Wed, Sep 17, 2014, 8:57 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Cincinnati Financial Corp. Message Board

justforfun513333 1 post  |  Last Activity: Jul 23, 2014 4:08 PM Member since: Mar 27, 2004
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Down Down

    by tpmckeeart Jul 17, 2014 2:11 PM
    justforfun513333 justforfun513333 Jul 23, 2014 4:08 PM Flag

    SA is laying off about 1/3 of the IT staff and outsourcing the jobs overseas. Expect immediate expense savings, but ultimately chaos since these schemes rarely work over the long term to build competitive advantage. Word is very little work is getting done as people fuss about who will and won't have jobs.

    It does prepare the company for a sale next year - which should cause the price to rise since generally a stock is bought at a premium.

47.99+0.05(+0.10%)Sep 17 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.