UPDATE 2-General Electric cuts dividend, splits loss-making power unit
29 Oct UPDATE 2-General Electric cuts dividend, splits loss-making power unit
Posted at 11:35h
in
News
by KMFSLLP
General Electric Co slashed its
quarterly dividend to just 1 cent per share and said it would
split its power unit into two businesses as new Chief Executive
Larry Culp took his first steps to revive the struggling
conglomerate.
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