Since reaching a low in early March, the Dow has gained 28percent and the S&P 500 has risen 33 percent.(Reporting by Chuck Mikolajczak; Editing by Padraic Cassidy) Stocks Funds News ETFs News China France North Korea. Treasury debt price rose in Asiantrade on Tuesday, with the yield edging away from last week'ssix-month peak, while the market braced for $101 billion worthof government debt sales this week The U.S. Dow Jones Industrial Average futures DJc1 shed 42points, while Nasdaq 100 NDc1 futures were off 8.25 points U.S. Averil Capital Markets Group, LLCDiana Maranon, 310-553-5351Managing orInFocusLisa K. Factors thatcould cause actual results to differ from these forward-looking statementsinclude, but are not limited to, conditions affecting the industries in whichInFocus operates, the parties` ability to satisfy the conditions to andconsummate the merger, the ability of InFocus to realize anticipated costsavings, and other risk factors found in the InFocus annual report on Form 10-Kfor the year ended December 31, 2008, and quarterly report on Form 10-Q for theperiod ended March 31, 2009. His background includes founding and running KDS USA, aUS$400 million distributor of monitors and notebooks; co-founding eMachines, aUS$1 billion computer company, and its subsequent sale to Gateway, Inc.; andpurchasing Packard-Bell BV, a European computer distributor, and its subsequentsale to Acer Inc.
He has BS and MBA degreesand is a certified internal auditor He was a former Citicorp resident inspector(internal audit). Backed by more than 20 years ofexperience and innovation in digital projections, and over 245 patents, InFocusis dedicated to setting the industry standard for large format visual display.The company is based in Wilsonville, Oregon with operations in North America,Europe and Asia InFocus is listed on NASDAQ under the symbol INFS. About InFocus CorporationInFocus is the industry pioneer and a global leader in the digital projectionmarket. The company`s digital projectors make bright ideas brilliant everywherepeople gather to communicate and be entertained - in meetings, presentations,classrooms and living rooms around the world. * Deal envisions no forced layoffs until June 2010 * Cost savings of 250 mln euros precondition to save jobs * Workers to take stake in company for pay cuts * Labour to get half of supervisory board seats * Continental shares fall 4.6 percent (Adds details, background) FRANKFURT, May 26 (Reuters) - German ball bearing makerSchaeffler has struck a deal with labour to avoid forced layoffsfor one year and let workers take a stake in the company inexchange for pay cuts, a top IG Metall union leader said.
The deal, which hinges on labour's supporting cost cuts,could head off up to 4,500 layoffs that Schaeffler had plannedto help shore up its finances after a botched takeover of largercar parts peer Continental AG (CONG.DE). Schaeffler said on Tuesday it would not fire staff until endof June 2010 if it can cut costs by 250 million euros ($349.3million). It asked workers to accept shortened working hours andpay cuts. Some will get severance payments and others may switch intospecial purpose companies that train workers for new jobs. "The cost savings are to be transformed into a stake in thecompany", the union official said on the condition he not beidentified Details still need to be negotiated, he added. Privately held Schaeffler and the union also agreed thatlabour representatives will take half of the seats on a new Schaeffler supervisory board to be set up.
"We expect co-determination to be established within thenext three months", the union member said, using the German termfor giving workers a big say in how companies are run. However, parts of the deal might become obsolete if thetakeover of Continental is reversed, which is expected to happensoon. Schaeffler faces increasing difficulties paying back the 11billion euros ($15 billion) of debt it amassed to buyContinental before the financial crisis erupted and car marketscollapsed. After months of discussions with creditors Schaeffler hadsaid last week it is mulling a plan that could see it take thejunior role in a merger with Continental [ID:nLK251649] (Reporting by Arno Schuetze). DUBLIN--(Business Wire)--Research and Markets( http://) hasannounced the addition of IE Market Research Corp.'s new report "2Q09 UnitedKingdom Mobile Operator Forecast, 2008 - 2013" to their offering. Total wireless subscribers in the UK to reach 79.7 million in 2013 with O2taking above 26% market share over the next five years Mobile Operator Forecast on the United Kingdom provides over 65 operational andfinancial metrics for the United Kingdom wireless market and is one of the bestforecasts in the industry. We provide six-year forecasts at the operator levelgoing out to 2013.

