Wachovia Posts Loss
April 14 (Bloomberg) -- Wachovia Corp., the fourth-largest U.S. bank, reported an unexpected loss because of subprime- infected mortgage holdings, cut its dividend and said it will raise about $7 billion in a share sale to replenish capital.
I think red day again....geezzzz maybe two days red and 1 green....geeezzzzz financials are destroying the markets....
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