Home › Forums › Financial Markets/Economics › Amylin cuts 340 in first wave
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LAAFTERHOURS.
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November 12, 2008 at 12:43 PM #303727November 12, 2008 at 11:57 PM #303626
capeman
Participant[quote]Did you see the article last week about one of the big investors in Amylin urging for the company to be sold off?[/quote]
I think that is what Amylin is doing by cost-cutting and trying to become profitable. The big hit they just took is mostly on their followon drug needing more trials due to manufacturing issues. They must conserve cash to run the trials. I bet if there is a second wave it is including research but that is just a hunch.
Don’t listen to what Carl Icahn says though. He bought into Yahoo for the MSFT buyout and lost big on that one.
November 12, 2008 at 11:57 PM #303988capeman
Participant[quote]Did you see the article last week about one of the big investors in Amylin urging for the company to be sold off?[/quote]
I think that is what Amylin is doing by cost-cutting and trying to become profitable. The big hit they just took is mostly on their followon drug needing more trials due to manufacturing issues. They must conserve cash to run the trials. I bet if there is a second wave it is including research but that is just a hunch.
Don’t listen to what Carl Icahn says though. He bought into Yahoo for the MSFT buyout and lost big on that one.
November 12, 2008 at 11:57 PM #303999capeman
Participant[quote]Did you see the article last week about one of the big investors in Amylin urging for the company to be sold off?[/quote]
I think that is what Amylin is doing by cost-cutting and trying to become profitable. The big hit they just took is mostly on their followon drug needing more trials due to manufacturing issues. They must conserve cash to run the trials. I bet if there is a second wave it is including research but that is just a hunch.
Don’t listen to what Carl Icahn says though. He bought into Yahoo for the MSFT buyout and lost big on that one.
November 12, 2008 at 11:57 PM #304016capeman
Participant[quote]Did you see the article last week about one of the big investors in Amylin urging for the company to be sold off?[/quote]
I think that is what Amylin is doing by cost-cutting and trying to become profitable. The big hit they just took is mostly on their followon drug needing more trials due to manufacturing issues. They must conserve cash to run the trials. I bet if there is a second wave it is including research but that is just a hunch.
Don’t listen to what Carl Icahn says though. He bought into Yahoo for the MSFT buyout and lost big on that one.
November 12, 2008 at 11:57 PM #304074capeman
Participant[quote]Did you see the article last week about one of the big investors in Amylin urging for the company to be sold off?[/quote]
I think that is what Amylin is doing by cost-cutting and trying to become profitable. The big hit they just took is mostly on their followon drug needing more trials due to manufacturing issues. They must conserve cash to run the trials. I bet if there is a second wave it is including research but that is just a hunch.
Don’t listen to what Carl Icahn says though. He bought into Yahoo for the MSFT buyout and lost big on that one.
November 14, 2008 at 10:30 AM #304507SD Transplant
ParticipantI guess the news related to job losses aren’t stopping anytime soon…..I don’t know the true local impact of these two companies below, but at the macro level the economy, the impact will get bigger. These are well paying jobs compared to other sectors.
– Sun Microsystems to cut up to 6,000 jobs
– Citigroup to lay off another 10,000 – reportNovember 14, 2008 at 10:30 AM #304871SD Transplant
ParticipantI guess the news related to job losses aren’t stopping anytime soon…..I don’t know the true local impact of these two companies below, but at the macro level the economy, the impact will get bigger. These are well paying jobs compared to other sectors.
– Sun Microsystems to cut up to 6,000 jobs
– Citigroup to lay off another 10,000 – reportNovember 14, 2008 at 10:30 AM #304884SD Transplant
ParticipantI guess the news related to job losses aren’t stopping anytime soon…..I don’t know the true local impact of these two companies below, but at the macro level the economy, the impact will get bigger. These are well paying jobs compared to other sectors.
– Sun Microsystems to cut up to 6,000 jobs
– Citigroup to lay off another 10,000 – reportNovember 14, 2008 at 10:30 AM #304903SD Transplant
ParticipantI guess the news related to job losses aren’t stopping anytime soon…..I don’t know the true local impact of these two companies below, but at the macro level the economy, the impact will get bigger. These are well paying jobs compared to other sectors.
– Sun Microsystems to cut up to 6,000 jobs
– Citigroup to lay off another 10,000 – reportNovember 14, 2008 at 10:30 AM #304960SD Transplant
ParticipantI guess the news related to job losses aren’t stopping anytime soon…..I don’t know the true local impact of these two companies below, but at the macro level the economy, the impact will get bigger. These are well paying jobs compared to other sectors.
– Sun Microsystems to cut up to 6,000 jobs
– Citigroup to lay off another 10,000 – reportDecember 29, 2008 at 5:31 PM #321055Mayer
ParticipantMy friend works at a local broker dealer, LPL Financial, which is the largest independent B/D in the country actually, told me they’re laying off 10% of their workforce, about 300 people.
He thinks the cuts aren’t over yet…
December 29, 2008 at 5:31 PM #321403Mayer
ParticipantMy friend works at a local broker dealer, LPL Financial, which is the largest independent B/D in the country actually, told me they’re laying off 10% of their workforce, about 300 people.
He thinks the cuts aren’t over yet…
December 29, 2008 at 5:31 PM #321459Mayer
ParticipantMy friend works at a local broker dealer, LPL Financial, which is the largest independent B/D in the country actually, told me they’re laying off 10% of their workforce, about 300 people.
He thinks the cuts aren’t over yet…
December 29, 2008 at 5:31 PM #321477Mayer
ParticipantMy friend works at a local broker dealer, LPL Financial, which is the largest independent B/D in the country actually, told me they’re laying off 10% of their workforce, about 300 people.
He thinks the cuts aren’t over yet…
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