General Electric, Boston, started the week by facing the wrath of investors disappointed with its decision to cut its quarterly dividend in half and skeptical of the turnaround plans offered by new CEO John Flannery. GE's stock price fell below $18 early in the week, in the steepest decline it has seen since the recession in 2009. GE announced that it will pay a dividend of 12 cents per share instead of 24 cents and lowered its earnings forecast for 2018. The company's results were affected most by sluggish performance in oil-field services and power generation markets.
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