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Posts related to ‘restructuring’

Steelmaker Schnitzer Slashes Forecast, Will Fire 300 (SCHN, AKS, MT, X, NUE, STLD)

Steelmaker Schnitzer Steel Industries Inc. (NASDAQ: SCHN) announced this morning that it would fire 300 workers in a restructuring the company said will save $25 million annually. The restructuring is ...
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Lexmark Quits Inkjet Printer Business

Computer printer maker Lexmark International Inc. (NYSE: LXK) announced today that it will leave the inkjet printer business. The company expects to eliminate its inkjet development by the end of ...
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Patriot Coal’s Starts Bloodbath for Coal Miners (PCX, BTU, ACI, CNX, ANR, JRCC, WLT, CLD, KOL)

Shares of Patriot Coal Corp. (NYSE: PCX) are in freefall this afternoon on a report from Debtwire that the company is seeking a firm to help with its restructuring. The ...
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