GE (GE) Offers 2012 Updates Ahead of Annual Outlook Investor Meeting

Ahead of its Annual Outlook Investor Meeting Tuesday, General Electric (NYSE: GE) is giving some updates for 2012:

• sees total sales up 5 percent
  
• sees profit up from 2011
  
• sees cash from industrial operations of $11-$12 billion in 2011 and 2012
  
• sees a $1 billion pension contribution next year (the company hasn't contributed to its pension since 1987)
  
• anticipating "strong global organic growth"
  
• sees its Finance unit performing "stronger than plan"

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