Analyst Research
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Provider: Reuters Investment Profile
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$20.00
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Provider: Wright Reports
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$472.00
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Provider: Wright Reports
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$115.00
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Provider: Auerbach Grayson & Co., Inc.
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$25.00
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Trainers House Oyj Concludes Codetermination Negotiations; to Cut Jobs
Trainers House Oyj announced that it has concluded the codetermination negotiations concerning the whole group initiated in January 2013. As a result of the negotiations, a total of nine employment contracts in the Group will be terminated. The Group will save approximately EUR 0.9 million annually due to personnel reductions and rationalization. The savings will be realized in full during the third quarter of 2013. The non-recurring costs of personnel reductions and estimated other costs of the restructuring are approximately EUR 0.1 million and will be booked in the first quarter's reporting.
Latest Developments for Trainers House Oyj
- Trainers House Oyj Comments on FY 2013 Financial Guidance
- Trainers House Oyj Issues FY 2013 Net Sales Guidance Below Analysts' Estimates and FY 2013 Operating Profit Guidance Above Analysts' Estimates
- Trainers House Oyj Starts Codetermination Negotiations; Possible Layoffs
- Trainers House Oyj Appoints Mr. Arto Heimonen New Chief Executive Officer
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