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Bernanke's Unprecedented 60 Minutes Interview; "We've Averted" Another Great Depression
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Highlights From Smith & Wesson's (SWHC) Q3 Conference Call: Law Enforcement/Tactical Sales Up, Hunting Sales Down
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Research In Motion (RIMM) Sells-Off On Bearish Research Report
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Sunoco (SUN) Will Reduce its Salaried Workforce by 750 Positions
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QAD (QADI) Swings to Q4 Loss
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PPG Industries (PPG) Announces Restructuring Plan; Cutting 2,500 Jobs; Guides Q1 EPS
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PGT, Inc. (PGTI) Cuts 100 Employees
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Conoco (COP) Exec Sees Oil Moving Up to $60-$70/Barrel
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Belo Corp (BLC) Eliminates 150 Positions
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National Semiconductor (NSM) Reports Q3 Results
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Mercury General (MCY) Eliminates 360 Positions from Workforce
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United Technologies (UTX) Cutting Jobs, Guidance
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Medis Technologies (MDTL) Cuts 50 Employees from Israeli Office
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Eastman Chemical (EMN) Announces Actions to Reduce Costs by Another $100M; Guides FY09
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McClatchy (MNI) to Reduce Workforce by 15%
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Top 10 News Items 3/2-3/6: Job Losses at 600K+ for 3 Months in a Row; Dow Cracks 7K, S&P Cracks 700; Wells Fargo Cuts Dividend to $0.05/Share
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Deere & Co (DE) to Cut 325 Jobs in Construction and Forestry Division
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David Moenning's Daily State of the Markets: 3/6
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Three Straight Months of 600K+ Job Losses, Unemployment Rate Surges to 8.1%
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Feb Nonfarm Payrolls Down 651,000, Versus The Consensus of 650,000
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Finisar (FNSR) Reports Breakeven Q3 Results; to Reduce Workforce by 17%, Suspends 401(k) Match
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Marvell Technology (MRVL) Tops Q4 Views; Cutting 15% of Jobs
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Morning Movers 3/5: Gymboree (GYMB) Slammed On Weak Guidance; Family Dollar (FDO) Higher On Sales/Earnings Guidance
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Treasury Secretary Tim Geithner Prepared Remarks For House Budget Committee Hearing
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Obama and Wall Street: A Love-Hate Relationship
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Fed Beige Book: Conditions Deteriorated Further, Sees No Significant Pickup Until At Least Late '09
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Layoffs At Apple (AAPL)?
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Treasury Secretary Tim Geithner Testimony To House Ways and Means Committee
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RF Micro Devices (RFMD) to Cut 100 Jobs Worldwide
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A. Schulman (SHLM) Withdraws FY09 Outlook; Announces Further Realignment Actions; to Cut Headcount by 64 Positions
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Timken (TKR) To Cut Up To 400 Jobs
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J. Crew (JCG) Announces Cost Reductions: Cutting 95 Jobs, Suspends 401(k) Match, Eliminates Merit-Based Wage Increases
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Highlights From Autodesk's (ADSK) Q4 Conference Call: Global Slowdown Impacting All Business Segments
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Sotheby's (BID) Reports Q4 Loss of $0.13; Cutting 15% of Jobs
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JPMorgan Chase (JPM) Sees Home Equity Losses Growing Through 2010; Credit Card Chargeoffs Rise - Reuters
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Armstrong World Industries (AWI) Reports Mixed Q4 Earnings; to Cut 5-10% of Workforce in '09
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Initial Jobless Claims Come In at 667,000, Continuing Claims at 5.1 Million
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Kulicke and Soffa (KLIC) to Cut 215 Employees from Workforce; Sees Annual Savings of $12.4M
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Macerich (MAC) to Reduce Headcount by 142 Employees
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Interface (IFSIA) Misses Street's Q4 Views; Cuts Dividend from $0.12 to $0.01/Share; to Reduce Workforce by 290 Jobs
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Elan (ELN) Announces Further Alignment of Resources; to Cut 14%, or 230 Positions, from Workforce; Reaffirms FY09 Outlook
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Micron (MU) to Cut 2K Jobs at Idaho Sites by Year-End; Sees $150M in Annual Savings
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Verenium Corporation (VRNM) Tops Q4 View By 8c; Cuts Workforce By 15%
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iPass (IPAS) Misses Q4 View By 4c; Guides Down; Cutting Jobs
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American Express (AXP) Paying $300 To Close Certain Card Member Accounts
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Christopher & Banks (CBK) Cutting 11% of HQ Headcount; Suspends 401(k) Match
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Mining-Giant Anglo American (AAUK) to Cut 19K Jobs, Suspend Dividend; Stock Down 13%
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iGo (IGOI) Announces Reduction in Workforce and Appointment of New CFO
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Brazil's Embraer (ERJ) to Layoff 20% of Workforce; Lowers FY09 Sales Outlook
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FOMC Minutes from Jan. 16 and Jan. 27-28
