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Aug 5 - Markets closed
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Freddie Mac Posts Fourth Straight Loss, Cuts Dividend (Update2)
By Dawn Kopecki Aug. 6 (Bloomberg) -- Freddie Mac, the US mortgage-finance company hobbled by record foreclosures, will slash its dividend at least 80 percent after posting a quarterly loss that was three times wider than analysts' estimates.
Freddie Swings to Loss
Freddie: Losses soar, dividend slashed |
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