- Stock futures lower as bank bailout repayment awaited| Leave a Comment
38 mins ago
NEW YORK (Reuters) – Stock index futures pointed down about 1 percent on Monday after three weeks of gains, and markets awaited government word about the repayment of bank bailout money this week.
* The Obama administration is expected to announce a higher-than-expected number of big banks will be allowed to repay their [...]
- Lenovo sees quarterly loss, to trim staff| Leave a Comment
HONG KONG (Reuters) – Lenovo Group (0992.HK), the world’s No. 4 PC seller, announced a broad restructuring on Thursday, including a lay-off of 2,500 workers, as the global downturn pushed it to a loss for the December quarter.
Shares in the company, which were suspended on Wednesday, opened nearly 17 percent lower in Hong Kong [...]
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