Shares of manufacturing and transportation companies were lower. General Electric Co. didn't pay a cash bonus last year to its top executives at corporate headquarters, which it said was the first time in the company's 125-year history. The Boston-based company said in a regulatory filing that its board withheld the 2017 bonuses and canceled some 2015 equity awards that executives would have partly received. It cited the conglomerate's struggles last year, which forced GE to slash its dividend, cut thousands of jobs and overhaul its leadership. United Continental Holdings shares rose as the airline operator boosted its unit revenue guidance for the current quarter and gave upbeat earnings projections for the full year.(Amy.Pessetto@wsj.com)

(END) Dow Jones Newswires

March 13, 2018 17:44 ET (21:44 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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