Teltronics recorded a 47 percent drop in revenue in it’s second quarter reports and is saying that layoffs will occur. The telecommunications company reported a…
Candover Investment, a British Investor, cancelled a commitment to invest 1 billion euros into is latest private equity fund and will cut jobs after posting…
"Overall, we expect both the commercial and the consumer delinquencies to continue to get worse in 2009." CFO Keith Sherin said. In December the credit…