Tag Archives: austerity

Big time losers and the reasons why (ING, HDY, STEC)

In this report: ING Group (NYSE:ING), HyperDynamics (NYSE:HDY) and Stec inc. (NASDAQ:STEC).

Stec inc. (NASDAQ:STEC) has dropped by more than 15 percent today after the company reported a 65 percent drop in third quarter profits. The company seen a net …

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Italy approves 45 billion euro austerity package

The Italian government announced that they have approved a 45 billion euro ($64.12 billion) austerity program that will last 2 year as it try’s to balance the 2013 budget and meet European Central Bank demands.

Local government officials in Italy …

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Greece warned of employment crash by union leader

The head of Greece’s largest labor union announced on thursday that the Socialist governments planned austerity measures would cause an “employment crash” which would put the country’s jobless rate at record new lows.

On wednesday Greece agreed that they would …

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