H-P Shows Age With Layoffs
24.05.2012, 03:50:18
H-P plans to lay off 27,000 employees. The tech giant also said its quarterly profit slumped 31% amid relatively flat revenue in its PC business and lower printing sales. |
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Spain to Recapitalize Bankia
24.05.2012, 03:45:33
Spain will provide about $11.4 billion to cover Bankia's needs, the nation's finance minister said. |
Chesapeake Raises Big Bet in Ohio
24.05.2012, 01:44:27
Chesapeake is ramping up drilling on the Utica Shale, a promising but unproven oil field, at a time when the embattled natural-gas giant is under financial stress and facing heightened scrutiny from investors. |
Mutual Funds Promised Haven From Speedsters
24.05.2012, 02:08:31
A startup is aiming to create a trading platform that protects mutual-fund managers from high-speed traders. |
Zynga Defends Acquisition
24.05.2012, 01:55:45
Zynga is trying to provide some answers for its controversial acquisition of "Draw Something," a mobile game that was released only six weeks earlier and has since lost popularity. |
Chinese Manufacturing Falls
24.05.2012, 02:45:02
The preliminary HSBC China Manufacturing Purchasing Managers Index fell in May, for the seventh straight month of contraction. |
Chinese Tycoon Sees Deals Beyond AMC
24.05.2012, 02:47:51
Chinese property and entertainment tycoon Wang Jianlin, fresh off a proposed deal to purchase AMC, plans to make similarly ambitious moves in global industries ranging from film to retail to hotels. |
RIM Suffers Another High-Level Departure
24.05.2012, 03:50:11
Research In Motion said its London-based executive vice president for sales, Patrick Spence, is stepping down—the latest departure in a string of high-level exits at the BlackBerry maker. |
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