GE slump, tax plan doubts pressure Wall St | Reuters

Reuters| Mon Nov 13 10:03:53 EST 2017
(Reuters) - Wall Street’s main indexes were under pressure in early afternoon trading on Monday after GE shares hit their lowest in five years and investors fretted over the future of the U.S. tax reform plan. General Electric (GE.N) slashed its dividend and profit forecast earlier in the day, while unveiling a plan that narrowed its focus on aviation, power and healthcare. Shares of the industrial conglomerate fell 7.6 percent as investors worried that plans for a years-long transformation did not show how the slimmed-down company would generate cash to justify its stock valuation. Investors are closely tracking developments around the tax bill after Senate Republicans last week unveiled a ..

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(Reuters) - Wall Street’s main indexes were under pressure in early afternoon trading on Monday after GE shares hit their lowest in five years and investors fretted over the future....
Reuters| Mon Nov 13 10:00:02 EST 2017
(Reuters) - Wall Street’s main indexes were under pressure in early afternoon trading on Monday after GE shares hit their lowest in five years and investors fretted over the future....
Reuters| Mon Nov 13 10:03:53 EST 2017
(Reuters) - Wall Street was little changed in late morning trading on Monday as GE’s dismal outlook weighed on indexes and investors fretted over the future of the U.S. tax reform ....
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