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Analyst Slashes Estimates on MEMC (WFR); Sees Continued Deterioration in Solar Markets
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David Moenning's Daily State of the Markets: 4/6
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IsilonĀ® Systems (ISLN) Guides Q1 Sales, Earnings; to Reduce Workforce by 10%
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Sallie Mae (SLM) to Create 2,000 Jobs, Return Its Overseas Operations to U.S.
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Top 10 News Items 3/30-4/3: Regulators Reject GM/Chrysler Plans; Unemployment Rate Now at 8.5%; FASB Relaxes Mark-to-Market Rules
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Unemployment Rate Already Surpasses Bank "Stress Test" Assumptions
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U.S. Lost Another 663,000 Jobs In March, Unemployment Rate At 8.5%
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Nonfarm Payrolls Down 663,000, Unemployment Rate at 8.5%
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Frozen Food Express Industries (FFEX) Expects Earnings To Be Lower Than Last Year; Cutting Jobs
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CA Inc. (CA) Sees Additional $45M Pre-Tax Restructuring Charge
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Kulicke and Soffa (KLIC) Expects to Save $4.1M Annually from Workforce Reduction
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MEMC (WFR) to Take Further Cost Reduction Steps
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Moody's (MCO) Approves Restructuring Plan: to Reduce Workforce by 3-4%
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Cascade (CAE) Misses Street's Q4 Earnings; to Cut Workforce by 20%
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Trading Radar for 4/3: Blyth (BTH), AZZ (AZZ), RAM Holdings (RAMR), GeoEye (GEOY) Report; Nonfarm Payrolls, Unemployment Rate, ISM Services Due
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LMI Aerospace (LMIA) Cuts Headcount by 60 Employees
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Sparton (SPA) Cuts 2% of Workforce, or 970 Employees; Sees $1.8M in Annual Savings
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Opnext (OPXT) to Reduce Cost Structure, OpEx: Cuts Workforce by 10%, Suspends 401(k) Match, 10% Cut in Exec. Salaries
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Internap Network (INAP) Cutting Workforce By 10%, Guides Revenue In-Line
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Brush Engineered Materials (BW) Cuts Q1 Outlook; Provides Update on Cost Reduction Initiatives
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Wausau Paper (WPP) Suspends Dividend; Reduces Workforce
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Cardinal Health (CAH) to Spin-Off Clinical, Medical Products Units as CareFusion Corp.; to Reduce Global Headcount by 800 Jobs
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Quidel (QDEL) Announces Strategic Restructuring, Including Headcount Reduction; CTO to Retire
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KLA-Tencor (KLAC) Announces 10% Workforce Reduction and Other Cost-Cutting Measures
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Kinetic Concepts (KCI) Announces Cost Reduction Plans: Will Cut Workforce by 4%, or 300 Positions
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Dyax (DYAX) Cuts 60 Jobs to Focus Resources on Commercialization of DX-88
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IBM And Its Workers: A War Of Silence Vs. Loquaciousness
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Manitowoc (MTW) Sees Q1 EPS 50%+ Below Street Expectations
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Sino-Global (SINO) Announces Cost-cutting Measures, Includes Layoffs
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Summer Infant (SUMR) Implements Debt Reduction, Cost Saving Initiatives
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Johnson Controls (JCI) Announces $200-$215M Restructuring Charge
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Plantronics (PLT) Announces Cost Reduction Plans: to Reduce 670 Jobs from Workforce
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Plantronics (PLT) Announces 670 Job Cuts and Outsourcing Production of Bluetooth Headsets
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Key Technology (KTEC) Announces Cost Reduction Actions: to Reduce Workforce by 7%, Cancels Cash/Stock Incentive Awards, Suspension of 401(k) Match
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IBM And The Rebirth Of Outsourcing (IBM)(INFY)(WIT)
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Agilent (A) Announces Restructuring of Electronic Measurement Unit: to Cut 2.7K Jobs, Suspend Buyback Program
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Exterran (EXH) to Close Facilities in Calgary and Broken Arrow, OK; Sees Charges of $11-$14M in '09
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IBM Preparing to Layoff Workers in Services Unit -WSJ
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Arbitron (ARB) Cuts Workforce by 10%; Sees Reduction in '10 Run Rate Expenses by More Than $10M
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Entropic Communications (ENTR) to Cut 55 Employees from Workforce; Will Close Locations in Nice, France and Kfar Saba, Israel
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On2 Technologies (ONT) to Reduce Headcount by 40 at Finnish Facility
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Hospira (HSP) Announces Optimization Initiatives: Cutting Workforce by 10%, Will Evaluate Non-Strategic Assets
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Top 10 News Items 3/16-3/20: Bernanke Brings His Bazooka and Has Rare TV Interview; AIG Outrage Reaches Fever Pitch
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Alexander & Baldwin (AXB) Sees Negative Impact to Q1 Financials
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Fear And Loathing In The Commercial Real Estate Industry
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Cortex Pharmaceuticals (COR) Cuts 50% Of Its Workforce
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Cintas Corporation (CTAS) Misses Q3 View By A Penny; Cutting 9% of Workforce
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FOMC Maintains 0-0.25% Rate, To Purchase Additional $750B of Agency MBS, Up To $300B Longer-Term Treasuries
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Ramtron International (RMTR) Announces 17% Reduction in Salesforce
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Additional Caterpillar (CAT) Layoffs A Blow To Obama's Stimulus Plan
