Wed, Jun 19, 2013, 7:41 AM EDT - U.S. Markets open in 1 hr 49 mins
should happen today right?
More like, cancellation of their dividend. That 4% will not be paid. Running out of the cash to do that. They don't care about stockholders. They care about surviving, at least for now.
Yes, but isn't the announcement of payment or non-payment supposed to happen today?