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Stock Market & Financial Investment News

News Breaks
January 31, 2013
07:04 EDTHARHarman reducing 500 jobs, to possibly cut additional 500
Harman said it is implementing restructuring initiatives, which it expects will improve the company’s operating performance. The company will reduce approximately 500 jobs in high cost countries, resulting in annual operational savings of approximately $30M-$35M beginning in fiscal year 2014. The company expects to record a restructuring charge of approximately $30M-35M in the second half of FY13. Harman said it is also evaluating the sale or closure of a manufacturing site in Europe, which would reduce an additional 500 jobs.
News For HAR From The Last 14 Days
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March 26, 2015
08:02 EDTHARHarman names 3D Systems CEO Avi Reichental to board of directors
Harman (HAR) announced that Avi N. Reichental has been elected to the company’s Board of Directors effective April 1, bringing the size of the Board to 10 directors. Reichental is President and CEO of 3D Systems (DDD).
March 16, 2015
06:32 EDTHARDelphi Automotive Harman infotainment revenue can jump, says Wells Fargo
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