All news is local, as the old city editor's mantra goes.
The company, which confirmed that it had laid off 150 of its 7,500 workers, never publicly announced the move. It was first reported in the Seattle Post-Intelligencer on Friday. Or an ex-employee. The stock has been heavily sold short late this week, a bet that the stock price will fall, noted Alex George, trader for Miller Tabak . The lack of a sharp rise indicates those bets haven't been covered by short-sellers getting cold feet, he added.