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August 1999

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Monday, August 16, 1999

Advanced Systems International Announces Listing of ADSN On NASD: OTCBB

Advanced Systems International Announces Listing of ADSN On NASD: OTCBB

-Advanced Systems International, Inc. announced that it had "cleared" all comments through the Securities and Exchange Commission on its SEC Registration Statement Form 10-SB. ... Continue reading

Americredit Corp. Announces $1,000,000,000 Asset-backed Securitization

Americredit Corp. Announces $1,000,000,000 Asset-backed Securitization

Americredit Corp. announced the pricing of a $1 billion offering of automobile receivables-backed securities through Chase Securities Inc., Banc of America Securities LLC, Bear, Stearns & Co. Inc. and Credit Suisse First Boston. ... Continue reading

AMSTED Successfully Completes Tender Offer for Varlen

AMSTED Successfully Completes Tender Offer for Varlen

AMSTED Industries Incorporated announced that it has successfully completed its tender offer for the outstanding shares of Varlen Corporation for $42 per share in cash. ... Continue reading

Arvin Industries One of the World's 100 Best-Managed Companies

Arvin Industries One of the World's 100 Best-Managed Companies

Arvin Industries, Inc. is on the fourth annual list of Industry Week's 100 Best-managed Companies ... Continue reading

AutoBond Announces Second Quarter 1999 Results

AutoBond Announces Second Quarter 1999 Results

AutoBond Acceptance Corporation, listed on the Amex under the symbol ABD, is reporting a second quarter 1999 loss of $1.18 per share on a net loss of $7,710,568. ... Continue reading

Bikers Dream Inc. Reports Record Second Quarter Revenue and Profits

Bikers Dream Inc. Reports Record Second Quarter Revenue and Profits

Bikers Dream Inc. Monday announced record revenues and profits for the second quarter of 1999 ... Continue reading

CART: Mid-Ohio Race Notes, Robby Gordon

CART: Mid-Ohio Race Notes, Robby Gordon

Mid-Ohio Sunday Race Notes/Quotes ... Continue reading

CART: Montoya ties CART rookie record for most wins in a season

CART: Montoya ties CART rookie record for most wins in a season

CART: Montoya ties CART rookie record for most wins in a season ... Continue reading

Cascade Corporation Directors Approve Quarterly Dividend

Cascade Corporation Directors Approve Quarterly Dividend

Robert C. Warren, Jr., president and chief executive officer of Cascade Corporation, announced that the Board of Directors has declared a quarterly dividend of $.10. ... Continue reading

CASCAR: Thomson recaptures National points lead with win in Edmonton

CASCAR: Thomson recaptures National points lead with win in Edmonton

CASCAR Castrol Super Series - National race #2 / Edmonton - Results ... Continue reading

CCC International Acquires D.W. Norris Limited

CCC International Acquires D.W. Norris Limited

CCC International, a subsidiary of CCC Information Services , announced today that it has acquired D.W. Norris Limited, one of the largest independent vehicle inspection companies in the United Kingdom ... Continue reading

Collins & Aikman Earns Automotive Industries Quest for Excellence Award

Collins & Aikman Earns Automotive Industries Quest for Excellence Award

Collins & Aikman Corporation has earned a Quest for Excellence award in the Interiors category from the trade magazine Automotive Industries. ... Continue reading

Collins Posts Higher Earnings On Record Sales

Collins Posts Higher Earnings On Record Sales

COLLINS INDUSTRIES, INC. reported a 118% increase in net earnings and a 34% increase in sales for the third fiscal quarter ended July 31, 1999 ... Continue reading

Cooper Tire 'Drives On' With Fahlgren

Cooper Tire 'Drives On' With Fahlgren

COOPER TIRE & RUBBER COMPANY has named Fahlgren, Inc. advertising agency-of-record for the Findlay, Ohio-based tire and engineered rubber products marketer following a comprehensive national agency search and review ... Continue reading

CRAGAR Industries Posts 2nd Consecutive Quarter of Positive Earnings

CRAGAR Industries Posts 2nd Consecutive Quarter of Positive Earnings

CRAGAR Industries, Inc. reported the posting of its second consecutive quarter of positive earnings. ... Continue reading

Crown Group, Inc. Reports Record Revenues and Earnings for FY1999

Crown Group, Inc. Reports Record Revenues and Earnings for FY1999

Crown Group, Inc. announced increased revenues and earnings for the quarter and fiscal year ended April 30, 1999. ... Continue reading

CTS Corp Consolidates Business Units to Strengthen Resources

CTS Corp Consolidates Business Units to Strengthen Resources

CTS Corporation announced that its Electrocomponents business will be integrated into CTS' Resistor Products business to form a unified strategic business "CTS Resistor/Electrocomponents." ... Continue reading

DaimlerChrysler to Build and Sell More than 100,000 PT Cruisers Next Year

DaimlerChrysler to Build and Sell More than 100,000 PT Cruisers Next Year

DaimlerChrysler AG, a major maker and seller of cars, will build and sell more than 100,000 units of retro-type, Chrysler PT Cruiser model cars in North America next year, Stark's News Service Interactive reported. ... Continue reading

Dana Corporation to Acquire Innovative Manufacturing, Inc.

Dana Corporation to Acquire Innovative Manufacturing, Inc.

Dana Corporation announced that it has acquired Innovative Manufacturing, Inc. as part of the company's plan to strengthen operations at its Fredericktown, Ohio, Spicer Outdoor Power Equipment Components Division facility. ... Continue reading

Dodge Finds Success by Being 'Different'

Dodge Finds Success by Being 'Different'

With a highly successful lineup of cars, trucks and minivans, continual sales records, and a growing group of loyal owners, the Dodge Division of DaimlerChrysler is arguably one of the hottest brands in the automotive industry today ... Continue reading

Drag Racing Tonight

Drag Racing Tonight

Drag Racing Tonight ... Continue reading

Easyriders Reports Results for Three Months Ended June 30, 1999

Easyriders Reports Results for Three Months Ended June 30, 1999

Easyriders Inc. announced that for the three-month operating period ended June 30, 1999, the company recorded revenues of $11 million, which generated a loss of $3.6 million, or $0.17 per share, ... Continue reading

Federal-Mogul Announces Extension of Exchange Offer

Federal-Mogul Announces Extension of Exchange Offer

Federal-Mogul Corporation announced that it has extended the expiration date of its offer to exchange its 7-3/8% Notes due 2006 which have been registered under the Securities Act of 1933 for any and all of its outstanding 7-3/8% Notes due 2006. ... Continue reading

Ford and Mobil Make Progress on New Gasoline Reformer

Ford and Mobil Make Progress on New Gasoline Reformer

Ford Motor Company and Mobil Corporation today announced significant progress in developing a smaller, lighter, less expensive on-board gasoline fuel processor for fuel cell vehicles ... Continue reading

Formula One: Hakkinen strikes back with dominant victory, pulls to within two points of Irvine

Formula One: Hakkinen strikes back with dominant victory, pulls to within two points of Irvine

Hakkinen strikes back with dominant victory, pulls to within two points of Irvine ... Continue reading

Freudenberg-NOK Expands Product Offering With New Valve Unit

Freudenberg-NOK Expands Product Offering With New Valve Unit

In a strategic move to expand its product offering, Freudenberg- NOK has created a new organization, the Valve Business Unit and has appointed J. Jeffrey Hildebrand as director of the new unit. ... Continue reading

Genuine Parts Company Declares Regular Quarterly Dividend

Genuine Parts Company Declares Regular Quarterly Dividend

The Board of Directors of Genuine Parts Company declared a regular quarterly cash dividend of 26 cents per share on the Company's common stock. ... Continue reading

Goodyear Unveils All-New Global Web Site

Goodyear Unveils All-New Global Web Site

Looking to make the tire industry's best web site even easier to use, Goodyear today unveiled an all-new goodyear.com ... Continue reading

Guidugli Appointed GM, Human Resources for Mercedes-Benz USA

Guidugli Appointed GM, Human Resources for Mercedes-Benz USA

Mercedes-Benz USA, Inc. (MBUSA) has announced the appointment of Tom Guidugli to general manager, human resources, at the company's headquarters in Montvale, N.J. Guidugli replaces Bob Erzen, who retired after 11 years of service with MBUSA. ... Continue reading

Head of Eaton's Automotive Group to Retire; Successor Named

Head of Eaton's Automotive Group to Retire; Successor Named

Eaton Corporation announced that Robert J. McCloskey, Senior Vice President and Group Executive for the company's Automotive Group, will retire on December 31, 1999 and also announced the appointment of Bruce E. Taylor to that position. ... Continue reading

Jim Mallak Joins Textron Automotive Trim Division

Jim Mallak Joins Textron Automotive Trim Division

Jim Mallak has joined Textron Automotive Company Trim Division as Vice President of Finance ... Continue reading

JMPR Signs Budget EV Rentals

JMPR Signs Budget EV Rentals

Budget EV Rentals has retained JMPR Public Relations, Inc. to assist with its national public relations responsibilities ... Continue reading

Karts International Announces 108% Increase in Second Quarter Results

Karts International Announces 108% Increase in Second Quarter Results

Karts International Incorporated announced results of operations for its six and three month periods ended June 30, 1999. ... Continue reading

Lear Corporation Selected by IndustryWeek Magazine

Lear Corporation Selected by IndustryWeek Magazine

Lear Corporation is on the fourth annual list of IndustryWeek's 100 Best-Managed Companies. ... Continue reading

Lee Iacocca Announces Appointment of Moore Buick Pontiac GMC

Lee Iacocca Announces Appointment of Moore Buick Pontiac GMC

Iacocca, Chairman and CEO of EV Global Motors Company, announced the appointment of John Moore and Moore Buick Pontiac GMC to sell and service a full line of electric vehicles. ... Continue reading

Lucor, Inc. Announces Record Second Quarter Financial Performance

Lucor, Inc. Announces Record Second Quarter Financial Performance

Lucor, Inc.), the largest Jiffy Lube franchisee in the United States, today announced that revenue for the six months ended June 30, 1999 increased 42% to $36,380,126 over revenue of $25,694,976 reported for the six months ended June 30, 1998 ... Continue reading

Modine Heat Recovery Unit Debuts On NiSource Energy System

Modine Heat Recovery Unit Debuts On NiSource Energy System

Modine Manufacturing Company provided the heat recovery unit for a new, self-contained, total-energy system developed by Energy U.S.A., a subsidiary of NiSource Inc., Merrillville, Ind. ... Continue reading

NASCAR SJAPS: It's Bigley for second weekend in a row

NASCAR SJAPS: It's Bigley for second weekend in a row

NSJAPS Round #14, Story, Complete Points, Series Stats ... Continue reading

NASCAR WCUP: Frontier at the Glen Race Wrap Up

NASCAR WCUP: Frontier at the Glen Race Wrap Up

NASCAR WCUP: Frontier at the Glen Race Wrap Up ... Continue reading

NASCAR WCUP: This Time Lucky Coin Works For Steve Park's Roadcourse Effort

NASCAR WCUP: This Time Lucky Coin Works For Steve Park's Roadcourse Effort

This Time Lucky Coin Works For Steve Park's Roadcourse Effort ... Continue reading

New Filling Station Gives Ford Advantage in Developing Hydrogen Vehicles

New Filling Station Gives Ford Advantage in Developing Hydrogen Vehicles

Ford Motor Company today opened the first filling station in North America that can refuel vehicles with either liquid or gaseous hydrogen ... Continue reading

NHRA Federal Mogul: New Jersey native Manzo clinches division title at home track

NHRA Federal Mogul: New Jersey native Manzo clinches division title at home track

FMDRS-Old Bridge Township Raceway Park-Englishtown, N.J.--Sunday Finals ... Continue reading

Ocean Bio-Chem, Inc. Reports Profit For 2nd Quarter 1999

Ocean Bio-Chem, Inc. Reports Profit For 2nd Quarter 1999

Ocean Bio-Chem. Inc. net earnings per share for the 2nd Quarter ending June 30, 1999, increased to $.03 per share versus near break-even per share for the same quarter of 1998. ... Continue reading

Oilgear Reports Second Quarter Results

Oilgear Reports Second Quarter Results

The Oilgear Company reported sales and earnings for the second quarter ended June 30, 1999. ... Continue reading

Pirtek Spring Branch Opens In Houston

Pirtek Spring Branch Opens In Houston

New On-site hydraulic hose replacement and repair service provides "Just in Time" service to local industries. ... Continue reading

Precision Transfers to Nasdaq SmallCap Market

Precision Transfers to Nasdaq SmallCap Market

Precision Auto Care, Inc. announced that the Nasdaq Listing Qualification Panel has determined that the Company's securities be transferred to the Nasdaq SmallCap Market effective August 16, 1999. ... Continue reading

Productivity Technologies Corp. Announces Q4 And Fiscal Year Results

Productivity Technologies Corp. Announces Q4 And Fiscal Year Results

Productivity Technologies Corp. announces unaudited consolidated operating results for its fourth fiscal quarter and for the fiscal year ended June 30, 1999. These results are subject to completion of the audit. ... Continue reading

Prudential Reduces Rates for California Drivers

Prudential Reduces Rates for California Drivers

Prudential Property and Casualty Insurance Company (PRUPAC) is reducing Auto insurance rates in California by an average of 15.2 percent statewide. Some California drivers will enjoy reductions of as much as 30 percent. ... Continue reading

Shared Technologies Cellular Reports Q2 and Six-Month Results

Shared Technologies Cellular Reports Q2 and Six-Month Results

Shared Technologies Cellular, Inc. announced that revenues for the three months ended June 30, 1999 reached $6,461,000, gross margin was $1,632,000, and the net loss was $3,808,000, or $0.49 per common share on 7,739,000 shares outstanding. ... Continue reading

Spartan Motors Teams With Winnebago Industries

Spartan Motors Teams With Winnebago Industries

Spartan Motors, Inc., a leading manufacturer of custom chassis, today announced an agreement to supply chassis to Forest City, Iowa-based Winnebago Industries, Inc. for the recreational vehicle maker's Ultimate Freedom Class A model motorhomes ... Continue reading

SRI Consulting Predicts Integration is the Killer Application

SRI Consulting Predicts Integration is the Killer Application

Integrated products and services will be the catalyst for future commercial successes of in-vehicle Intelligent Transportation Systems (ITS), according to a new report entitled In-Vehicle ITS Product Integration from SRI Consulting. ... Continue reading

The California State Automobile Association Appoints Rose Guilbault

The California State Automobile Association Appoints Rose Guilbault

CSAA, the AAA affiliate in Northern California, Nevada and Utah, has named Rose Guilbault its new Vice President of Corporate Communications and Public Affairs. ... Continue reading

US 1 Industries Announces 1999 Second Quarter Results

US 1 Industries Announces 1999 Second Quarter Results

US 1 Industries, Inc. announced this week the results for its second quarter ended June 30, 1999. Revenues increased to $8.2 million compared to $8.1 in same period in 1998. ... Continue reading

U.S. Automotive Manufacturing, Inc. Results of the Three and Six Months

U.S. Automotive Manufacturing, Inc. Results of the Three and Six Months

U.S. Automotive Manufacturing, Inc. reported that for the three months ended June 30, 1999, it made a profit of $152,291 or $0.14 per share on net sales of $8,043,361. ... Continue reading

Volvo Announces 'National Buckle Up Week'

Volvo Announces 'National Buckle Up Week'

Volvo Cars of North America announced that August 15 to 21 has been named "Volvo's National Buckle Up Week" to commemorate the safety belt's U.S. introduction 40 years ago. ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 336,964 units, down from the 339,408 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

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