| La-Z-Boy to cut 850 jobs, reports wider loss 6:59PM ET La-Z-Boy Inc. said late Tuesday that it will lay off 850 workers as it reported a widening loss for its fiscal second quarter, hurt by a deteriorating economy and historically low customer confidence. topix.com |
Herman Miller closing Spring Lake Township subsidiary, announces 75 percent cut in dividends Office-furniture maker Herman Miller Inc. announced Thursday it is closing its Spring Lake Township subsidiary Integrated Metal Technologies starting in August and by spring 2010 and reducing its dividend 75 percent to cut costs. topix.com |
Leggett & Platt changes forecast Leggett & Platt Inc. recently raised its forecast for full-year profit and third-quarter results above Wall Street expectations. topix.com |
Names and Faces in Business for May 16 Hart & Cooley named Kevin Read brand and product manager for its SMART Air & Energy product line. topix.com |
Shopko names VP customer relationship marketing Green Bay, Wis. Shopko said Wednesday that Dianne Parker has been appointed VP customer relationship marketing. topix.com |