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UPDATE 1-STMicro to cut 1,400 jobs and quit set-top business
2016-01-27 11:13:04| Electronics - Topix.net
Jan 27 Franco-Italian chipmaker STMicroelectronics said on Wednesday it would cut about 1,400 jobs worldwide as part of a global restructuring plan that would put an end to its set-top box business. The headcount reduction includes about 430 positions in France, 670 in Asia, mostly in India, and 120 in the United States, STMicro said in a statement.
Tags: business
jobs
update
cut
Q4 2015 EPS Estimates for Celadon Group, Inc. (CGI) Cut by BB&T Corp.
2016-01-26 20:05:30| Trucking - Topix.net
BB&T Corp. lowered their Q4 2015 EPS estimates for shares of Celadon Group in a research note issued on Monday, Zacks Investment Research reports. BB&T Corp. analyst T. Albrecht now forecasts that the firm will post earnings of $0.27 per share for the quarter, down from their prior estimate of $0.30.
Western Gas Partners, LP (WES) Cut to "Hold" at Tudor Pickering
2016-01-26 09:12:47| Grocery - Topix.net
Several hedge funds have recently added to or reduced their stakes in the stock. Duff & Phelps Investment Management Company boosted its stake in Western Gas Partners, by 5.3% in the fourth quarter.
Tags: western
hold
partners
cut
Rogers Media to cut workforce 4%: 200 TV, radio, publishing and admin jobs
2016-01-25 20:01:58| Telecom - Topix.net
Rogers Media has told employees that the company's workforce will be reduced by four per cent, affecting 200 jobs in television, radio, publishing and administration. The Toronto-based company says the cuts are part of efficiency efforts at Rogers Communications , one of Canada's largest telecom companies.
Western Gas Partners, LP (WES) Cut to "Hold" at Tudor Pickering
2016-01-25 18:23:44| Agriculture - Topix.net
Several hedge funds have recently added to or reduced their stakes in the stock. Duff & Phelps Investment Management Company boosted its stake in Western Gas Partners, by 5.3% in the fourth quarter.
Tags: western
hold
partners
cut
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