Wednesday, April 25, 2007

UPDATE 1-Unisys posts small profit, plans more job cuts

(Reuters) - The company also said it would cut 950 jobs in the United States and United Kingdom, extending a layoff program begun at the end of 2005 that had previously eliminated 5,600 positions.

The company reported first-quarter net income of $3.6 million, or 1 cent a share, compared with a year-earlier loss of $27.9 million, or 8 cents a share.


Read more at Reuters.com Market News

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