NATION

NATION
General Motors announcesits fourth-quarter dividend
DETROIT -- General Motors Corp. announced a fourth-quarter dividend of 50 cents per share on GM common stock, payable Dec. 10 to shareholders of record as of Nov. 8. The dividend rate is unchanged from the previous quarter.
Clear Channel sees dropin third-quarter profits
SAN ANTONIO -- Clear Channel Communications Inc.'s third-quarter profit fell nearly 60 percent from the same period in 2003, which had been inflated by the nation's largest radio station operator's sale of its stake in a Spanish-language broadcasting network.
Clear Channel said Friday that it earned $261.2 million, or 44 cents per share, in the three months ended Sept. 30, down from $636 million, or $1.03 a share, in the period a year ago.
Clear Channel's year-ago results reflected gains on its sale of its stake in Univision Communications Inc.
Vindicator staff/wire reports