#GE moving headquarters to #Boston for tech talent, tax cut
http://feeds.reuters.com/~r/reuters/topNews/~3/WUz9QarR47I/story01.htm
#NY #Business #MA
http://feeds.reuters.com/~r/reuters/topNews/~3/WUz9QarR47I/story01.htm
#NY #Business #MA
Reuters
GE moving headquarters to Boston for tech talent, tax cut
General Electric Co said on Wednesday it will move its global headquarters to Boston, tapping the city's technology talent and likely lowering its tax bill as the industrial conglomerate seeks to lift profit and emphasize digital capabilities.
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#GE CEO & Chairman #JeffImmelt to step down, and handi over corporate leadership to the head of the GE's health care business, #JohnFlannery.
#GE just slashed dividends by 50% in the first cut since the financial crisis, as new CEO #JohnFlannery tries to turnaround 125-year-old conglomerate
https://goo.gl/QN3sJM
https://goo.gl/QN3sJM
Fortune
GE just slashed dividends by 50% for the first time since the financial crisis
General Electric (GE) announced Monday that it plans to cut its quarterly dividend by half, from 24 cents a share to 12 cents a share.
#GE unexpectedly removes its CEO #JohnFlannery after barely a year on the job; Shares soar
s.z9network.com/2y9A7VL
s.z9network.com/2y9A7VL
#GE shares surge 13% after Danaher agrees to buy biopharma business for $21.4 billion
s.z9network.com/2GZYpaB
s.z9network.com/2GZYpaB
#GE earnings forecast falls short of estimates, CEO #LarryCulp says 'We have work to do'
s.z9network.com/2W3g6KP
s.z9network.com/2W3g6KP