The company also said it plans to cut 700 jobs in a restructuring program.
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In response, the company is cutting 500 jobs as part of a broad restructuring program.
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Xerox continues to cut costs and it just announced another restructuring program.
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Its share price has risen around 10% since the beginning of the year as concerns about its restructuring program have abated, the analyst said.
The firm, which is a joint venture between Finland's Nokia and Germany's Siemens, has said the restructuring program will involve cuts across operations worldwide.
The company also said it plans a cost restructuring program in the fourth quarter that will reduce operating expenses by up to 10% for 2012.
Lexmark International this morning said it will exit the inkjet printer hardware business and cut 1, 700 jobs worldwide as part of a corporate restructuring program.
Espoo, Finland - Nokia Siemens Networks today announced its strategy to focus on mobile broadband and services and the launch of an extensive global restructuring program.
ENGADGET: Nokia Siemens to cut 17,000 jobs as part of global restructuring
Pepsi Bottling Group, the largest bottler for PepsiCo, announced Tuesday it is cutting costs as part of a multiyear restructuring program to improve efficiencies in its global operations.
In late September, the company had announced plans for a restructuring program to reduce costs, including a reduction in force to around 1, 000 by early next year from 1, 275.
With a three-year restructuring program already underway since 2004, the latest move means a total of 13, 500 layoffs (around 13% of the workforce) and nearly 40 shuttered facilities by the end of 2008.
Such as accusing Star Gas of misleading investors about the success of its customer-service operations and a restructuring program in 2002 and 2003, when the firm sold stock in two offerings.
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In an interview with Forbes this afternoon, CFO George Davis noted that the large charge in the latest quarter reflects the restructuring program announced in October, which includes a reduction in force of 900 to 1, 300 positions, or 6%-9% of the global workforce.
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The government will eventually get what it wants, but not in the next production lot because it keeps restructuring the program in ways that make it less efficient.
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Hammond -- or anyone else who advocates unduly restrictive and counterproductive plans for restructuring the SDI program.
In short, the dictates of common sense, fiscal responsibility and even Defense Department regulations have been seriously disserved by the latest "top-down" restructuring of the V-22 program to a reduced, single-service requirement.
Ms. Mayer's "review process may lead to a reevaluation of, or changes to, our current plans, including our restructuring plan, our share repurchase program, and our previously announced plans for returning to shareholders substantially all of the after tax cash proceeds" from the sale of Yahoo's stake in Alibaba.
The GOP budget proposes, among other things, turning Medicaid into a block-grant program controlled by the states, restructuring Medicare and reducing the top individual and corporate tax rates to 25% from 35%.
The effectiveness of ECB purchases of government bonds through its Securities Market Program has also been weakened, analysts say, by Greece's debt restructuring, where the ECB was treated better than private investors.
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