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GE's Fourth-Quarter Earnings Rise 20% (Update 1)

GE Capital's "ending net investment" (ENI), which excludes non-interest bearing liabilities, cash and equivalents, was $380 billion as of Dec. 31, down from $385 billion the previous quarter and $419 billion a year earlier.  Immelt's goal is for the finance unit's ENI to shrink to a range of $300 billion to $350 billion.

GE's stock was down 2.4% in early trading, to $27.33.

This chart shows the performance of General Electric's stock against the Dow Jones Industrial Average  and the S&P 500 since the end of 2011:

GE Chart data by YCharts


-- Written by Philip van Doorn in Jupiter, Fla.

Philip W. van Doorn is a member of TheStreet's banking and finance team, commenting on industry and regulatory trends. He previously served as the senior analyst for Ratings, responsible for assigning financial strength ratings to banks and savings and loan institutions. Mr. van Doorn previously served as a loan operations officer at Riverside National Bank in Fort Pierce, Fla., and as a credit analyst at the Federal Home Loan Bank of New York, where he monitored banks in New York, New Jersey and Puerto Rico. Mr. van Doorn has additional experience in the mutual fund and computer software industries. He holds a bachelor of science in business administration from Long Island University.
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GE $26.92 -1.30%
AAPL $126.34 -1.80%
FB $77.64 -1.50%
GOOG $531.13 -1.80%
TSLA $233.17 1.20%


DOW 17,950.95 -119.45 -0.66%
S&P 500 2,090.69 -23.80 -1.13%
NASDAQ 4,944.5360 -72.3930 -1.44%

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