Coke To Fire 1800, Caterpillar Laying Off 200
by Tyler Durden
ZeroHedge.com
01/08/2015
Stocks are up nearly 2% today alone, with the S&P back to green for 2015. Among the reasons for today’s rally: lower overhead courtesy of KO and CAT, which announced that between the two of them, they would fire some 2,000 workers, which is great news for stocks if not for actual employees as there will be even more dry powder for another record quarter of stock buybacks.
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