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CIT Declares Preferred Dividends (Business Wire) NEW YORK----CIT Group Inc. , a leading global commercial finance company, today announced that its Board of Directors has declared quarterly cash dividends of $0.396875 per share on the Companyâ??s Series A preferred stock, $1.2972500 per share on the Companyâ??s Series B preferred stock, and $1.093750 per share on the Companyâ??s Series C preferred stock. yahoo.comAlert - 16:10 (CET) - EurUsd The single currency started to weaken against the Dollar. The words spoken by Jean-Claude Trichet, President of the ECB, in a conference in Frankfurt, highlighted that large rate cuts are expected in the December monetary policy meeting. Trichet also mentioned the concerning situation of the real economy and its consequences. The EurUsd trading at 1.2578 , ranging from 1.2425 to 1.2638 .... Alerts FeedYour 401(k) match at stake As the faltering economy forces companies to cut back, employee perks are among the first things to go. And along with free coffee in the break room, the next thing your employer might axe is its contribution to your retirement savings plan. About 58% of companies in the U.S. offered employees a 401(k) match as of last year according to Watson Wyatt, a benefits consulting firm. But for cash strapped companies, reducing or eliminating the retirement contribution may be one way to cut back on costs during hard economic times. Frontier Airlines already announced that it was suspending its matching contributions to 401(k) plans earlier this year. Struggling automakers General Motors and Ford, as well as Dollar Thrifty Automotive Group and real estate firm Cushman & Wakefield also announced they would no longer be offering employer matches. CNN MoneyPre Market Stock News and ETF AlertMr. Swing Real Price of Gas Continues to Drop300B SavingsMr. Swing Cost of Capital a Headwind for Utilities For utilities, the apocalypse in construction means fewer power sockets to boost future growth, but the real problem is tighter financing. Wall Street JournalOnly a Buyer Knows a Home`s Value The one point of widespread agreement in the real-estate industry: there is no single accurate index of home prices. Real Estate JournalNegative Seasonal Pattern Stocks on Friday the 21st of November 2008 Seasonal Patterns found for the following stocks:ProShares UltraShort Real Estate ETF (SRS) over the next 6 trading days. Look at the seasonal patterns for ProShares UltraShort Real Estate ETF in context.Southwestern Energy Co (SWN) over the next 9 trading days. Look at the seasonal patterns for Southwestern Energy Co in context.Research In Motion [...] Deep MarketAltair Nanotechnologies Inc.: Altair Nanotechnologies Announces Successful PJM Market Acceptance of the First Grid-Scale, Battery Energy Storage System RENO, NV (MARKET WIRE) Altair Nanotechnologies Inc. (NASDAQ: ALTI) announced today that its one megawatt (MW), 250 kilowatt-hour battery storage system met requirements to participate in the PJM Regional Transmission Organization (RTO) control area. This milestone marks the first commercial acceptance of an advanced Lithium-Titanate battery to provide grid regulation services in one of the largest electricity markets in the US. Market WireCommercial Loan Losses Hurting Insurers WASHINGTON (AP) -- A new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's woes.Industry players say t... Big News Network1 2 3 |
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