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AOL to Slash a Third of Staff
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Thursday, 19 November 2009 |
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In advance of its December 9 spin-off from Time Warner (TWX), AOL is looking to cut as much as a third of its staff. According to a SEC filing, AOL has notified its employees of the cuts.
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"We Still Have A Way To Go"
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Thursday, 19 November 2009 |
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11/19/09 Floor trader Doreen Mogavero shares her thoughts behind today's market plunge and explains why "we still have a while to go."
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Williams-Sonoma Beats on Cost Controls
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Thursday, 19 November 2009 |
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Williams-Sonoma (WSM) posted earnings of $7.3 million, or 7 cents per share, for the third quarter, as compared to a loss of $11 million, or 10 cents per share, in the same quarter last year. Cost controls at the companys namesake cookware and Pottery Barn home goods stores helped results.
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Business Update: UK debt mounts
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Thursday, 19 November 2009 |
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Air France-KLM plans further job cuts after posting H1 loss. UK retail sales hit 17-month high. Official figures see Britain sinking deeper into the red. British talent show star, Susan Boyle's debut album becomes the most pre-ordered CD through Amazon.
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Children's Place Beat Wall Street Estimates
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Thursday, 19 November 2009 |
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Childrens Place (PLCE) posted a third quarter profit of $37.8 million, or $1.37 per share today, as compared to $24.1 million, or 81 cents per share, in the same quarter last year. Net sales climbed three percent to $463.2 million and income from continuing operations came in higher than Wall Street estimates.
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