Sidebar Ads

Tuesday, October 30, 2018

General Electric cuts dividend, splits loss-making power unit

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.


from Reuters: Business News https://ift.tt/2CT0TWr

Related Posts:

0 comments:

Post a Comment

Is the world heading into recession?

The US president has rattled stock markets but that doesn't automatically lead to an economic downturn. from BBC News https://ift.tt/L...