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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.88

+3.9%

Jan 6 4:00 PM EST

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To: Bobby Yellin who wrote (3070)	11/12/1997 9:01:00 AM
From: Bucky Katt	Read Replies (1) of 116844

Waste Management (WMX:NYSE) said it plans to cut 1,200 jobs and reorganize into 32 regions. The job cuts will eliminate 20% of the company's workforce. Waste Management said it expects the moves to cut annual costs by $100 million. Donna Karan International (DK:NYSE) said it plans to cut its workforce by 285 jobs, or 15%, and reduce divisions to six from 15. The company will take $64 million in fourth-quarter charges for the plan. Karan also reported third-quarter earnings of 4 cents per share versus the year-ago 45 cents; First Call had no estimates for the company. Looks like McDonalds has a wide pool of labor to choose from!

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