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November 1998

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Wednesday, November 11, 1998

1-800-AutoTow Pledges Support for Towmen's Memorial Project

1-800-AutoTow Pledges Support for Towmen's Memorial Project

Plans to build a memorial for towmen who have died on the job received a boost as 1-800-AutoTow(tm) pledged to donate $1,000, plus an additional $1,000 annually to the Towmen's Memorial Project. ... Continue reading

American USAC Champion Wins International Open Wheel Competition in England

American USAC Champion Wins International Open Wheel Competition in England

American USAC Champion Wins International Open Wheel Competition in England ... Continue reading

ASHA Corporation Announces 31% After Tax Profit

ASHA Corporation Announces 31% After Tax Profit

ASHA Corporation reported that the company earned $0.20 per diluted share, or $0.21 per basic share, for the year-ended Sept 30, 1998. ... Continue reading

Bikers Dream Reports Record Q3 Revenue and Profit Increase

Bikers Dream Reports Record Q3 Revenue and Profit Increase

The Company reported a net profit of $602,655, or $0.14 per share basic, and $0.12 per share diluted, for the third quarter, compared with a net loss of $858,058, or $(0.40) per share basic and diluted, in the third quarter of 1997. ... Continue reading

Boehly to Lead Automotive Occupant Restraints Council

Boehly to Lead Automotive Occupant Restraints Council

William A. Boehly, a career motor vehicle safety executive, has been elected chief executive officer and president of the Automotive Occupant Restraints Council (AORC). ... Continue reading

Cooper Announces Retirement

Cooper Announces Retirement

COOPER TIRE & RUBBER COMPANY announced that J. Alec Reinhardt, executive vice president, chief financial officer and director, has indicated his intention to take early retirement effective in February, 1999. ... Continue reading

Exide Announces Second Quarter Cash Dividend

Exide Announces Second Quarter Cash Dividend

Members of the Exide Corporation Board of Directors announced that the Company has declared a cash dividend of $.02 (two cents) per share of common stock payable December 7, 1998, to shareholders of record on November 30, 1998. ... Continue reading

Factory Pulse System Selected As Finalist In Plant Engineering's Award

Factory Pulse System Selected As Finalist In Plant Engineering's Award

The Factory Pulse(TM) System, by FactoryWare Inc. has been selected as a Product of the Year Finalist by the board of judges of Plant Engineering magazine. ... Continue reading

Genuine Parts Co Announces the Launching of Its Take-Over Bid

Genuine Parts Co Announces the Launching of Its Take-Over Bid

Genuine Parts Co announced that its wholly-owned acquisition subsidiary, has launched its previously announced take-over bid for all of the outstanding Class A Restricted Voting Shares and Class B Shares of UAP Inc. ... Continue reading

Goodyear Streamlines Senior Management

Goodyear Streamlines Senior Management

As part of its ongoing plan to streamline operations and become the low-cost producer in its industry, The Goodyear Tire & Rubber Company announced several changes to its senior leadership team. ... Continue reading

Hayes Lemmerz International Wins Key Contract

Hayes Lemmerz International Wins Key Contract

Hayes Lemmerz International, Inc. announced that its European Aluminum Wheel division received a contract from PSA Group for aluminum wheels for the new Peugeot 806 MPV vehicle. ... Continue reading

IntelliChoice Announces November Gold Star Lease Winners

IntelliChoice Announces November Gold Star Lease Winners

November is the month for Thanksgiving, but there are no financial turkeys on IntelliChoice's November list of Gold Star lease values. ... Continue reading

IRL: PDM's Dynamic Duo Finds Success after Learning from Legends

IRL: PDM's Dynamic Duo Finds Success after Learning from Legends

Midgets: Rumble in the Expo Sponsorship on Increase ... Continue reading

IRL: Pennzoil Panther Racing Hires Andy Brown as New Chief Engineer

IRL: Pennzoil Panther Racing Hires Andy Brown as New Chief Engineer

Midgets: Rumble in the Expo Sponsorship on Increase ... Continue reading

Johnson Controls Strengthens Access Control Capabilities

Johnson Controls Strengthens Access Control Capabilities

Johnson Controls, Inc. announced that it has signed a definitive agreement to purchase Cardkey Systems, the leading provider of electronic access control and integrated security management systems worldwide. ... Continue reading

Meritor Automotive Reports Record Fiscal Year 1998 Results

Meritor Automotive Reports Record Fiscal Year 1998 Results

Meritor Automotive, Inc. reported record results for its fiscal year ended September 30, 1998, its first year as a publicly- held company. Fiscal 1998 sales were $3.8 billion, a 16 percent increase over last year's sales of $3.3 billion. ... Continue reading

Midgets: Rumble in the Expo Sponsorship on Increase

Midgets: Rumble in the Expo Sponsorship on Increase

Midgets: Rumble in the Expo Sponsorship on Increase ... Continue reading

NASCAR BGN: Atwood Continues to Improve During Strong Rookie Campaign

NASCAR BGN: Atwood Continues to Improve During Strong Rookie Campaign

American USAC Champion Wins International Open Wheel Competition in England ... Continue reading

NASCAR BGN: Elvis Sighting in Homestead, Florida

NASCAR BGN: Elvis Sighting in Homestead, Florida

NASCAR BGN: Elvis Sighting in Homestead, Florida ... Continue reading

NASCAR BGN: Sawyer Reclaims Fourth in Points

NASCAR BGN: Sawyer Reclaims Fourth in Points

NASCAR BGN: Sawyer Reclaims Fourth in Points ... Continue reading

NASCAR GDS: Huffman Sporting a new Look for Dash Finale

NASCAR GDS: Huffman Sporting a new Look for Dash Finale

NASCAR GDS: Huffman Sporting a new Look for Dash Finale ... Continue reading

National Auto Credit Pays Down Debt

National Auto Credit Pays Down Debt

National Auto Credit, Inc. announced the pay-off of substantially all of its outstanding lender debt totaling approximately $34.9 million. ... Continue reading

New Recycling Process from Hematite Holds Promise for Auto Industry

New Recycling Process from Hematite Holds Promise for Auto Industry

A new recycling process for automotive plastics could reduce the amount of plastic dumped into landfills in North America by more than 120 million pounds per year and further improve the recyclability of today's cars and light trucks. ... Continue reading

Next Generation of Industry Roll-ups To Be Featured at Conference

Next Generation of Industry Roll-ups To Be Featured at Conference

Industry roll-ups have been a recent trend on Wall Street. Investors know that combining dozens or even hundreds of businesses in the same industry creates a lucrative opportunity and the potential for revolutionizing a whole industry. ... Continue reading

NHRA: Kopp Close to Clinching Winston Pro Stock Truck Championship

NHRA: Kopp Close to Clinching Winston Pro Stock Truck Championship

NHRA: Kopp Close to Clinching Winston Pro Stock Truck Championship ... Continue reading

Nissan Quest Moves Closer To Becoming A 'Family Room on Wheels'        

Nissan Quest Moves Closer To Becoming A 'Family Room on Wheels'        

Which household amenities can be found in most family rooms across America today? Televisions, videocassette players and video games come to mind, along with great shelf space, comfortable seats and large windows. ... Continue reading

Nostalgia Motor Cars to Bring Classic Bugs to Drivers in U.S.

Nostalgia Motor Cars to Bring Classic Bugs to Drivers in U.S.

Nostalgia Motor Cars Inc. announced that it is obtaining a small car volume manufacturer's license to import annually up to 9,999 Classic Bugs, automobiles based on the Volkswagen Beetle of the 1970's. ... Continue reading

Oswaldo Negri Jr., Mauro Fartuszek and Mariano Gonzalez tested this weekend for Brian Stewart Racing in Big Springs

Oswaldo Negri Jr., Mauro Fartuszek and Mariano Gonzalez tested this weekend for Brian Stewart Racing in Big Springs

Oswaldo Negri Jr., Mauro Fartuszek and Mariano Gonzalez tested this weekend for Brian Stewart Racing in Big Springs Brazilian Oswaldo Negri Jr. was fastest of all with a 55s88 lap, while argentinian Gonzalez was second with a 55s94 lap. ... Continue reading

Owner of Norm Reeves Superstore Dealerships Acquires New Stores

Owner of Norm Reeves Superstore Dealerships Acquires New Stores

Dave Conant, the owner of the Norm Reeves Honda Superstore Dealerships in Cerritos and Huntington Beach, Calif., has purchased Cerritos Ford, Cerritos Lincoln-Mercury/Isuzu and Cerritos Infiniti. ... Continue reading

Progressive Corp's Ratings Affirmed by Standard & Poor's

Progressive Corp's Ratings Affirmed by Standard & Poor's

Standard & Poor's affirmed its single-'A'-plus issuer credit and senior debt ratings and single-'A' subordinated debt and preferred stock ratings on Progressive Corp. ... Continue reading

Raytech Corporation Announces Third Quarter Results for 1998

Raytech Corporation Announces Third Quarter Results for 1998

Raytech Corporation announced continued strong performance in the third quarter with net income of $3.1 million or $.90 per basic share, compared with $3.7 million or $1.14 per basic share, for the same quarter last year. ... Continue reading

RB Rubber Reports 12% Increase in Year-to-date Revenues

RB Rubber Reports 12% Increase in Year-to-date Revenues

RB Rubber Products Inc., an integrated tire recycler and producer of rubber mats and fitness equipment, reported revenues rose 5% to $2.0 million for the third quarter of 1998, compared to $1.9 million in the year ago period. ... Continue reading

Ricardo, Inc., Continuing Success With QS 9000 Certification

Ricardo, Inc., Continuing Success With QS 9000 Certification

Since Ricardo, Inc. was certified to QS 9000 in August 1997, the Company has continued to refine their procedures and policies. ... Continue reading

Safety Components Intl, Inc. Announces Fiscal 1999 Q2 Results

Safety Components Intl, Inc. Announces Fiscal 1999 Q2 Results

Safety Components International, Inc., one of the world's leading manufacturers of automotive airbag fabric and cushions, reported results for the second quarter and six months ended September 26, 1998. ... Continue reading

SCCA Pro Racing & BF Goodrich Announce Series Changes

SCCA Pro Racing & BF Goodrich Announce Series Changes

SCCA Pro Racing & BF Goodrich Announce Series Changes ... Continue reading

Sequa Posts Higher Results for Third Quarter and Nine Months

Sequa Posts Higher Results for Third Quarter and Nine Months

Sequa Corporation posted a 17 percent increase in sales and a 21 percent increase in operating income for the third quarter of 1998. ... Continue reading

Speedway Motorsports Reports Revenues and Earnings for Q3 of 1998

Speedway Motorsports Reports Revenues and Earnings for Q3 of 1998

Speedway Motorsports, Inc. announced record revenues, net income and earnings per share for the quarter ended September 30, 1998. ... Continue reading

The 1998 NTB Trans-Am Series: Season of Breakthrough Achievements

The 1998 NTB Trans-Am Series: Season of Breakthrough Achievements

The 1998 NTB Trans-Am Series: Season of Breakthrough Achievements ... Continue reading

Toyota Event For Minority Businesses Draws 1,400 To Cincinnati

Toyota Event For Minority Businesses Draws 1,400 To Cincinnati

"I applaud Toyota's creative approach to minority business development," said Milton Hinton, president of the Cincinnati Branch of the NAACP upon attending Toyota's ninth annual Opportunity Exchange trade show. ... Continue reading

Toyota Records One Million U.S. Sales for Fifth Consecutive Year

Toyota Records One Million U.S. Sales for Fifth Consecutive Year

Toyota Motor Sales, U.S.A., Inc. reported its one-millionth vehicle sale in the U.S for 1998. The fifth-consecutive year the automaker has reached the one million-unit milestone and is the earliest date ever that it has reached this point. ... Continue reading

TruePosition, Inc. and Shell Affiliate Announce Agreement

TruePosition, Inc. and Shell Affiliate Announce Agreement

Equiva Services LLC, an affiliate of Shell, and TruePosition, Inc. announced they have signed an agreement to jointly develop and market location-based services and applications using the TruePosition(R) Wireless Location System(TM). ... Continue reading

UAW Leaders Pay Tribute to Nation's Veterans

UAW Leaders Pay Tribute to Nation's Veterans

In a tribute to the nation's armed services veterans, UAW President Stephen P. Yokich and UAW Secretary-Treasurer Ruben Burks, who directs the union's Veterans Department, urged union members and their families to observe Veterans Day. ... Continue reading

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