UPDATE 1-SCA to cut costs in forest products business

UPDATE 1-SCA to cut costs in forest products business
STOCKHOLM Dec 19 (Reuters) – Swedish hygiene and paper product maker SCA has launched a cost-cutting programme in its forest products division in the face of tough economic conditions. SCA said on Wednesday it hoped to generate annual earnings …
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PhillyDeals: Banks still focus on cutting costs rather than financing job growth
Banks are talking boldly about business growth prospects for 2013, but analysts who track what lenders actually do say most are acting as though they are still more focused on cutting costs than on financing things that could put more Americans back to …
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ITW to consolidate units to cut costs
As part of its strategy to cut costs and increase profit, the company plans to consolidate its businesses into about 150 units. Each is expected to generate average revenue of about $ 100 million a year. For example, the company's 76 business units in …
Read more on Morris Daily Herald