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While it wouldn’t make a really good episode of the Mythbusters television show, there are myths that are prominent in the financial world that need to be debunked. Here are some of the myths that Kiplinger compiled:
Myth number 1: There is a hot market somewhere …

Tuesday Procter and Gamble (NYSE: PG) announced that it will raise its quarterly dividend by 10 percent from 40 cents to 44 cents.
The increase refers to P&G common stock, and series A and series B ESOP convertible class A preferred stock. It is payable on …

Wachovia announced they lost $8.9 Billion and not only had to cut dividends, but also said they were going to lay off 6,350 people and get rid of another 4,400 open position and contract workers by 2009. This is part of their plan to cut …