Overseas Shipholding tanks on dividend suspension
(CBS MarketWatch) SAN FRANCISCO (MarketWatch) -- Shares of Overseas Shipholding Group tanked 15% to $10.07 midday Friday after the company said it won't pay its dividend of 22 cents a share for the first quarter. Overseas Shipholding said it wants to conserve cash to
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updated 455 (MarketPulse Updates), inserted 30, updated 0, at 2012-06-01 15:01:35