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GE Aerospace reports strong earnings and M&A news

The Motley Fool +1 · ·by G4L

GE GE Aerospace
$337.91 +0.71%
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GM -1.07% CRM -0.68%
  1. 1GE Aerospace achieved results with engine revenue exceeding consensus by 7%.
  2. 2General Motors recorded $2.5 billion in share buybacks in the third quarter and announced approval for $20 billion in new share buybacks.
  3. 3Salesforce announced the acquisition of Braze for approximately $5.7 billion.

So what's the key point?

GE Aerospace earned 7% more money from engine sales than experts expected. General Motors bought back a lot of its own shares, and Salesforce decided to acquire another company.

Source The Motley Fool +1 · View original ↗

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