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RD Today => All the News => Business News => Topic started by: chris on March 06, 2009, 06:59:13 PM

Title: Reuters: Wells Fargo cuts dividend 85 percent, sees new savings
Post by: chris on March 06, 2009, 06:59:13 PM
Wells Fargo cuts dividend 85 percent, sees new savings
      
   
      


NEW YORK (Reuters) - Wells Fargo &amp; Co slashed its dividend 85 percent on Friday, a widely expected move that the fourth-largest U.S. bank said will save $5 billion a year.<div class="feedflare">
<img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?d=yIl2AUoC8zA" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=Jk1vg1EdO6Q:w-qmdjZOWk8:yIl2AUoC8zA) <img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?i=Jk1vg1EdO6Q:w-qmdjZOWk8:F7zBnMyn0Lo" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=Jk1vg1EdO6Q:w-qmdjZOWk8:F7zBnMyn0Lo) <img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?i=Jk1vg1EdO6Q:w-qmdjZOWk8:V_sGLiPBpWU" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=Jk1vg1EdO6Q:w-qmdjZOWk8:V_sGLiPBpWU)
</div><img src="http://feeds2.feedburner.com/~r/reuters/businessNews/~4/Jk1vg1EdO6Q" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/Jk1vg1EdO6Q/idUSTRE5252JA20090306