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Highlights From CSCO's Q3 Conference Call: Sees Q4 Revenues Down 17-20% Y-o-Y, Issues Q4 GAAP EPS Guidance
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Unusual 11 Mid-Day Movers 5/7: VNDA, NSHA, LEA, TX Higher; HT, CRYP, TBSI, USU Lower
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Morning Movers 5/7: VNDA, NSHA, VG, LGVN, BONT, EVC Higher; DAN, HOTT, PGTI, HT, WW, PACR Lower
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DuPont (DD) To Layoff 2,000 Employees
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TXCO Resources (TXCO) to Terminate 25 Full-Time Employees, or 30% of Workforce
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THQ (THQI) Reports Q4 Loss of $0.54; to Reduce Headcount by 600
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Shares of ArvinMeritor (ARM) Rip 50% Higher
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EFJ, Inc. (EFJI) Misses Q1 View By 2c; Cuts Workforce By 7%
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David Moenning's Daily State of the Markets: 5/6
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ADP Employment Report Shows Fewer Than Expected April Jobs Losses
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Neurocrine Biosciences (NBIX) Reports Q1 Loss of $0.51; Plans to Cut 60 Jobs from Workforce
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Vicor (VICR) Reports Q1 Loss of $0.06, Beats by 4c; Cut 8% of Jobs During Qtr.
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Bernanke on Economic Outlook: Housing is Stabilizing, US Economy to Resume Growth in Late '09
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Testimony by Chairman Bernanke on the Economic Outlook
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Sierra Wireless (SWIR) Reports Solid Q1 Results; to Cut 56 Jobs
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FOMC Statement for April 29; Fed Funds Rate Unchanged
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Yankees Cut Some Premium Ticket Prices Up to 50%
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AMCORE Financial (AMFI) Reports Large Q1 Loss; Announces Several Cost Reudction Initiatives
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Digi International (DGII) Reports Q2 Earnings, Guides In-line for Q3 & FY09; Restructuring Plan to Reduce Workforce by 13%
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Barron's Extremely Bullish On Fortress Investment Group (FIG)
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Yahoo! (YHOO) Reports Strong Q1 Earnings; Guides Q2 Sales; Cutting 5% of Jobs
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Manhattan Associates (MANH) Reports Mixed Q1 Earnings; Guides Q2, FY09; Cutting 100 Jobs
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Geithner Remarks to Congressional Oversight Panel; In Period Like This Govenment Needs to Take Risks
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Brown-Forman (BF.A) Announces Cost-Cutting Initiatives: to Cut Workforce by 250 Employees
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Versant (VSNT) Lowers Guidance
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California's Unemployment Rate Soars Above 11%
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Teradyne (TER) to Cut Workforce by 350 Employees; Further Reduces Base Salaries of Execs
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Yahoo (YHOO) Seeking Buyers For Its HotJobs Unit
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Smart Modular Tech (SMOD) to Further Cut Workforce by 3%; Sees Annual Savings of $2.5-$3M
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Somaxon (SOMX) to Layoff 7 Employees, Including CFO
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Xilinx (XLNX) Announces Restructuring Measures: to Cut 200 Positions from Workforce, Reduces Exec Salaries
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Geithner Release Report On Intl Economic and Exchange Rates Policies, Says China's Yuan Remains 'Undervalued'
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Highlights from Fed's Beige Book: 5 Districts Saw Declines Moderating; Manufacturing Weakened in Most Regions
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Fed's Beige Book 4/15
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Treasury Survey Shows Mortgage Lending Continued to Grow Among Top 21 Banks Receiving Government Funds
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Linear Tech (LLTC) Reports Q3 EPS of $0.25, Beats by 3c; Cutting 130 Jobs; Guides Q4 Revs
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Bernanke Speech At Morehouse College
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Citi Adds Microsoft (MSFT) to the Recommended List
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Since October, ArvinMeritor (ARM) Has Taken Actions to Reduce Costs by $430M, Including Job Cuts, Pay Reductions, Dividend Suspension
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Cliffs Natural Resources (CLF) Announces Actions to Reduce Metallurgical Coal Production
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Amtech (ASYS) Reports Preliminary Q2 Sales of $10.5M; Comments on FY09 Outlook
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FOMC Minutes from March 17-18 Meeting
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Vacancy Rates Continue Higher Despite Drop in Rent
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Capstone Turbine (CPST) Lowers Use of Cash During Q3; Eliminates 22 Additional Jobs
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Constellation Brands (STZ) Misses Q4 EPS by 1c, Cutting 5% of Workforce
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Deere (DE) To Layoff 160 At Des Moines
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Whirlpool (WHR) to Close Washing Machine Plant in Shanghai, Resulting in Elimination of 600 Jobs
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Olympic Steel (ZEUS) Issues Update on Expense Reduction Initiatives; Reduced Headcount by 21% from '08
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Motorola (MOT) Sees Pretax Charge of $110M on Previously Disclosed Job Cuts
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FARO Tech. (FARO) to Cut Workforce by 14%; Sees $7.4M in Annual Savings
