From the Atlanta Business Chronicle:
General Electric Co.'s profit dropped 6 percent in the first quarter, but its Atlanta-based GE Energy unit fared better.
GE Energy posted segment profit of $907 million on $5.6 billion in revenue, compared with segment profit of $689 million on $4.7 billion in revenue in the first quarter of 2007....
..."Demand for our global Infrastructure business remained strong, but our financial services businesses were challenged by a slowing U.S. economy and difficult capital markets," said Jeff Immelt, GE chairman and CEO....