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Zynga cuts 520 workers and shutters several offices

2013-06-03 21:26:37| CNET News.com

The embattled social-games maker aims to cut up to $80 million in costs by culling employees across the company and closing offices in New York, Los Angeles, and Dallas. [Read more]    

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Analyst: Expect sweeping console price cuts at E3

2013-06-03 14:52:16| CNET News.com

Microsoft and Sony both have new consoles coming, so price cuts make sense on existing models. Even the Wii U might get discounted, according to Wedbush analyst Michael Pachter. [Read more]    

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CompX cuts dividend to 5c from 12.5c per share

2013-06-01 11:06:30| Furniture - Topix.net

CompX cuts dividend to 5c from 12.5c per share CompX International announced, following CompX's sale of its furniture components business, earnings and cash flow generated by operations is expected to be significantly lower than in prior periods.

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Market outlook: Japan domestic petrochemical cuts to come

2013-05-31 21:40:59| Chemicals - Topix.net

Japan's petrochemical and polymer producers have had a torrid time of it for the past 18 months.

Tags: market japan domestic outlook

 

UPDATE 2-Joy Global cuts forecast as miners slash spending

2013-05-30 18:03:37| Industrial Machines - Topix.net

Mining equipment maker Joy Global Inc reported lower second-quarter results and cut its earnings outlook for the full year as a fall in commodity prices forces miners to slash capital spending.

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