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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
Premarket futures were pointing to a weak open Thursday, as the automakers continued to search for ways to placate Congress, and a slew of companies announced layoffs.
9:04AM 12/04/08
Capital One plans to buy Maryland regional bank Chevy Chase Bank for $520 million in cash and stock.
12:06AM 12/04/08
The trading market said all assets were vulnerable in today's market crash.
7:01PM 12/01/08
The shocker stock of the week, Sony's new flat-screen television technology, and more.
10:50AM 11/29/08
Debra Borchardt breaks down the Term Asset-Backed Securities Loan Facility plan and suggests a plan of her own.
07:59AM 11/26/08
Citigroup executives began weighing the possibility of auctioning off pieces of the financial giant or even selling the company, as its market cap plummeted to unthinkable lows.
4:56PM 11/21/08
Citigroup shares have taken such a beating lately that even a vote of confidence from its onetime savior may not be able to save the struggling banking titan.
12:19AM 11/21/08
The drug stock plunges after the company revised its forecast
7:20PM 11/19/08
The trading panel looks at what the high rollers are buying.
6:54PM 11/14/08
Understanding the Market
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
China urged the U.S. Thursday to spare no effort to stabilize its economy and financial markets to help avert global recession.
04:29PM 12/04/08
South Carolina Gov. Mark Sanford is pressing Treasury officials to look into the timing of the generous retirement package awarded the former CEO of the state's largest bank.
3:41PM 12/04/08
The market in New York was having another choppy session and hitting some of its worst levels in the final hour of trading.
3:34PM 12/04/08
Our Experts' Take at RealMoney for Capital One Financial Corporation
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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