General Electric slashes dividend by 50% as new CEO tries to turnaround 125-year-old conglomerate - CNBC

CNBC

General Electric slashes dividend by 50% as new CEO tries to turnaround 125-year-old conglomerate CNBC General Electric said Monday it was cutting its dividend in half, a move that could cause many long-time shareholders in the 125 year-old conglomerate to flee, but also free up much needed capital to fund a turnaround for the one-time American bellwether. These are the Three Divisions GE's New CEO Will Focus OnFortune Crisis-stricken GE to unveil painful roadmap to recoveryDeathRattleSports.com GE's day of reckoning: 4 things investors want to hearYahoo News all 223 news articles »

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