GE posts record earnings, revenue

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Fairfield, Conn.--Citing strong gains by its business-to-business divisions, GE Thursday posted second-quarter earnings of $2.82 billion, up 15% from a year earlier. Revenue rose 9% to a record $27.4 billion. GE Plastics' e-commerce initiatives continued to grow, with 15% of its Polymerland distribution business now conducted over the Internet. GE's NBC unit also turned in a strong quarter.
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