Huntington Bancshares Inc. (Nasdaq: HBAN) will eliminate 500 positions, end its 401(k) matching program and issue no bonuses for 2008 in order to save $100 million. The stock price tumbled 37 cents to close at $1.44.
Huntington Bancshares To Save $100 Million
February 04, 2009 at 17:56 PM EST