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Technology Stocks : Media Stocks--Newspaper, TV, Radio, etc.
NYT 72.95+0.2%2:25 PM EST

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From: joseffy2/18/2009 7:13:57 PM
   of 826
 
CBS cuts its quarterly dividend to 5 cents from 27 cents per share.

ft.com

Les Moonves, chief executive of CBS said: “By taking this step now, we will further strengthen our financial flexibility to meet our debt obligations even in difficult credit markets, and still provide our shareholders with an attractive dividend.”
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