GE shares jump 10% on profit beat, higher 2020 cash target
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(Reuters) - General Electric Co sold more investors on its turnaround story on Wednesday, sending shares 10% higher on its quarterly profit and cash results that beat forecasts, and its bullish cash target for 2020. The results marked a fourth consecutive quarter that GE beat its forecasts, reinforcing a view that Chief Executive Officer Larry Culp was making progress in rescuing the ailing maker of jet engines, power plants, medical imaging equipment and other industrial goods."It's still in a..