CTL is the largest of the three (FTR, CTL, and WIN)
Maybe some of the recent downward pressure is due to this?
Wal-Mart Stores Inc. plans to cut thousands of back-office positions around the country, a sign that the retailer’s effort to make its cavernous stores more efficient is also changing the face of its workforce.
The largest private employer in the U.S. is eliminating about 7,000 store accounting and invoicing positions over the next several months. The jobs are mostly held by long-term employees, often some of the highest paid hourly workers in stores.
I love me good recovery...lol
(Reuters) - Cisco Systems Inc is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker's global workforce, technology news site CRN reported, citing sources close to the company.
Cisco, which is due to report fourth-quarter results later on Wednesday, is expected to announce the cuts within the next few weeks, the report said.
Another 5,000+ jobs lost to this "hot" economy.
KNOXVILLE, Tenn. — The Maryville-based Ruby Tuesday restaurant chain said Thursday it will close 95 of its underperforming locations by the end of the year in a move to help cut losses.
Hey, it's all good.
What's another 10,000 unemployed?
Wall Street cheered Macy's plan to cut costs by dramatically reshaping its store base. Ludgren and his team expect to shutter a whopping 100 locations that are responsible for a collective $1 billion of net sales. While the company sees physical stores as important to its strategy, it is placing most of its long-term growth bets on internet selling.
FTR has been in the $5 range for the last five years.
Great safe dividend yield.
Growing through acquisitions, hardly the only company to do so.
Now larger and more diversified than ever.
Landline now only 14% of business.