DOW 1.60% $5.70 downer edi limited

Washington Mutual (WM) announced it is raising $7 billion and...

  1. 1,082 Posts.
    Washington Mutual (WM) announced it is raising $7 billion and cutting its quarterly dividend to $0.01 per share from $0.15.

    Also, February pending home sales fell 1.9% month over month, which was worse than the expected decline of 1.0%.
 
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