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Articles about wall street

Yahoo to announce layoffs

by Sue Walsh on Oct 20, 2008 at 08:04 AM

Sources have revealed to the Wall Street Journal that Yahoo! will announce layoffs when they reveal their quarterly earnings tomorrow.  The exact number of jobs affected isn’t know but is estimated to be at least 1,000.  The move isn’t much of a surprise, however.  Last month they hired a consulting… Continue Reading »

Stock tumble hits tech biz hard

by Sue Walsh on Sep 30, 2008 at 12:18 PM

Yesterday’s stock tumble has hit tech businesses hard. Nasdaq, which is primarily tech businesses, fell nearly 200 points, and several big tech businesses saw similar drops.  Apple fell 18%, AMD nearly 17%, and Intel over 10%. Similarly, Google saw its stock fall over $50 to $381 a share. That’s nearly… Continue Reading »

Wall Street woes may mean trouble for mobile phone makers

by Sue Walsh on Sep 20, 2008 at 09:07 AM

The nightmare on Wall Street may become one for mobile phone makers and providers as well. The financial markets have long provided them with their most profitable customers, but with over 12,000 workers already out of a job and the possibility of tens of thousands more joining them, tough times… Continue Reading »

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