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First Union Corp. Says It Will Halve Its Payout.

Authors :
Mollenkamp, Carrick
Source :
Wall Street Journal - Eastern Edition. 12/21/2000, Vol. 236 Issue 121, pA3. 0p.
Publication Year :
2000

Abstract

Reports on the plan of First Union Corp. to cut its dividend in half to save cash. Details on the company's cost-cutting measures; Estimated annual savings from cost-cutting measures; Information on the escalating loan losses in the United States as of December 2000.

Subjects

Subjects :
*COST control
*DIVIDENDS
*COLLECTING of accounts

Details

Language :
English
ISSN :
00999660
Volume :
236
Issue :
121
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
3916944

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Authors Abstract Subjects Details