Regulatory Probe Archives - Commercial Record

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GE Reveals Deeper Regulatory Probe, Restructuring

by Reuters | Oct 30, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News

General Electric Co. slashed its quarterly dividend to a penny a share, said it would restructure its power unit and that it faced a deeper accounting probe as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate.

GE Reveals Deeper Regulatory Probe, Restructuring

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