How much of this is due to the difficulties faced by Premier, Diebold's e-voting division, we (or I) don't know yet.
MCM Diebold 1Q Profit Plunges, Will Reduce Staff By THE ASSOCIATED PRESS Published: May 5, 2009 Filed at 10:40 a.m. ET <http://www.nytimes.com/aponline/2009/05/05/business/AP-US-Earns-Diebold.html>Diebold 1Q Profit Plunges, Will Reduce Staff - NYTimes.com NORTH CANTON, Ohio (AP) -- ATM maker <http://topics.nytimes.com/top/news/business/companies/diebold-inc/index.html?inline=nyt-org>Diebold Inc. says it will reduce its staff by about 300 jobs as its profit skidded 88 percent in the first quarter on a hefty charge related to a proposed SEC settlement. The adjusted results beat Wall Street's expectations, but Diebold cut its full-year earnings forecast, citing declining orders. Diebold shares fell 10 percent in morning trading. It says earnings tumbled to $1.6 million, or 2 cents per share, from $13.8 million, or 21 cents per share, a year earlier. The results included a $25 million charge for a settlement Diebold reached with the Securities and Exchange Commission. Excluding items, earnings were 39 cents per share. Analysts expected profit of 17 cents per share. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to Mark Crispin Miller's "News From Underground" newsgroup. To unsubscribe, send a blank email to newsfromunderground-unsubscr...@googlegroups.com OR go to http://groups.google.com/group/newsfromunderground and click on the "Unsubscribe or change membership" link in the yellow bar at the top of the page, then click the "Unsubscribe" button on the next page. For more News From Underground, visit http://markcrispinmiller.com -~----------~----~----~----~------~----~------~--~---