travel boom that continues to drive demand for jet engines.Adjusted earnings in 2023 will be $2.10 to $2.30 a share, the maker of aerospace and power-generation equipment said Tuesday in a statement. That’s up from no more than $2 and... + full article



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