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August 1998

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Friday, August 21, 1998

Acquisition of Milacron Machine Tool Group Additive to Earnings for UNOVA

Acquisition of Milacron Machine Tool Group Additive to Earnings for UNOVA

UNOVA, Inc. announced that it has signed a definitive agreement under which it will acquire Cincinnati Milacron's machine tool operations. ... Continue reading

AQM Announces Normal Course Issuer Bid To Commence August 31, 1998

AQM Announces Normal Course Issuer Bid To Commence August 31, 1998

AQM Automotive Corp announced that the Toronto Stock Exchange has accepted the Company's notice to make a normal course issuer bid to purchase, from time to time as it considers advisable, up to 4.4% of its issued and outstanding Common Shares. ... Continue reading

A. Schulman Board Authorizes Repurchase of Additional 6 Million Shares

A. Schulman Board Authorizes Repurchase of Additional 6 Million Shares

The Board of Directors of A. Schulman, Inc. at a special meeting announced that it has authorized the Company to repurchase up to an additional 6 million, or approximately 20 percent, of its outstanding common shares. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 34

AUTO QUESTIONS AND ANSWERS FOR WEEK 34

AUTO QUESTIONS AND ANSWERS FOR WEEK 34 ... Continue reading

Bids Submitted for Korean Kia Motors

Bids Submitted for Korean Kia Motors

Four auto companies submitted bids for the bankrupt Kia Motors Co. and its sister company, Asia Motors. The bids came in from U.S.-based Ford Motor Co. and three South Korean firms - Hyundai Motor Co., Daewoo Motor Co., and Samsung Motors Inc. ... Continue reading

Cheever, Pep Boys IRL has Put Open-Wheel Oval Racing on the Right Track

Cheever, Pep Boys IRL has Put Open-Wheel Oval Racing on the Right Track

Cheever, Pep Boys IRL has Put Open-Wheel Oval Racing on the Right Track ... Continue reading

Chrysler Plants Schedule For Week of August 24, 1998

Chrysler Plants Schedule For Week of August 24, 1998

Chrysler Corporation reports all of its nine U.S. assembly plants and all three Canadian assembly plants will operate the week of August 24, 1998. ... Continue reading

DCR Reaffirms UNOVA, Inc.'s Rating of 'BBB+'

DCR Reaffirms UNOVA, Inc.'s Rating of 'BBB+'

Duff & Phelps Credit rating Co. (DCR) has reaffirmed UNOVA Inc.'s senior notes rating of 'BBB+'. Debt securities affected by this action include $100 million 6.875 percent senior notes due 2005 and $100 million 7.00 percent senior notes due 2008. ... Continue reading

Donnelly Corporation Announces Dividend

Donnelly Corporation Announces Dividend

Donnelly Corporation announced that its Board of Directors declared a quarterly dividend of 10 cents ($0.10) per share on its Class A Common Stock. ... Continue reading

E.R. Receivables and Greenwich Capital Markets Form Strategic Alliance

E.R. Receivables and Greenwich Capital Markets Form Strategic Alliance

E.R. Receivables Corp., L.L.C., along with Greenwich Capital Markets, Inc., a Registered Broker Dealer, anticipate funding the initial purchase of bulk-flow packages of distressed consumer receivables pursuant to a receivables loan and security agreement ... Continue reading

Federal-Mogul Develops Its Global Base With New Joint Venture in China

Federal-Mogul Develops Its Global Base With New Joint Venture in China

Federal-Mogul Corporation, announces the formation of a new joint venture company for the manufacture of pistons in China. ... Continue reading

Ford Executive Ken Whipple to Retire

Ford Executive Ken Whipple to Retire

Ken Whipple, executive vice president of Ford Motor Company and president of Ford's Financial Services Group, has elected to retire at the end of the year, Ford Chairman Alex Trotman announced. ... Continue reading

Formula One: Ford Motorsport this Week

Formula One: Ford Motorsport this Week

Formula One: Ford Motorsport this Week ... Continue reading

Futuremedia Provides Assessment of Prior Experience And Learning (APEL) Modules for Ford

Futuremedia Provides Assessment of Prior Experience And Learning (APEL) Modules for Ford

FUTUREMEDIA PLC, the international multimedia company, today announced a contract to supply Assessment of Prior Experience and Learning (APEL) modules to the Ford Motor Company. ... Continue reading

Harley-Davidson, Inc. Declares Dividend

Harley-Davidson, Inc. Declares Dividend

Harley-Davidson, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.04 per share, payable September 25, 1998 to shareholders of record September 15, 1998. ... Continue reading

HOW-TO HOME AUTO MAINTENANCE

HOW-TO HOME AUTO MAINTENANCE

HOW-TO HOME AUTO MAINTENANCE ... Continue reading

IRL: Brack Could Continue on Road to Riches in IRL Debut at Atlanta

IRL: Brack Could Continue on Road to Riches in IRL Debut at Atlanta

IRL: Brack Could Continue on Road to Riches in IRL Debut at Atlanta ... Continue reading

IRL: Team Cheever Races for the Cure

IRL: Team Cheever Races for the Cure

IRL: Team Cheever Races for the Cure ... Continue reading

NASCAR-BGN: Mike McLaughlin Bristol Notes

NASCAR-BGN: Mike McLaughlin Bristol Notes

NASCAR-BGN: Mike McLaughlin Bristol Notes ... Continue reading

NASCAR BGN: Rusty Wallace Starts up Front at Bristol

NASCAR BGN: Rusty Wallace Starts up Front at Bristol

NASCAR BGN: Rusty Wallace Starts up Front at Bristol ... Continue reading

NASCAR BGN: Tony Stewart and Shell Team Hungry for Victory

NASCAR BGN: Tony Stewart and Shell Team Hungry for Victory

NASCAR BGN: Tony Stewart and Shell Team Hungry for Victory ... Continue reading

NASCAR Trucks: Butch Miller Likes Underdog Status at Heartland Park Topeka

NASCAR Trucks: Butch Miller Likes Underdog Status at Heartland Park Topeka

NASCAR Trucks: Butch Miller Likes Underdog Status at Heartland Park Topeka ... Continue reading

NASCAR Trucks: Norick Ready for Season Turn Around at Heartland Park Topeka

NASCAR Trucks: Norick Ready for Season Turn Around at Heartland Park Topeka

NASCAR Trucks: Norick Ready for Season Turn Around at Heartland Park Topeka ... Continue reading

NASCAR-WCUP: Kyle, Adam Petty Get Help From Fathers at Martinsville Speedway

NASCAR-WCUP: Kyle, Adam Petty Get Help From Fathers at Martinsville Speedway

NASCAR-WCUP: Kyle, Adam Petty Get Help From Fathers at Martinsville Speedway ... Continue reading

Navidec Inc. and VSI Holdings Inc. Cancel Merger Discussions

Navidec Inc. and VSI Holdings Inc. Cancel Merger Discussions

Navidec, Inc. announced discussions relating to a potential merger with VSI Holdings, Inc. have been suspended. ... Continue reading

NHRA: The Warren Report: Northstar Nationals Edition

NHRA: The Warren Report: Northstar Nationals Edition

NHRA: The Warren Report: Northstar Nationals Edition ... Continue reading

Pebble Beach Concours not Just Old Cars: Chrysler Shows What the Future Holds

Pebble Beach Concours not Just Old Cars: Chrysler Shows What the Future Holds

Pebble Beach Concours not Just Old Cars: Chrysler Shows What the Future Holds ... Continue reading

R&B Issues $60 million in 6.81% Senior Notes

R&B Issues $60 million in 6.81% Senior Notes

R&B, Inc. announced the completion of a private placement of $60 million in 6.81% Senior Notes due August 21, 2008 on an unsecured basis. The transaction was managed by First Union Capital Markets. ... Continue reading

Rhein Chemie Hires for Rubber Business Unit

Rhein Chemie Hires for Rubber Business Unit

Rhein Chemie announced the hiring of Tom Eaton as Sales Rep., Rubber Business Unit, Tom Schmitt as Senior Sales Rep., Rubber Business Unit and Randy Wischmann as Product Manager, Release Agents. ... Continue reading

SCCA: World Challenge Crew Chief Dies in Street Accident, Crew Member Injured

SCCA: World Challenge Crew Chief Dies in Street Accident, Crew Member Injured

SCCA: World Challenge Crew Chief Dies in Street Accident, Crew Member Injured ... Continue reading

S&P Lwrs AutoAlliance Intl LOC Comm Pap Rtg;Off Watch

S&P Lwrs AutoAlliance Intl LOC Comm Pap Rtg;Off Watch

Standard & Poor's lowered its rating on AutoAlliance International Inc.'s $100 million letter of credit supported commercial paper program to 'A-3' from 'A-2' and removed the rating from CreditWatch, where it was placed June 17, 1998. ... Continue reading

United Road Services, Inc. Establishes Major Midwest Towing Hub

United Road Services, Inc. Establishes Major Midwest Towing Hub

United Road Services, Inc. announced it has significantly expanded its national towing recovery and transport services network by acquiring one of the largest volume towing companies in North America. ... Continue reading

UNOVA Plans Acquisition of Cincinnati Milacron's Machine Tool Group

UNOVA Plans Acquisition of Cincinnati Milacron's Machine Tool Group

UNOVA, Inc. announced plans to acquire Cincinnati Milacron's Machine Tool Group. For journalists not able to attend the 11:00 a.m. (EDT) press conference at the Cincinnati Hyatt Hotel, a special audio conference call has been arranged. ... Continue reading

USAC: Speedrome Results 8/20/98

USAC: Speedrome Results 8/20/98

USAC: Speedrome Results 8/20/98 ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production in the U.S., Canada and Mexico is expected to hit an estimated 326,223 units this week, barely unchanged from the 326,406 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

WOO: Mark Kinser Gets Back on Track at Sweetwater

WOO: Mark Kinser Gets Back on Track at Sweetwater

WOO: Mark Kinser Gets Back on Track at Sweetwater ... Continue reading

WOO: World of Outlaws Point Standings Through August 20

WOO: World of Outlaws Point Standings Through August 20

WOO: World of Outlaws Point Standings Through August 20 ... Continue reading

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