Monday, November 13, 2017

GE Cuts Dividend, Slashes Profit Goals Amid Restructuring

GE slashed its 2018 profit forecast and said it was cutting its dividend by half, as the 125-year-old industrial conglomerate seeks to preserve cash for a restructuring under new Chief Executive John Flannery that will focus on three core units.

from WSJ.com: US Business http://ift.tt/2ACRXk9
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