Featured Blogs
Surrounding yourself with the right people...
Views: 27
Comments: 6
www.FuturesLine.com
Views: 12
Comments: 3
Cost of Doing Business...
Views: 12
Comments: 5
Toyota's Woes = Indiana Grain's Opportunity
Views: 8
Comments: 2
You Can Put Lipstick On A Pig, But...
Views: 8
Comments: 1
Post Comments
Fortress to Skip Third-Quarter Dividend Payment
Posted: 09/23/09
By: tomgrisafi
Another quarter, another cancelled dividend from Fortress Investment Group.
The New York-based private equity giant yesterday said it would not pay a third-quarter dividend, the fifth-straight quarter it will not do so. The firm, which last month reported a narrower quarterly loss, said it would hold onto the money “for potential future investment opportunities and for working capital purposes.”
Fortress last paid a dividend in the second quarter of last year. The firm went public in February 2007.
Source: FINalternatives
0 Comments
Be the first to comment on this blog!
Advertisers
QT Futures iPhone and iPod Application provides you with an instant snapshot of the commodities futures markets. Get immediate access to quotes, charts, and weather, as well as market news, trends and analysis.
Advertise your company today at IndianaGrain.com! Contact us now for more information.