asxmining.com

February 28, 2009

GE slashes dividend to save 9 bln dlrs

Filed under: market — Ami @ 8:42 am

NEW YORK (AFP) – US conglomerate General Electric said Friday it was drastically cutting its dividend paid to shareholders in a move aimed at saving nine billion dollars a years due to the intensifying economic slump.

No Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment

Powered by WordPress