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HP prepares to announce mass layoffs - CNNMoney

Hewlett-Packard will lay off around 25000 employees, but that may not help it fix its core problems. NEW YORK (CNNMoney) -- Hewlett-Packard will announce another round of substantial job cuts Wednesday afternoon in an effort to streamline its teetering ...

HP Q3 Forecast Misses Est.; 27000 Jobs to Be CutBloomberg
Major decisions under new HP CEO Meg WhitmanBusinessWeek
HP to lay off 27000, profit slides 31 percent |Reuters

Monti, Hollande Favor Euro-Zone Bonds As Possible Solution -Source - Wall Street Journal

BRUSSELS (Dow Jones)--Italian Prime Minister Mario Monti and French President Francois Hollande met in Brussels on Wednesday and agreed to consider all the possible measures to boost European growth, including euro zone bonds, a person close to the ...

At EU summit, leaders aim to get control of debt crisisWashington Post
Greece's Caretaker Premier Meets Merkel, Hollande in BrusselsBloomberg
Eurozone crisis: Germany and France disagree over eurobonds at summitThe Guardian

European Banks Unprepared for Pandora's Box of Greek Exit - Bloomberg

$European Banks Unprepared for Pandora\'s Box of Greek Exit - Bloomberg$ Europe's banks, sitting on $1.19 trillion of debt to Spain, Portugal, Italy and Ireland, are facing a wave of losses if Greece abandons the euro. While lenders have increased capital buffers, written down Greek bonds and used central-bank loans to help ...

FOREX-Dollar hits 20-mth high, Greece exit fears dent euroReuters
War-Gaming Greek Euro Exit Shows Hazards in 46-Hour WeekendSan Francisco Chronicle
Dollar hits 20-month high, Greece exit fears dent euroEconomic Times

Existing Home Sales Rise—Affordability Helps - BusinessWeek

By Peter Coy on May 22, 2012 To move the merchandise, cut the price. That time-tested formula finally seems to be working in the US housing market. The National Association of Realtors said today that sales of existing homes rose 3.4 percent in April, ...

Sales of U.S. Existing Homes Rise as Market Stabilizes: EconomySan Francisco Chronicle
Why the Huge Spike in Home Prices is Not RealCNBC.com
US April Existing-Home Sales Up 3.4%; Prices JumpFox Business

American Eagle rises on CFO departure, 77kids exit - Atlanta Journal Constitution

AP NEW YORK — Shares of American Eagle Outfitters Inc. climbed Monday after the teen retailer announced plans to exit its children's business and detailed the departure of Chief Financial Officer Joan Hilson. THE SPARK: American Eagle said late Friday ...

Can American Eagle Fly Higher?Barron's