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Capital One shares jumps after dividend cut (Reuters)

Started by riky, March 09, 2009, 05:02:17 PM

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riky

Capital One shares jumps after dividend cut
    (Reuters)

 



Reuters - Capital One Financial Corp  will cut its quarterly dividend 87 percent to save $500 million annually as credit card losses increase and the economic outlook worsens, the company said on Monday.


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