General Electric announces it will cut its dividend in half as part of a broader corporate restructuring.
It plans a renewed focus on health care, aviation and energy.
CEO John Flannery (Took over the job in Augest) apologizes on investor day for the company's performance and says GE would be "more focused."
The shares dropped 7.2 percent for their worst single-day decline since April 2009.
https://www.cnbc.com/2017/11/13/ge-announces-broad-restructuring-to-keep-health-care-aviation-and-energy-units.html
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