UPDATE 3-Arkansas Best posts wider loss; cuts dividend

Newswire

* Q4 adj loss $0.88/share vs est loss $0.30/share * Cuts quarterly cash dividend by 80 pct * Shares down as much as 9 pct (Recasts throughout; adds analysts comment; updates share movement) By A.Ananthalakshmi BANGALORE, Jan 28 (Reuters) - U.S. trucking company Arkansas Best Corp slashed its quarterly dividend by 80 percent and took additional steps to save costs, shifting focus to the company's capital structure even as its peers have hinted at early signs of freight recovery. ...

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