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The company said the dividend suspension will save $11.5 million annually and help assuage its liquidity problems.
1:28PM 12/04/08
Pershing Square's Bill Ackman has been right so many times during the final crisis, he might we worth piggybacking.
12:06PM 11/25/08
MBIA is down 22%.
5:22PM 11/05/08
Frank Curzio recaps the post-election session with guests David Sterman and David Peltier.
5:04PM 11/05/08
Stocks in New York opened Wednesday to the downside as investors absorb some earnings hits and dismal job numbers and impending new leadership in the White House.
9:42AM 11/05/08
Premarket futures were are indicating a downside open on Wall Street as investors absorb some earnings hits and dismal job numbers.
9:17AM 11/05/08
Premarket futures were indicating traders of U.S. stocks were ready to take profits the morning after Sen. Barack Obama won the presidential election.
6:47AM 11/05/08
Among large-cap banks, Citi and Bank of America decline.
4:30PM 10/21/08
David Wallis, a veteran risk officer, will take over for interim chief Michael Callen.
10:31AM 10/21/08
Here's what Cramer's had to say about homebuilders lately.
11:53AM 10/20/08
Understanding the Market
The trading panel discussed the impact of job losses on the economy and markets.
7:11PM 12/04/08
Frankly, the banks' prospects of making money are better.
5:06PM 12/04/08
Copart, Cash America, Global Payments, KHD and W.P. Carey are downgraded.
4:46PM 12/04/08
Stocks end a choppy trading day with losses as the fate of the troubled automakers hangs in the balance. Frank Curzio reviews the action in The Real Story (above).
4:36PM 12/04/08
Our Experts' Take at RealMoney for Ambac Financial Group
Options traders are defensive, with retail put action at 14 times normal.
2:38PM 12/04/08
If unemployment stays contained, then stocks will rebuild. Otherwise, look out below.
2:09PM 12/04/08
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