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GE takes $4.2 billion charge, restates earnings

NEW YORK (Reuters) - General Electric Co said on Friday it will take a charge of $4.24 billion in the first quarter and reduce earnings over the last two years by 30 cents a share, figures in line with expectations the company set earlier this year when it said it would comply with new accounting standards.

GE takes $4.2 billion charge, restates earnings
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