GE to take $11 bln hit in Q4

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General Electric shares fell after the company said it will take a $11 billion charge in fourth quarter for tax changes and its insurance portfolio. Aleksandra Michalska reports.

GE to take $11 bln hit in Q4

Tags : 11 billion charge, 11 billion charge15 bln, General electric, Ge, Ge capital, Aleksandra michalska, Statutory reserve contributions, Insurance portfolio, 15 bln

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