"Algonquin Power & Utilities (AQN.TO)(AQN) cuts dividend by 40 per cent and target US$1 billion in asset sales, as the Ontario-based utility attempts to strengthen its financial position and reassure investors."
"Toronto-listed shares fell 6.53 per cent to $9.30 as at 11:20 a.m. ET on Thursday. The stock has plunged nearly 35 per cent since November."
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