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Monday, February 23, 2009

CNBC.com's News Now: JPM Slashes Dividend 87%

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Monday, Feb. 23, 2009
CNBC.com's News Now CNBC Extended Hours Real-Time Quotes: Now CNBC.com brings you even more of the fast and actionable information you need to respond to market moves - and it's free!    
DOW 7114.78 -250.89 -3.41%  
NASDAQ 1387.72 -53.51 -3.71%  
S&P 743.33 -26.72 -3.47%  
 
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WHAT YOU SHOULD KNOW
AIG Seeks More US Funds As Record Loss Looms
American Insurance Group, already 80-percent owned by the US, is in discussions to secure additional government funds so it can keep operating after next Monday, when it will report the largest loss in U.S. corporate history, CNBC has learned...
»read more

Thain Refuses to Answer Cuomo's Bonus Questions
New York State Attorney General Andrew Cuomo filed a motion Monday asking former Merrill Lynch Chief Executive John Thain to provide more...
»read more

JPMorgan Chase Slashes Dividend 87 percent
JPMorgan Chase the second largest U.S. bank, slashed its common stock dividend 87 percent Monday, a surprise move...
»read more

TODAY'S TOP 5 VIDEOS
1. Government's Stake In Citi  
Citigroup is asking the government to convert a substantial portion of its $45B preferred shares into a new convertible stock. Insight with CNBC's Steve Liesman

2. Fiscal Responsibility? In D.C.? 
President Obama speaks at a summit on fiscal responsibility at the White House.

3. Santelli's Head Spins on Bank Stress Test 
CNBC's Rick Santelli discusses insolvent banks and the Treasury's evaluation of banks to provide aid under the Capital Assistance Program which will begin on Wednesday, with Matt Zeman, LaSalle Futures and CNBC's Steve Liesman

4. Pickens' Push  
Natural gas, cleaner than diesel, is the only way to make a difference now, says Boone Pickens, BP Capital CEO

5. Stop Trading, Look to China! 
Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett

 

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Nothing To Fear But Despair Itself
The ravages of the recession now reach to every page and every section of newspapers - the stories are relentless, with nary a bright spot. Doom and desperation abound. What does this have to do with your executive career? The despair wants you.

»See All CNBC.com Blogs

 

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