GE posts first quarter loss of $13.6 billion

April 17, 2015 1:21 PM

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NEW YORK—One week following the announcement that it would dismantle most of its GE Capital financing operations to instead focus on its industrial roots, General Electric reported a first quarter loss of $13.6 billion.

The results were mpacted by charges relating to the conglomerate's strategic shift. A year ago GE reported a first quarter profit of $3 billion.

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