Industrials Down After GE Downgrade -- Industrials Roundup
Shares of manufacturing and transportation companies fell after a downgrade for General Electric.
GE shares declined after analysts at brokerage Deutsche Bank cut their ratings on the conglomerate, citing concerns about its ability to continue paying its dividends based on a cash flow analysis, among other things.
(-By Rob Curran, rob.curran@dowjones.com)
(END) Dow Jones Newswires
May 12, 2017 16:34 ET (20:34 GMT)