Thyssenkrupp shares plunge as new CEO paints bleak picture

ESSEN, Germany (Reuters) - Thyssenkrupp's new boss scrapped the German industrial group's dividend, warned of deeper losses and asked investors for yet more patience over its turnaround, sending shares in the conglomerate down as much as 14.5% on Thursday. The moves immediately turned up the pressure on Martina Merz, who served as chairwoman before taking over as CEO, to quickly sell the company's elevators business - a prize asset it has put on the block to try to mend its finances. After four..