General Electric Affirms Guidance

General Electric(GE Quote) joined the ranks of companies Wednesday that won't have to use the war as an excuse for poor earnings performance -- at least not now.

The conglomerate reportedly affirmed earnings projections for the quarter and year, citing solid sales of power systems -- something analysts have long been warning the company would have to stop counting on. The outlook was delivered by GE's chief financial officer at an investor conference and reported by wire services. ...