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Anadarko Slashes Dividend, Shares Halted Before Potential Move Down
Tuesday, February 9, 2016 - 4:55pm | 523Anadarko Petroleum Corporation (NYSE: APC) trading halted mid-afternoon Tuesday ahead of a reduced dividends announcement. Following, a string of strong hints from executives earlier this year, the dividend cut is not surprising. The cut comes amid plunging oil prices and a subsequent yield...