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February 1999

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Tuesday, February 9, 1999

Alpha Technologies Group, Inc. Announces Its Q4 and Fiscal 1998

Alpha Technologies Group, Inc. Announces Its Q4 and Fiscal 1998

Alpha Technologies Group, Inc. announced a net loss of $3,236,000, or $0.47 per share, for the fourth quarter of fiscal 1998 ended October 25, 1998. ... Continue reading

ARCA: Gerhart Goes to Victory Lane at Daytona

ARCA: Gerhart Goes to Victory Lane at Daytona

ARCA: Gerhart Goes to Victory Lane at Daytona ... Continue reading

Automotive Performance Group, Inc. Announces Option Agreement

Automotive Performance Group, Inc. Announces Option Agreement

Automotive Performance Group, Inc., a full service owner and operator of high performance automotive businesses and brands, announced that it has entered into an option agreement to purchase Advanced Chemistry & Technology, Inc. ... Continue reading

Bikers Dream Announces the Private Placement of $1.5M of Stock

Bikers Dream Announces the Private Placement of $1.5M of Stock

Bikers Dream Inc. announced the completion of a private placement of $1.5 million of Series D Preferred Stock. ... Continue reading

Continental Teves Purchases an 8-processor TurboHawk System

Continental Teves Purchases an 8-processor TurboHawk System

Concurrent Computer Corporation announced that Continental Teves, a leader in safety and comfort systems to major car manufacturers, recently purchased an 8-processor TurboHawk system. ... Continue reading

Cummins Engine Elects James A. Johnson to Board

Cummins Engine Elects James A. Johnson to Board

Cummins Engine Company, Inc. elected James A. Johnson, Chairman of the Executive Committee of the Board of Directors of Fannie Mae, to its board of directors. ... Continue reading

DaimlerChrysler President to be Named World Trader of the Year

DaimlerChrysler President to be Named World Trader of the Year

Thomas T. Stallkamp, president of DaimlerChrysler Corp., will be presented the World Trader of the Year Award at the Detroit Regional Chamber 1999 International Consular Ball, Friday, March 19 at The Ritz-Carlton, Dearborn. ... Continue reading

Dana Corporation Raises Quarterly Dividend 7%

Dana Corporation Raises Quarterly Dividend 7%

As a sign of its confidence in the company's direction, the Board of Directors of Dana Corporation raised the next quarterly dividend 2 cents to 31 cents per share, bringing the annualized dividend rate to $1.24 per share. ... Continue reading

Denison International plc Reports Results for Q4 and 1998

Denison International plc Reports Results for Q4 and 1998

Denison International plc announced its financial results for the fourth quarter and year ended December 31, 1998. ... Continue reading

DynaMotive Confirms BioOil Shipments to Engine Manufacturers

DynaMotive Confirms BioOil Shipments to Engine Manufacturers

DynaMotive Technologies Corporation announced that it has begun shipping BioOil to engine manufacturers and energy companies in Europe and North America. ... Continue reading

General Scanning Announces Preliminary Q4 and Year Results

General Scanning Announces Preliminary Q4 and Year Results

General Scanning Inc. announced preliminary, unaudited results for the fourth quarter and year ended December 31, 1998. ... Continue reading

Goody's Dash Series Discount Auto Parts 200 Presented by ACDelco Rapidfire

Goody's Dash Series Discount Auto Parts 200 Presented by ACDelco Rapidfire

the autochannel's exclusive multi-media coverage of the 1999 NASCAR goody's dash series discount auto parts 200 from speedweeks at daytona international speedway ... Continue reading

Internet Used Car Sales on the Rise

Internet Used Car Sales on the Rise

A number of automakers are utilizing the Internet to help them sell late-model used cars. Due to the growing popularity of leasing, automakers find themselves with substantial numbers of vehicles that have been returned at lease's end. ... Continue reading

IROC: Cheever, Brack Quickly Getting the Hang of IROC Cars

IROC: Cheever, Brack Quickly Getting the Hang of IROC Cars

IROC: Cheever, Brack Quickly Getting the Hang of IROC Cars ... Continue reading

Lincoln Mercury Funds to Benefit California Elementary Schools

Lincoln Mercury Funds to Benefit California Elementary Schools

Lincoln Mercury announced its California "Lincoln Mercury Tools for Achievement" program designed to generate an estimated $1 million for the state's public and private elementary schools. ... Continue reading

Michigan Virtual Automotive College to Partner With Eastern Michigan

Michigan Virtual Automotive College to Partner With Eastern Michigan

Michigan Virtual Automotive College (MVAC), a division of the Michigan Virtual University, announced an agreement with Eastern Michigan University to develop two Web-based courses on QS-9000 automotive supplier requirements. ... Continue reading

Myers Announces Record 4th Quarter and Year-End Results

Myers Announces Record 4th Quarter and Year-End Results

Myers Industries, Inc. reported record sales and earnings for the fourth quarter and year ended December 31, 1998. Net sales for the fourth quarter were $110,517,959, up 16 percent from the $95,510,514 reported in the same period a year ago. ... Continue reading

NASCAR BGN: Kevin Grubb - Daytona Bound!

NASCAR BGN: Kevin Grubb - Daytona Bound!

NASCAR BGN: Kevin Grubb - Daytona Bound! ... Continue reading

NHRA: Dunn, Pedregon, Coughlin and Daniels Win AutoZone Winternationals

NHRA: Dunn, Pedregon, Coughlin and Daniels Win AutoZone Winternationals

NHRA: Dunn, Pedregon, Coughlin and Daniels Win AutoZone Winternationals ... Continue reading

NHRA: Winston Point Standings After Round One

NHRA: Winston Point Standings After Round One

NHRA: Winston Point Standings After Round One ... Continue reading

Photos from the 1999 NASCAR Winston Cup Series Daytona 500

Photos from the 1999 NASCAR Winston Cup Series Daytona 500

Check out the sights from Speedweeks 1999 at Daytona International Speedway. This is our library of pix from the NASCAR Winston Cup Series Daytona 500. Click on an image or description to see the full size photo. ... Continue reading

Porsche Engineering Services Names New President For North America

Porsche Engineering Services Names New President For North America

The Executive Board of Dr. Ing. H. c. F. Porsche AG in Stuttgart, Germany, has announced the appointment of August Hofbauer to the position of President and Chief Executive Officer of Porsche Engineering Services, Inc. in Troy, Michigan. ... Continue reading

Research Report on Auto Insurance And the Internet

Research Report on Auto Insurance And the Internet

BancBoston Robertson Stephens senior electronic commerce analyst Gary Craft recently issued a report on the structural impact that Internet distributors could have on the private passenger auto insurance industry. ... Continue reading

Safety Components International Announces Fiscal 1999 Q3 Results

Safety Components International Announces Fiscal 1999 Q3 Results

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

SDRC Introduces I-DEAS Variational Analysis Software

SDRC Introduces I-DEAS Variational Analysis Software

SDRC, a leading provider of enterprise product development solutions worldwide, announced the expansion of its award- winning variational design technology, VGX(TM), into its computer-aided engineering (CAE) software products. ... Continue reading

SDRC Receives $4.9M in Orders from Lockheed Martin Astronautics

SDRC Receives $4.9M in Orders from Lockheed Martin Astronautics

SDRC announced that Lockheed Martin Astronautics has placed additional orders for SDRC's award-winning I-DEAS Master Series (TM) software, its market-leading Metaphase(R) Enterprise(TM) software, and SDRC's consulting and implementation services. ... Continue reading

Shared Technologies Cellular Closes on $15M Preferred Stock Offering

Shared Technologies Cellular Closes on $15M Preferred Stock Offering

Shared Technologies Cellular announced that it has successfully completed its $15 million equity financing, consisting of the sale of certain shares of preferred stock units, substantially to institutional investors in the U.S. and the United Kingdom. ... Continue reading

SmarTire Signs Sears to Installation Network

SmarTire Signs Sears to Installation Network

SmarTire Systems Inc. announced that its subsidiary, SmarTire USA, has added Sears Auto Centers and NTB National Tire & Battery to its installation network for the SmarTire Direct program. ... Continue reading

Speedway Motorsports Reports Record Revenues And Earnings

Speedway Motorsports Reports Record Revenues And Earnings

Speedway Motorsports, Inc. announced record revenues, operating income and earnings per share for the fourth consecutive year in 1998. ... Continue reading

Speedweeks 99: Week 2 Draws To A Close

Speedweeks 99: Week 2 Draws To A Close

Where else in the world can you find six weeks of continuos motorsports? Nowhere but Daytona Beach, FL. It is an extraordinary place. A first time visitor's initial observation regards the size of the arena. 'Expansive' is truly an understatement, 'monument to motorsports' is more accurate, and 'modern-Day Coliseum' wo ... Continue reading

Sports Capital to Acquire 80% Stake in Skip Barber Racing School

Sports Capital to Acquire 80% Stake in Skip Barber Racing School

IMG/Chase Sports Capital Partners announced a definitive agreement under which it will acquire an 80% ownership interest in Skip Barber Racing School, Inc., of Lakeville, Conn. ... Continue reading

Strong Year-End for Borg-Warner Automotive

Strong Year-End for Borg-Warner Automotive

Borg-Warner Automotive, Inc. reported that 1998 fourth quarter earnings per share were up 18% to $1.35 per share. ... Continue reading

Surfs Up for N.A.D.A. Online Used Car Guide

Surfs Up for N.A.D.A. Online Used Car Guide

The N.A.D.A. Official Used Car Guide(R) Company unveiled an interactive Web-based version of its popular consumer publication. ... Continue reading

TBC Reports Sales Gains for Fourth Quarter and Full Year

TBC Reports Sales Gains for Fourth Quarter and Full Year

TBC Corporation reported higher net sales for the fourth quarter and year ended December 31, 1998. ... Continue reading

Teleflex Declares Dividend

Teleflex Declares Dividend

Teleflex Incorporated announced that its Board of Directors took action on February 8, to declare a cash dividend of eleven and one half cents ($.115) per share of common stock. ... Continue reading

The Timken Company Delays Tube Mill Project

The Timken Company Delays Tube Mill Project

The Timken Company announced postponement of a proposed new tube mill due to the status of negotiations with key constituencies and weakened economic conditions. ... Continue reading

USAA Appoints Robert G. Davis as Chief Operating Officer

USAA Appoints Robert G. Davis as Chief Operating Officer

Robert T. Herres, chairman and CEO of USAA, announced at a special management meeting that Robert G. Davis has been elected to the association's board of directors and, effective June 1, will become its chief operating officer. ... Continue reading

USAC/IRL: Pep Boys Indy Racing League drivers capture USAC races

USAC/IRL: Pep Boys Indy Racing League drivers capture USAC races

USAC/IRL: Pep Boys Indy Racing League drivers capture USAC races ... Continue reading

U.S. Postal Service Receives CALSTART's Top 1998 Blue Sky Award

U.S. Postal Service Receives CALSTART's Top 1998 Blue Sky Award

The United States Postal Service, with its large-scale, clean fuel vehicle-fleet, has won the 1998 Blue Sky Award(TM). ... Continue reading

Volvo to Build Time Capsule in Celebration of Millenium

Volvo to Build Time Capsule in Celebration of Millenium

Many families will enter the millenium reflecting on the past. The Volvo family is no different. Over the course of 1999, the company will collect photos of its extended family, customers and their Volvos. ... Continue reading

ZAP Receives 1000 Scooter Order from CSW Total EV

ZAP Receives 1000 Scooter Order from CSW Total EV

Electric vehicle manufacturer ZAP Power Systems announced that it has received an order for 1,000 electric scooters from CSW Total EV, a subsidiary of Central & South West Corporation. ... Continue reading

ZAP's Gary Starr Honored with California Clean Air Award

ZAP's Gary Starr Honored with California Clean Air Award

Veteran electric vehicle (EV) entrepreneur Gary Starr was honored along with other leaders from the alternative transportation industry by California's top EV industry association. ... Continue reading

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