GE Must Do This To Keep Its Already Slashed Dividend Safe: Cowen

General Electric (GE) stock should be avoided ahead of two key upcoming events and a further cut may come for the already halved GE dividend, according to Cowen.

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When GE reports first-quarter results April 20, an earnings miss "appears probable," Cowen analyst Gautam Khanna wrote in a note to clients Wednesday. He expects the conglomerate's largest Q1 profit declines will come from the power and transportation businesses. He also sees GE's planned accounting restatement adding pressure to...

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