An Alarming Rise In Layoffs
The number of layoffs at large companies dipped as the recession ended in 2009, but the practice is back with a vengeance, renewing concerns the trend will cause another period of steep…
The number of layoffs at large companies dipped as the recession ended in 2009, but the practice is back with a vengeance, renewing concerns the trend will cause another period of steep…
Parliament will question Rupert Murdoch of News Corp (NYSE: NWS) today (Reuters) IBM’s (NYSE: IBM) service business rose, driving earnings up (Reuters) Cisco (NASDAQ: CSCO) will fire 15% of its workers (Reuters)…
Cisco Systems Inc. (NASDAQ: CSCO) seems as though it cannot win for losing. The company’s updated “action plan” involves a further organizational simplification, implying lower costs and layoffs. The company aims to…
Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined…
Updated throughout the day The US government will investigation News Corp (NYSE: NWS) for bribery charges (various) Eurozone finance ministers are ready to accept a Greek default (Reuters) News Corp International reported…
News Corp (NYSE: NWS) may face a bribery probe in the U.S. (Reuters) An Apple (NASDAQ: AAPL) patent lawyer may leave the firm (Reuters) China bank lending picked up. This could cause…
Cisco (NASDAQ: CSCO), one of the largest tech firms in the U.S. with a market cap of $85 billion and annual sales of $40 billion, will lay off 5,000 to 6,000 people…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Altera Corporation (NASDAQ: ALTR) Raised to Outperform as Bull of the…
RADVision Ltd. (NASDAQ: RVSN) is going to get hit today after lowering guidance. This may have been worse than many expected, but RADVision is now in a spot that it is going…
Congress and the Administration are closer to a conclusion of negotiations on the debt cap (Reuters) The finance minister of Greece said its viability is essential to the euro zone (Reuters) Canon…
There are several ways in which companies can return money to shareholders, but the two most common methods of returning cash to shareholders are dividends and stock buybacks. Dividends are rarely controversial…
Photo by Spencer Platt/Getty ImagesOne theory of economics says that any market can return to a point where it has been in the past. The Great Recession was, by some measures as…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Boingo Wireless, Inc. (NASDAQ: WIFI) Started as Outperform at William Blair.…
Apple Inc. (NASDAQ: AAPL) has enjoyed massive growth over the last decade. It has overcome a near-death experience and transformed itself into the second largest company by market capitalization. Now that its…
Think the Internet is big now? You ain’t seen nothing yet. A recent report from Cisco Systems Inc. has some astounding predictions, including one that global Internet traffic will rise 4-fold from…