Mar 24th, 2009 - Bloomberg
March 24 (Bloomberg) -- Newell Rubbermaid Inc. tumbled asmuch as 12 percent in New York Stock Exchange trading aftercutting its quarterly dividend and saying sales will drop morethis quarter than it previously forecast.
Newell declined 69 cents, or 9.5 percent, to $6.56 at 10:13a.m. in New York Stock Exchange composite trading, after slidingas low as $6.35. The dividend will drop to 5 cents a share from10.5 cents, Atlanta-based Newell said today in a statement.
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Short interest up sharply in mid-March
Mar 24th, 2009 - Reuters
NEW YORK, March 24 (Reuters) - Short interest rose on theNew York Stock Exchange in mid-March at its quickest pace inmore than a year, suggesting there is sentiment that the recentmarket rally might be short-lived.
