Posts Tagged ‘restructuring’

GM, Citigroup To Leave DJIA; Travelers, Cisco To Join – Wall Street Journal

Monday, June 1st, 2009

NECNGM, Citigroup To Leave DJIA; Travelers, Cisco To JoinWall Street Journal(GM) and Citigroup Inc. (C) will be replaced in the Dow Jones Industrial Average by Cisco Systems Inc. (CSCO) and Travelers Co. (TRV), respectively. GM filed for bankruptcy Monday as part of a government-aided restructuring effort. …Travelers, Cisco open higher after added to Dow ReutersOptions Update: Cisco and Travelers volatility low into addition … BloggingStocksCisco, Travelers Added to DJIA to Replace GM, Citigroup FOXBusinessmsnbc.com - TheStreet.comall 47 news articles

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Yen, Lenovo Loss Hammer Asian Shares – Forbes

Friday, May 22nd, 2009

TVNZYen, Lenovo Loss Hammer Asian SharesForbes, NYComputer maker Lenovo Group ( LNVGY – news – people ) plunged 6.4%, to 2.80 Hong Kong dollars (36 cents), after the company posted a worse than-expected second quarterly loss of $264 million for January through March as a result of restructuring costs …Asian Markets Close Week On Lower Note Led By Lenovo, Currency AHNAsia: Stocks in the red ShareCastNikkei Falls on Stronger Yen Wall Street JournalFXstreet.com The Foreign Exchange Marketall 366 news articles

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Closures & Layoffs (May 17-23): amex, HP, Medtronic, Seagate … – CoStar Group

Thursday, May 21st, 2009

Closures & Layoffs (May 17-23): amex, HP, Medtronic, Seagate …CoStar Group, MDSeagate Technology in Scotts Valley, CA, has initiated a restructuring plan that includes a reduction of approximately 1100 employees or 2.5% of the company's global workforce. The restructuring plan is expected to be largely complete by the end of …

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Seagate lays off 1100 employees – CNET News

Wednesday, May 13th, 2009

BBC NewsSeagate lays off 1100 employeesCNET News, CAby Dong Ngo Seagate announced Thursday that it has initiated a restructuring plan that includes laying off approximately 1100 employees, or 2.5 percent of the company's global workforce. According to the hard-drive maker, this reduction is required to …Hard-drive giant slashes jobs CNNMoney.comSeagate Technology to cut 1100 jobs Bizjournals.comSeagate Technology to Cut 1100 Jobs GlobeSt. comMarketWatch - Wall Street Journalall 163 news articles

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Lenovo Plans Restructuring, Expects Quarterly Loss – Wall Street Journal

Thursday, January 8th, 2009

Seattle Post IntelligencerLenovo Plans Restructuring, Expects Quarterly LossWall Street Journal - Jan 7, 2009By LORETTA CHAO BEIJING — Lenovo Group Ltd. said Thursday that it expects to report a loss for its second fiscal quarter that ended last month, …Lenovo Cuts 2500 Jobs New York TimesAsian Stocks Decline, Wiping Out 2009 Gains; Lenovo, BHP Slump BloombergLenovo to shed 2500 jobs The Business Journal of the Greater Triad … Bizjournals.comForbes - Bloombergall 576 news articles

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