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Hasbro 4Q revenue misses, to cut jobs

Toy maker Hasbro says its fourth-quarter revenue failed to meet expectations because of weaker-than-expected demand over the holidays.

 

Best Buy sales disappoint; to close stores, cut jobs

Best Buy

Best Buy Co reported weaker-than-expected sales for the key holiday quarter, prompting the world's largest electronics chain to close 50 U.S. stores and cut 400 jobs in corporate and support areas.

 

ING to cut 2,700 jobs, takes Greek bond hit

Dutch financial services group ING is to cut 2,700 staff and contract jobs, it said on Thursday in announcing third-quarter results, slashing the headcount at its Dutch retail banking operations by 10 percent in the face of deteriorating markets.

Senh: The Greek debt crisis takes another bank victim.

 

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