Business News
Tuesday 24. November 2009

HP Reports Fourth Quarter 2009 Results

Fourth quarter GAAP diluted EPS of $0.99, up 18% from $0.84 a year earlier; Fourth quarter Non-GAAP diluted EPS of $1.14, up 11% from $1.03 a year earlier; Fourth quarter net revenue of $30.8 billion, down 8% or down 5% in constant currency from the prior year; up 12% sequentially ; Fiscal 2009 net revenue of $114.6 billion, down 3% or up 1% in constant currency; Services margins up nearly 5 points with significant growth in signings; HP claims top spot in U.S. enterprise PC market with double-digit Y/Y share gains; China fourth quarter revenue up more than 20%
Tuesday 24. November 2009

Metso reduces personnel in Valkeakoski and Jämsänkoski, Finland

Metso has concluded the employee negotiations regarding their unit in Valkeakoski and the Jämsänkoski Service Point belonging to it, in Finland, on November 23, 2009. As a result of the negotiation process initiated on September 30, 2009 a total of 11 persons in regular employment will be reduced, some of whom will be covered with pension arrangements. The reductions will be concluded by autumn 2010. The reduction notice applied to 17 people.
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