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FedEx Cuts 2013 Earnings Forecast, Misses for Q1

Published on Tue, 09/18/2012 - 10:34
By FNNO Staff in analysis, business finance, cut, earnings, eps, fedex, fnno, forecast, market, news, nyse:fdx, revenue, stock, trading
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By FNNO Staff
fnnonline@gmail.com

Nokia Slashes Lumia 900 Price

Published on Tue, 07/17/2012 - 07:56
By FNNO Staff in analysis, business finance, cut, fnno, lumia, market, news, nok, nokia, price, stock, trading
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By FNNO Staff
fnnonline@gmail.com

Applied Materials Cuts Earnings Forecast Among Others

Published on Tue, 07/10/2012 - 15:10
By FNNO Staff in analysis, applied materials, business, cut, finance, fnno, forecast, news, stock market, trading
applied materials, forecast, cut, fnno, business, finance, trading, stock market, analysis, news

By FNNO Staff
fnnonline@gmail.com

Moody's Cuts Portugal's Government Debt Rating

Moody's cited fears the country will have difficulty meeting its deficit reduction goals and underlining expectations the country will be forced to seek a bailout from the EU.

Uncertainty plagues the country after its minority government fell apart as it was attempting to win parliamentary support for a fourth round of austerity measures, setting up a June 5th general election.

"Moody's be

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Moody's Investors Service delivered another blow to the credit rating of Portugal's government bonds, cutting its rating to Baa1 from A3, and putting the rating on review for a further possible cut.

By FNNO Staff
fnnonline@gmail.com

AOL Dips on Report It Will Cut About 20% of Global Workforce

Published on Thu, 03/10/2011 - 10:56
By Stephanie Shyu in General Interest, AOL, america online, aol, company, cut, eliminate, employees, fire, india, jobs, layoff, outsource, restructure, workers, workforce, News Update

More than 900 of the company's 5,000 workers will lose their jobs, Reuters reports. AOL will cut about 400 employees in India, outsource another 300 positions and eliminate 200 jobs in the United States, the story said.

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AOL (AOL) slips after Reuters reports that the company will cut about 20% of its global workforce to restructure in a bid to catch up with faster moving rivals, a source close to the company said.

By Stephanie Shyu
sshyu@fnno.com

Hutchinson Technology Announces U.S. Job Cuts

That represents 30% to 40% of the company's U.S. employee base currently at 2,275 workers.

Hutchinson Technology has closed multiple plants and cut hundreds of jobs over the past two years as it lost customers during the recession.

The cuts will be made over the next year and will reduce costs by $45 to $60 million per year.

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Hutchinson Technology Inc (NASDAQ:HTCH) said today it would cut between 680 and 900 jobs from its U.S. workforce.

By Stephanie Shyu
sshyu@fnno.com

Obama's $3.73 Trillion Budget Will Cut Spending, Up InvestmeObama's $3.73 Trillion Budget Will Cut Spending, Up Investment in Ke

The proposal will reduce the national deficit by more than $1 trillion over a 10 year period, 75% of which will be accounted for by spending cuts, tax increases or doing away with existing tax breaks.

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"President Barack Obama released Monday his plans to drastically cut federal spending with a proposed $3.73 trillion budget for fiscal year 2012.

By Stephanie Shyu
sshyu@fnno.com

Economy Still to Weak to Halt $600 Billion Stimulus Program

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Federal Reserve Chairman Ben Bernanke told Congress that the central bank will press on with its $600 billion stimulus program because of stubbornly high unemployment, but also acknowledged that the bank is keeping a wary eye out

By Christie Duffy
cduffy@fnno.com

Visa, MasterCard Shares Mixed as Investors Digest Fed's Prop

Published on Fri, 12/17/2010 - 13:36
By FNN Staff in General Interest, MA, v, analyst, card, cut, debit, fed, federal, fees, goldman, investors, ma, mastercard, rating, reserve, sachs, stock, trade, visa
analyst, card, cut, debit, fed, federal, fees, goldman, investors, ma, mastercard, rating, reserve, sachs, stock, trade, visa

Shares of Visa (V) and MasterCard (MA) are mixed in regular session trading as investors weigh the impact of the Federal Reserve's proposed rules to cut debit-card transaction fees by 90%. This morning, Goldman Sachs downgraded Vi

By FNN Staff
root@fnn-online.com

SmarTrend Market Close Wrap-up -- December 9, 2010 (DJI,INX,

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By Anonymous

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