1999 FIA Cup Thoroughbred Grand Prix Cars ... Continue reading
Agreement Ends CAW Occupation of Johnson Controls Stratford, Ontario Plant
An agreement was reached at 5 a.m. between the Canadian Auto Workers union and Johnson Controls ending a plant occupation that began nearly 24 hours earlier. ... Continue reading
Americredit Corp. Completes $200 Million Private Senior Unsecured Debt Offering
Americredit Corp. announced that it has completed the private issuance of $200 million of 9.875% Senior Notes due 2006 to certain qualified institutional buyers. ... Continue reading
The Board of Directors of Arvin Industries, Inc., declared a quarterly cash dividend in the amount of 21 cents per Common Share, payable June 30, 1999, to shareholders of record as of the close of business on June 4, 1999. ... Continue reading
Arvin Shareholders Told1999 to be the Third Consecutive Record Year
Arvin shareholders were told today at the company's 61st annual meeting that 1998 was a record year for the company and 1999 would be the third consecutive year for record earnings. ... Continue reading
ASHA/McLaren Engines Enhances Engineering Capability
Jack McCormack, President and C.E.O. of ASHA Corporation, announced the appointment of Mr. Joseph Treiber to the position of Vice President of Engineering. ... Continue reading
ATLANTIC, CART, INDYLIGHTS: Team Kool Green at the Grand Prix of Long Beach
ATLANTIC, CART, INDYLIGHTS: Team Kool Green at the Grand Prix of Long Beach ... Continue reading
AutoBond Acceptance Corporation Updates Investors
AutoBond Acceptance Corporation, listed on the Amex under the symbol ABD, updates investors and announces that it continues to explore strategic alternatives to replace Dynex Capital, Inc. ... Continue reading
AUTO QUESTIONS AND ANSWERS FOR WEEK 16
AUTO QUESTIONS AND ANSWERS FOR WEEK 16 ... Continue reading
BARBERDODGE: Townsend Bell Fastest in 1st Day of Practice at Phoenix
BARBERDODGE: Townsend Bell Fastest in 1st Day of Practice at Phoenix ... Continue reading
Bikers Dream Inc. Announces Record 1998 Revenue and Results
Bikers Dream Inc. announced record revenues for the year ended Dec. 31, 1998. Revenue increased 86% to $27.7 million from $14.9 million in 1997. ... Continue reading
Budget Rent a Car Wins Legal Battle Against Sixt
The Munich Regional Court of Appeal held that Budget Rent a Car International, Inc. had validly terminated its license agreement with Sixt GmbH & Co. Autovermietung KG, effective as of May 1997. ... Continue reading
Chancellor Reports $.02 Per Share Profit
Chancellor Corporation announced its results for the 1998 fiscal year. For the fiscal year ended December 31, 1998, Chancellor had total revenues of $29,639,000, as compared to $4,433,000 for the same period last year. ... Continue reading
DaimlerChrysler Global Communications Staff Continues to Accelerate
DaimlerChrysler, the global automotive, transportation products and services company, announces key appointments to its communication organization. All appointments are effective immediately. ... Continue reading
DaimlerChrysler Reports Plant Schedule for Week of April 19, 1999
DaimlerChrysler Corporation reports all nine U.S. assembly plants and all three Canadian assembly plants will operate the week of April 19, 1999. ... Continue reading
Easyriders Reports Results for Q4 and Fiscal Year Ended Dec 31, 1998
Easyriders, Inc. announced that for the three month operating period ended December 31, 1998, the Company recorded revenues of $11.5 million which generated a loss of $5.0 million, or $0.26 per share. ... Continue reading
ESWW Purchases First Catalytic Converter Manufacturing Equipment from Loomis
Environmental Solutions Worldwide Inc. is pleased to announce that its proprietary extrusion formula for catalytic converter substrates will be developed using equipment from Loomis Products Co., of Levittown, Pa. ... Continue reading
Ford Proxy Reports Executive Compensation
Former Ford Chairman and Chief Executive Officer Alex Trotman, who retired from the company effective January 1, 1999, received $2,500,000 in salary and a bonus of $10,000,000 in 1998. ... Continue reading
Grease Monkey Holding Corporation Reports 1998 Results
Grease Monkey Holding Corporation announced year-end results for 1998. The Company reported a net loss for 1998 of $2,029,848, or 46 cents per share, versus a net loss of $1,158,586, or 28 cents per share, for 1997. ... Continue reading
IHRA: Romine Earns Semi-final Finish at IHRA Holley Spring Nationals
IHRA: Romine Earns Semi-final Finish at IHRA Holley Spring Nationals ... Continue reading
IHRA: Weney Reaches Semis at IHRA Holley Nationals
IHRA: Weney Reaches Semis at IHRA Holley Nationals ... Continue reading
INDY500, IRL: Big Field Ready for Greatest Spectacle in Racing
INDY500, IRL: Big Field Ready for Greatest Spectacle in Racing ... Continue reading
J. B. Hunt Transport Services Inc. Makes Announcement
J. B. Hunt Transport Services Inc. announced that the Board of Directors declared the regular quarterly dividend on its common stock of five cents per share, payable May 19, 1999, to stockholders of record May 3, 1999. ... Continue reading
Johnson Controls Applies for Injunction to Stop CAW Occupation
Johnson Controls is making an application for an injunction against Canadian Auto Workers union members who occupied its Stratford, Ontario plant in opposition to company plans to outsource 200 jobs to Mexico. ... Continue reading
Lithia Motors Attracts Ten Research Analysts Since Its IPO
Lithia Motors, Inc. announced that it has attracted ten leading research analysts to cover its stock and to publish research reports on the company since its IPO in December 1996. ... Continue reading
Major Luxury Brands Team Up for Ultimate Drive in Style
Infiniti, the luxury division of Nissan North America, Inc., announced a national co-promotion and sweepstakes partnership, called "Drive With Style," with Callaway Golf Apparel by Nordstrom and Golf Digest. ... Continue reading
More Than 1,600 Companies Share One Strategic Mission At Conference
Representatives from more than 1,600 of Michigan's largest companies and minority-owned organizations will convene May 24- 26 at Detroit's Cobo Hall and Exhibition Center at the 18th Annual Michigan Minority Procurement Conference (MMPC). ... Continue reading
Myers Industries Reports Record First Quarter Results
Myers Industries, Inc. reported record financial results for its first quarter, which ended March 31, 1999. ... Continue reading
NASCAR-CTS: Jack Sprague fastest in Craftsman Truck practice at Martinsville Speedway
NASCAR-CTS: Jack Sprague fastest in Craftsman Truck practice at Martinsville Speedway ... Continue reading
NASCAR-CTS: Royal Crown Race Notes - NAPA 250 - Martinsville Speedway
NASCAR-CTS: Royal Crown Race Notes - NAPA 250 - Martinsville Speedway ... Continue reading
NASCAR-WCUP: #20 Home Depot Race Team - Pre-Race Stats and Driver Quotes
NASCAR-WCUP: #20 Home Depot Race Team - Pre-Race Stats and Driver Quotes ... Continue reading
NHRA: Pennzoil Pros to 'Get Into Gear" in Dallas
NHRA: Pennzoil Pros to 'Get Into Gear ... Continue reading
NHRA: Stevens Aims for Big W in Big D
NHRA: Stevens Aims for Big W in Big D ... Continue reading
Nissan Revises Its Estimates of Financial Results for the Fiscal Year
Nissan Motor Co., Ltd. issued a revised forecast for its consolidated and non-consolidated financial results for the fiscal year that ended March 31, 1999. ... Continue reading
Parker Posts Third-Quarter Sales and Income for Fiscal Year 1999
Parker Hannifin Corporation reported a five-percent increase in sales and an eight-percent decline in net income off of a record third quarter last year. ... Continue reading
SPX Selected As Partner By Bridgestone/Firestone, Inc.
Service Solutions, a unit of SPX Corporation announced an agreement with Bridgestone/Firestone, Inc., Rolling Meadows, Illinois, to assume the administrative functions of Bridgestone/Firestone, Inc.'s service equipment program. ... Continue reading
Strattec Security Corporation Reports Fiscal Third Quarter Results
STRATTEC SECURITY CORPORATION reported operating results for its fiscal third quarter and nine months ending March 28, 1999. ... Continue reading
The `Real' Cost of Owning a '99 Car or Truck Higher Than Expected
For 1999, automotive industry experts, including organizations like the National Automobile Dealer Association (NADA), are suggesting the actual cost of a new car or truck is just under $24,000. ... Continue reading
Tirex Begins Shipping Rubber Floor Mats
The Tirex Corporation announced that it has begun shipping rubber floor mats under its contract with IM2 Merchandising and Manufacturing Corporation. ... Continue reading
TransTechnology Declares Dividend of Six and One-Half Cents
The board of directors of TransTechnology Corp. has declared a regular dividend of $.065 per share payable on June 1, 1999 to shareholders of record on May 14, 1999. ... Continue reading
Turbodyne Reports $20 Million Agreement With Private Equity Investor
Turbodyne Technologies Inc. reported that it has executed a term sheet with a private equity investor pursuant to which the investor would invest up to $20 million in the company over a period of approximately one year. ... Continue reading
Turbodyne Reports 1998 Year-End Results
Turbodyne Technologies Inc. regards 1998 as a year of a number of accomplishments, achievement of some key business milestones, fundamental change, reorganization and restructuring, and some disappointments. ... Continue reading
Twin Disc, Inc., Declares Reduced Regular Quarterly Cash Dividend
Twin Disc, Inc. announced that the Board of Directors declared a reduced regular quarterly cash dividend of $0.175 per share, payable on June 1, 1999, to stockholders of record on May 14, 1999. ... Continue reading
Visteon Reports First Quarter 1999 Earnings of $208 Million
Visteon Automotive Systems is reporting a first quarter 1999 net income of $208 million, up 10 percent from a year ago. Revenue for the first quarter was $4.8 billion, up 9 percent from 1998, with an after-tax return on sales of 4.3 percent. ... Continue reading
Ward's Reports Estimated Production
Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 386,842 units, up from the 322,873 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading
Westar Financial to Present at NYSSA Specialty Finance Conference
Westar Financial Services Incorporated, a prime-credit auto lessor, has been invited to make a presentation at the Specialty Finance Conference for the New York Society of Securities Analysts (NYSSA) on April 22, 1999. ... Continue reading
WOO: Rain Postpones Outlaw Feature
WOO: Rain Postpones Outlaw Feature ... Continue reading
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