BRIEF-Seair announces default on senior debt
* Seair Inc - defaulted on terms of its senior debt senior debt and is currently in negotiations with its creditors to develop a restructuring plan
By Bernadette Baum
NEW YORK Nov 30 Wall Street opened flat on Friday, amid caution ahead of a statement from President Obama on the progress of budget talks in Washington that have fueled volatility and nervousness in the financial markets.
The Dow Jones industrial average gained 5.45 points, or 0.04 percent, to 13,027.27. The Standard & Poor's 500 Index dropped 0.51 points, or 0.04 percent, to 1,415.44. The Nasdaq Composite Index gained 0.07 points, or 0.00 percent, to 3,012.10.
* Sets regular quarterly dividend of $0.2425 per share Source text for Eikon: Further company coverage:
Feb 24 Citigroup Inc on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.