(Reuters) – General Electric Co on Friday reported a 2.5 percent rise in profit from continuing operations, topping Wall Street expectations, as solid demand in the United States and emerging markets offset weakness in Europe. The largest U.S. conglomerate by revenue stuck with its forecast for the rest of 2012, saying it would increase earnings at a double-digit percentage rate by pushing profit margins higher. In a move intended in part to cut costs, GE said it will break up its big energy division into three separate units. …
Read more: GE Q2 profit tops Wall St view in ‘challenging’ economy
