Companies that are cutting their dividends are often in financial trouble for one reason or another. These are seven companies that have recently cut their dividends or may do so.
European Commission antitrust regulators opened an investigation into Nike, Universal Studios and Sanrio Wednesday after accusing the three of imposing anticompetitive restrictions on distributors of their products.
The EU allows citizens member countries to purchase items across national borders from any retailer.
The S&P 500 was down 0.06% and the Nasdaq fell 0.1%, ending lower for the first time in eight sessions. The Dow Jones Industrial Average dropped 0.2%.