UPDATE 1-Friedman Billings suspends dividend, sees losses in Q4
Story date: 2007-12-21 10:26:00
Added on: 2007-12-21 17:48:46
Reuters - ... Friedman Billings Ramsey Group Inc (FBR.N: Quote , Profile , Research ) suspended its quarterly dividend even as it boosted its share buyback program, and said it sees total fourth-quarter losses of about $38 million related to certain mortgage loans ...
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