GE announced fourth-quarter 2012 operating earnings of $4.7 billion, or $0.44 per share, both up 13% from the fourth quarter of 2011.
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GE announced third-quarter 2012 Operating Earnings of $3.8 billion, or $0.36 per share, up 10% and 50% respectively from the third quarter of 2011.
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Dubai, UAE; September 26, 2012: GE (NYSE: GE) has announced the appointment of Aziz Koleilat as President & Chief Executive Officer of GE Iraq and Levant. Koleilat will be responsible for developing and leading GE's growth strategy in Iraq and Levant with a focus on strengthening partnerships, driving localization and promoting innovation-based growth.
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GE announced fourth-quarter 2011 Operating Earnings of $4.1 billion, or $0.39 per share, up 6% and 11% respectively from the fourth-quarter of 2010. Revenues were $38.0 billion for the quarter and $147.3 billion for the year. Record Infrastructure orders of $28.6 billion in the fourth quarter enabled GE to end the year with a backlog of $200 billion, the largest in its history.
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- GE Units Team up to Offer Pumps, Gas Engines and Related Equipment
- An agreement with BP Iraq-N.V. for over $40 Million
Basra, Iraq; November 25, 2011: GE Oil & Gas is supplying an innovative, integrated package of pumps, gas engines and additional equipment to BP Iraq N.V. for Produced Water Re-Injection operations to increase production in the Rumaila oil field of southern Iraq.