GE shares tumble 7% after CEO's pledge for 'more focused' company fails to sway investors - CNBC
| CNBC | GE shares tumble 7% after CEO's pledge for 'more focused' company fails to sway investors CNBC General Electric announces it will cut its dividend in half as part of a broader corporate restructuring. It plans a renewed focus on health care, aviation and energy. CEO John Flannery apologizes on investor day for the company's performance and says ... GE to shrink, investors worry it will be less profitable 2 Things GE's CEO Must Do To Revive Its Stock GE Cuts Dividend as New CEO Moves to Streamline an Industrial Giant |