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GE announced its 2014 results this morning, capping a year in which the company launched the biggest acquisition bid in its history for Alstom, took public its consumer lending business, Synchrony, and announced the sale of its Appliances business to Electrolux.
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GE reported a double-digit increase in industrial profits for the first half of 2014 today. The growth has been fueled by the company’s long-term strategy to build up its industrial units, shrink its financial services business and grow investment in new technologies and research.