More housing troubles

Sorry to report more ugly news. Masco (MAS), a member of the S&P Dividend Aristocrat list (paying higher divs year over year for around 40 years in their case), announced the housing slump is hitting them harder than formerly indicated. They are projecting EPS will fall to 50-65¢ down from from .85-1.15 in their former guidance, street forecasts had been looking for 1.03. This news sent the stock to the low 18's, down 8% at another new multi year low. Obviously their div is at risk.