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01/06/2009 11:49 PM
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The company will take a charge to fourth-quarter earnings of between US$900mn and US$950mn. (India Infoline)
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Alcoa has detailed a series of specific actions to conserve cash, reduce costs and strengthen the company’s competitiveness during the current economic downturn.
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01/07/2009 08:00 AM
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M.A.Gales&Co.,Inc. Taps Capital Markets Veteran Anthony D. Cotrupe, CFA for VP Business Development Post (Business Wire via Yahoo! Finance)
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NEW YORK----M.A.Gales&Co.,Inc., a privately-owned acquisition, holding, management and consolidation company in the energy, environmental and chemical related products manufacturing hardware and services industries, today announced the appointment of Anthony D.
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01/07/2009 06:04 AM
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John F. McGillicuddy, 78, Banking Leader, Is Dead (New York Times)
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John F. McGillicuddy, who assembled one of first big bank mergers in the wave of consolidation that emerged from the economic slump of the early 1990s, the one between Manufacturers Hanover and Chemical Bank , died on Sunday at his home in Harrison, N.Y., The New York Times’s Eric Dash reported.
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01/06/2009 08:43 PM
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John F. McGillicuddy, 78, Banking Leader, Is Dead (New York Times)
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Mr. McGillicuddy assembled one of first big bank mergers in the wave of consolidation that emerged from the economic slump of the early 1990s.
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01/06/2009 03:43 PM
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CareerLink prepares to help laid off workers (PAHomePage.com)
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TANNERSVILLE - A company branch in Tannersville will lay off more workers than originally expected. Last week Roadway Express trucking company said it would lay off about 140 people as part of a consolidation plan. Now officials say more than 300 will lose their jobs starting in March.
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01/06/2009 01:17 PM
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CIGNA Laying Off 1,100 Employees Globally Effect Not Yet Known For Chattanooga Office (The Chattanoogan)
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CIGNA (NYSE: CI) announced today several actions in response to the economic downturn, including the reduction in its global workforce by approximately 1,100 positions, around 4 percent of the company’s employees, and the planned consolidation of certain real estate locations.
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01/05/2009 04:08 PM
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DGAP-News: W.P. Stewart & Co., Ltd. Announces Trading to Cease On the NYSE, Company to Deregister Its Common Shares, ... (Financial.de)
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W.P. Stewart & Co., Ltd. / Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement.
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01/06/2009 03:44 PM
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YRC Worldwide layoffs continue with Yellow, Roadway consolidations (BizJournals)
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YRC Worldwide Inc.’s ongoing consolidation of its Yellow Transportation and Roadway Express units is yielding more layoffs.
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01/07/2009 04:12 AM
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P&G plans to reduce its range of laundry products (Mad.co.uk)
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Procter & Gamble is planning a major consolidation of its laundry range, which will see all of its liquid and tablet formats scrapped over the next five years.
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01/05/2009 03:35 PM
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W.P. Stewart & Co., Ltd. Announces Trading to Cease On the New York Stock Exchange, Company to Deregister Its Common ... (GlobeNewswire via Yahoo! Finance)
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HAMILTON, Bermuda, Jan. 5, 2009 -- W.P. Stewart & Co., Ltd. today announced it has been notified by the New York Stock Exchange that the Company is considered below continued listing criteria since its average market capitalization was less than $25 million over a 30 trading-day period.
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