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General Electric Co beat analyst profit forecasts in the third quarter, but revenue growth remained sluggish, prompting the company to lower its full-year revenue growth target and narrow its profit forecast on Friday and sending shares lower. The industrial giant's adjusted profit jumped 10 percent to 32 cents a share, beating the 30 cents that analysts had estimated on average, according to Thomson Reuters I/B/E/S. Analysts had been looking for GE to report stronger revenue growth after a weak first half, but that was stymied by a 25-percent slump in oil and gas revenue in the quarter.
IRBIL, Iraq (AP) — The Latest on the developments in Iraq where Iraqi forces and their allies launched a major offensive this week to retake Mosul, the country's second-largest city from the Islamic State group (all times local):