Archive for January 13th, 2009

Cessna Aircraft unit is planning to cut 2,000 more workers in its second round of layoffs in recent weeks.
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Dublin’s Elan has hired Citigroup Global Markets to review alternatives, including a minority investment, an alliance, or a merger or sale of the company.
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HCC Insurance and NuStar are upgraded; Braksem, BOK Financial and Ecolab are downgraded.
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Fourth-quarter earnings per share should rise roughly 6% from the same period a year earlier.
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The electronics company will post a $1.1 billion operating loss this fiscal year through March, its first since 1995, media reports said, as sales of liquid crystal display screens and other products fall.
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Cramer said he doesn’t want to have anything to do with consumer electronics.
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Investors favor Nortel amid ‘Second Life’ talk, Ethernet rumors.
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A report that electronics company Sony would post a massive fiscal-year operating loss sent stocks in Japan lower by more than 4%.
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Bristol-Myers has agreed to pay $85 million upfront to ZymoGenetics for rights to PEG-Interferon lambda and will pay another $20 million license fee to ZymoGenetics in 2009, the companies announced Monday.
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