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Business Events Corporate Restructuring

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  • Inventories, Obama Help Stocks Pare Losses Wednesday, 13 May 2009 | 10:38 AM ET

    Stocks pared their losses Wednesday after a report showed business inventories shrunk at a slower pace and remarks from President Obama on health-care reform.  Still, stocks remained under pressure as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.

  • Futures Slip Before Retail Sales; Banks Lower Wednesday, 13 May 2009 | 7:35 AM ET

    Stock index futures indicated a lower opening for Wall Street Monday, as bank shares continued to struggle and investors looked for guidance on the strength of the economy from retail sales numbers.

  • Stocks Shed 1.8% as Banks Skid; Techs Gain Monday, 11 May 2009 | 4:57 PM ET

    Stocks shed 1.8 percent Monday as investors took a breather after last week's run. The Nasdaq's drop was less severe as techs gained.

  • Stocks Pull Back as Financials Lose Steam Monday, 11 May 2009 | 10:52 AM ET

    Stocks retreated Monday as investors took a breather after last week's run. The Dow was down over 100 points in the first few minutes of trading as banks declined.

  • Futures Fall as Financials Lose Steam Monday, 11 May 2009 | 7:45 AM ET

    Following last week's gains, stock index futures indicated a lower open for the stocks Monday as investors remained concerned about the health of the financial system as the stress-test hype wears off.

  • Layoffs Not an Option for Some US Companies Tuesday, 7 Apr 2009 | 5:23 AM ET
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    Revenue may be down and the pressure to slash costs intense, but some U.S. companies say job cuts are not an option.

  • Costco to Close Home Stores as Spending Falls Thursday, 2 Apr 2009 | 4:09 AM ET

    Costco Wholesale announced plans to close two Costco Home stores Thursday as part of the discount retailer's cost-saving program to combat falling consumer spending.

  • Stocks Barrel Higher as Techs Rally Tuesday, 17 Mar 2009 | 4:51 PM ET

    After a rocky start, stocks barreled higher Tuesday fueled by a surge in techs and a report that showed new home construction unexpectedly jumped in February.  Even banks posted strong gains.

  • Citi Leads Dow; Tech Stocks Soar Tuesday, 17 Mar 2009 | 3:17 PM ET

    Stocks struggled to hold gains Tuesday as investors were encouraged by a report that showed new home construction unexpectedly jumped in February but banks wobbled.

  • Stocks Advance but Banks Wobble Tuesday, 17 Mar 2009 | 11:20 AM ET

    Stocks struggled at the open Tuesday as investors were encouragd by a report that showed new home construction unexpectedly jumped in February but banks wobbled.

  • Futures Jump After Housing Starts Surprise Tuesday, 17 Mar 2009 | 8:54 AM ET

    Futures rebounded Tuesday after a report showed new home construction unexpectedly jumped in February.

  • Stocks Log Best Week Since November Friday, 13 Mar 2009 | 5:24 PM ET

    Stocks went four for four Friday in a dramatic win that delivered stocks their best week since November.

  • Stocks Retreat as Banks Turn Mixed Friday, 13 Mar 2009 | 11:32 AM ET

    Stocks opened slightly higher Friday amid some much-needed good news from banks.

  • Futures Indicate Rally Will Continue Friday, 13 Mar 2009 | 8:41 AM ET

    Futures pointed to a fourth straight session of gains Friday amid some much-needed good news from banks.

  • Quiet Layoffs Sting Workers Without Notice Friday, 6 Mar 2009 | 8:07 AM ET
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    With the economy weakening, chief executives want Wall Street to see them as tough cost-cutters who are not afraid to lay off workers. But plenty of job cuts are not trumpeted in news releases, the New York Times reported.

  • Sony Shares Fall, Stringer Takes Control Sunday, 1 Mar 2009 | 8:10 PM ET
    Sony Building

    Shares of Sony closed half a percent lower Monday after the electronics maker said CEO Howard Stringer would double up as president and directly oversee the electronics division at the centre of its problems.

  • Sony Centers Power in Incoming President Stringer Friday, 27 Feb 2009 | 9:06 AM ET
    Sony Building

    Sony sent a message of change Friday in centering power in Chief Executive Howard Stringer, who will also become president and gain greater say over its core electronics business as Japan's iconic electronics maker tackles a painful global slump.

  • vault_logo_2.jpg

    Turnover at the top, presents an unique opportunity and set of challenges for a new leader to deal with, and managing the transition is the first step to ensuring success in any executive role. Fortunately, there's one fairly high-profile transition going on right under our noses, with the new guy and his team set to finally take the reins on Tuesday.

  • Pros Drill Down on Citi, BofA Results Friday, 16 Jan 2009 | 8:09 AM ET

    Bank of America and Citigroup both reported worse-than-expected losses for the fourth quarters Friday, including billions of dollars of writedowns from exposure to debt and real-estate markets. Experts give CNBC their reactions to the results.

  • Pink Slip Flamingos? Zoos Hit by Downturn Tuesday, 13 Jan 2009 | 5:33 AM ET
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    Even porcupines could get pink slips in the slumping economy as states consider cutting or eliminating funding that supports zoos, aquariums and botanical gardens.