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KM Financial Solutions | UPDATE 2-General Electric cuts dividend, splits loss-making power unit
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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
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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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