GE slashes dividend, splits power business - Seeking Alpha

Business Insider

GE slashes dividend, splits power business Seeking Alpha Adjusted EPS of $0.14, down 33% from the same period in 2017, and recorded a non-cash goodwill impairment charge of $22B, before tax, related to GE Power. Revenue by segment: Power -33%; Renewable Energy +15%; Aviation +12%; Oil & Gas +7%; ... GE slashes its dividend to a penny, says it's reorganizing its struggling power businessBusiness Insider GE's stock edges up after profit and sales miss, plan to slash dividend and reorganize power businessMarketWatch General Electric cuts dividend, splits loss-making power unitYahoo Finance all 82 news articles »