By David Treffer Contributing Motorsports Editor, The Auto Channel April 26, 2001 The NASCAR Winston Cup Series travels west this weekend to Fontana, California for race #10 of 36. Series points leader Dale Jarrett brings a 145-point lead over Jeff Gordon. If past history is any indicator of the race, Gordon will proba ... Continue reading
Labonte, Earnhardt quickest in ARCA RE/MAX Series LMS testing
Labonte, Earnhardt quickest in ARCA RE/MAX Series LMS testing CONCORD NC, 4-25-01 - Third-generation drivers' Justin Labonte and Kerry Earnhardt unofficially posted the quickest speeds in ARCA RE/MAX Series open testing Wednesday night under the lights at Lowe's Motor Speedway. Labonte, son of 2-time NASCAR Winston Cup ... Continue reading
Woodside Looks to Top Previous Best at California Speedway
Contacts: Donna Walker Team Walker Motorsports 818/255-3468 dwwteam@aol.com Barbara Evans Evans MMPR 818/920-0527 evansmmpr@earthlink.net FOR IMMEDIATE RELEASE WOODSIDE LOOKS TO TOP PREVIOUS BEST AT CALIFORNIA SPEEDWAY April 25, 2001 (North Hollywood, Calif.) - Sean Woodside, driver of the #45 Team Walker/Ron's Rear En ... Continue reading
US F2000: Arnold Brinkmann signs with Key Motorsport
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 8, 2001 MONTREAL, QUEBEC (April 26, 2001)- Key Motorsport is pleased to announce that veteran U.S. F2000 driver Arnold Brinkmann of Quito, Ecuador, has signed with the team for the remainder of the U.S F2000 Championship. Key Motorsport team owner, Ste ... Continue reading
CART reports first quarter 2001 results
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 26, 2001 DETROIT (April 26, 2001) - Championship Auto Racing Teams, Inc. today announced revenues, expenses, net income and earnings per share for the first quarter ended March 31, 2001. The number of events held in a particular quarter will affect the ... Continue reading
NASCAR WCUP: Jarrett heads west in search of more progress and points
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 26, 2001 FONTANA, Calif., April 26, 2001 - Going places he's never gone before. As the NASCAR Winston Cup Series officially hit the quarter turn of its 2001 campaign, Dale Jarrett had already done that twice in the young season with first-ever visits t ... Continue reading
NASCAR WCUP: Petty Family Comes Home With Switch to Dodge in 2001
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 26, 2001 FONTANA, Calif., April 26, 2001 - On his way to becoming the King of stock car racing, Richard Petty drove many cars. His favorites? The Dodge Chargers of the early 1970s. For many veteran race fans, the image of Dodge and Richard Petty are in ... Continue reading
NASCAR WCUP: Sears Point Names New Turn 2 Seating for Dale Earnhardt
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 26, 2001 SONOMA, Calif. (April 26, 2001) - Dale Earnhardt, who died tragically in a last-lap accident at the Daytona 500 last February, meant the world to so many people, and the fans of Northern California were no different. To that end, Sears Point R ... Continue reading
NHRA: Lucas Oil Products becomes title sponsor of Route 66 Raceway event
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 26, 2001 GLENDORA, Calif. (April 26, 2001) - Lucas Oil Products, an industry leader in lubricants and fuel treatments, has reached an agreement with the National Hot Rod Association (NHRA) to become the title sponsor of the 2001 spring event at Route 6 ... Continue reading
NASCAR WCUP: Burton Ready To Run In California
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 26, 2001 BURTON ON CALIFORNIA… “With the horsepower that engine builder, Terry Elledge (father of Jimmy Elledge, crew chief for last week’s winner) provides, we are certainly prepared to get out there. He provides a lot for horsepower ... Continue reading
INDY 500: IMS Working with Indiana Cities to Promote '500' Spirit
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 26, 2001 INDIANAPOLIS - The Indianapolis Motor Speedway is taking its campaign to promote Indianapolis 500 spirit within Indiana to the streets - literally - by working directly with local communities across the state as the month of May approaches. Th ... Continue reading
NASCAR BGN: Californian Marc Reno returns to Southern California
Posted By Terry Callahan Motorsports Editor, The Auto Channel April 26, 2001 CHARLOTTE, N.C., (April 26, 2001) – Bakersfield, Calif. native and #1 Yellow Racing crew chief Marc Reno has lent his wrench-turning hand to some of the biggest names in the sport, including Ernie Irvan, Joe Ruttman, Richard Petty and cu ... Continue reading
TACH SPECIAL: Audi Driver Michele Alboreto Killed in Testing Accident
by David Treffer Contributing Motorsports Editor, The Auto Channel April 26, 2001 Audi driver Michele Alboreto was fatally injured Wednesday while testing the new Audi R8 at the Eurospeedway Lausitz circuit in Dresdner, Germany. Alboreto was testing the Audi for the upcoming 24 Hours of Le Mans. Eyewitnesses to the cra ... Continue reading
Avis Introduces New Alpine Portable Navigation System At Five Key Airport Locations
First Rental Car Company to Offer Navigation Devices for Any Size Vehicle GARDEN CITY, N.Y., April 26 Avis Rent A Car and Alpine Electronics of America today announced that Alpine's new portable satellite navigation system will be available on a test basis to Avis customers renting most vehicles in the Avis fleet at fi ... Continue reading
Environmental Solutions Worldwide Launches New Industrial Duty Converter Line, Air Sentinel
MARKHAM, Ontario--April 26, 2001--Environmental Solutions Worldwide, Inc., (ESW) (OTCBB:ESWW), a company that develops, manufactures and markets advanced environmental technologies, today announced the introduction of Air Sentinel(TM), a new line of catalytic converters and catalytic silencers, specifically engineered ... Continue reading
FLORAL PARK, N.Y.--April 26, 2001--Royal Acceptance Corporation (Pink Sheets:RYFC) announced today that it has retained Consulting For Strategic Growth, Ltd., (CFSG); a public relations company, to begin a campaign to both promote the company and increase shareholder value. Richard Toporek, President of Royal Acceptanc ... Continue reading
The Timken Company Intends to Close Columbus Railroad Bearing Plant
Rail Bearing Production to Move to Other Timken Plants CANTON, Ohio, April 26 Last week, The Timken Company announced the second phase of its transformation to a global enterprise. Part of this phase is an aggressive reduction in the company's costs and asset base. Central to this initiative is achieving $100 million i ... Continue reading
Timken Company Proceeds with Second Phase of Transformation; Names Plants it Plans to Close, Sell
CANTON, Ohio, April 26 Last week, The Timken Company announced the second phase of its transformation to a global enterprise. This next phase will be emphasizing a new manufacturing strategy, including an aggressive reduction in the company's costs and asset base. Central to this initiative is achieving $100 million in ... Continue reading
ADVISORY/Kolorfusion International Inc. Announces Licensing Agreement with Dee Zee Inc.
-- KOLORFUSION INTERNATIONAL INC. (OTCBB:KOLR): Kolorfusion International's President, Steve Nagel, announced that the Company has entered a License Agreement for up to 20 years with Dee Zee Inc. (www.deezee.com), a leading manufacturer of over 1400 aluminum accessory products for the SUV and truck markets. You can rea ... Continue reading
Automotive Net Solutions & CET's CallMe
Please see the attached Press Release on CET’s CallMe. ... Continue reading
HARTFORD, Conn.--April 26, 2001--Conning believes that consumers can expect an increase in auto insurance premiums next year, reversing a trend in declining auto insurance rates that began in 1995. According to a recent Conning & Company study, personal automobile rates are increasing 4%-8%, but recent filings may resu ... Continue reading
Delco Remy International Reports Issuance of Senior Subordinated Notes
ANDERSON, Ind., April 26 Delco Remy International, Inc., a leading supplier of aftermarket and OEM electrical systems and powertrain/drivetrain products for automotive, heavy duty and industrial applications, today reported the closing and issuance of a new Senior Subordinated Debt issue of $165 million which was incre ... Continue reading
SAN JOSE, Calif.--April 26, 2001--Fairchild Semiconductor International announces the FAN7527, a power factor correction (PFC) controller IC for use with power MOSFETs in electronic ballast and other low power ((less than)150 Watt) switch mode power supply (SMPS) applications. The combination of features found in the F ... Continue reading
Fitch Rts AmeriCredit Auto Receivables Trust 2001-1 `F1+/AAA'
NEW YORK--April 26, 2001--Fitch rates AmeriCredit Automobile Receivables Trust 2001-1 as follows: -- $175,000,000 class A-1 4.8075% asset-backed notes `F1+'; -- $348,000,000 class A-2 4.63% asset-backed notes `AAA'; -- $304,750,000 class A-3 5.13% asset-backed notes `AAA'; -- $99,000,000 class B 5.81% asset-backed note ... Continue reading
Kristen Simmons Promoted to Mazda's Vice President of Marketing
IRVINE, Calif., April 26 Mazda today announced the promotion of Kristen Simmons to the position of vice president, Marketing. Formerly director of Marketing, Simmons was one of the chief architects of Mazda's highly successful "Zoom-Zoom" advertising campaign that has contributed to the company's 23 percent sales incre ... Continue reading
Myers Industries Declares Quarterly Dividend; Prepares to List Stock On the NYSE From the AMEX
AKRON, Ohio--April 26, 2001--The Board of Directors of Myers Industries, Inc. (AMEX:MYE) today declared a $0.06 per common share quarterly cash dividend. The dividend will be paid July 2, 2001, to shareholders of record as of June 15, 2001. Effective May 1, 2001, Myers Industries' stock will begin trading on the New Yo ... Continue reading
Newstream.com Digest: New Look for Frigidaire, and Other Free Multimedia for Journalists
NEW YORK--April 26, 2001-- The Old Becomes the New: Frigidaire Introduces New Logo for Its Innovative New Product Lines; Hearkens to 1955 Frigidaire is reaching back some 46 years to introduce its new logo for all Frigidaire-brand major appliances -- the modernized version of the celebrated Frigidaire "script logo." Th ... Continue reading
REPEAT/Fed Sparks Confidence -- Consumers Feel Better About the Economy
COLUMBUS, Ohio--April 25, 2001--Alan Greenspan's lowering of interest rates has started to revive consumer confidence according to just released findings from BIGresearch surveys before and after the announced rate cuts. Consumers say that their feelings about the chance for a strong economy in 2001 are higher than pri ... Continue reading
Report from Trelleborg AB's Annual General Meeting
TRELLEBORG, Sweden--April 26, 2001--The Trelleborg Annual General Meeting on April 26, 2001, attracted nearly 1,200 participants to the Soderslattshallen in Trelleborg. In his address to the shareholders, Group CEO Fredrik Arp commented on operations during the 2000 financial year and the work in progress to create con ... Continue reading
Stop! Red Light Cameras Prevent Accidents; New Study Confirms Benefits of Camera Enforcement
LOS ANGELES--April 26, 2001--If a picture is worth a thousand words, then red light cameras are speaking volumes to motorists throughout California. A recent study done by the Insurance Institute for Highway Safety shows that red light cameras reduce intersection collisions. "Red light cameras are beginning to pop up i ... Continue reading
Donner Corp. International Issues Morning Call Notes on ZAPWORLD.COM SANTA ANA, Calif., April 26 Donner Corp. International, a broker/dealer headquartered in Santa Ana, CA., today issued a Morning Note on ZAPWORLD.COM, Sebastopol, California . ZAPWORLD.COM is one of the world's leading companies in the light electric v ... Continue reading
Valeo Announces Recent Appointments
PARIS--April 26, 2001--Valeo (Paris: FR; OTC: VLEEY) today announced the following organizational changes and appointments within the Group: 1. As from March 26th, 2001, the Electronics and Connective Systems Branches were re-organized to complete the integration of the Labinal activities acquired last year into the Gr ... Continue reading
CNH Reports First Quarter Results
RACINE, Wis.--April 26, 2001-- CNH Reports First Quarter Results -- Net revenues were $2.45 billion, compared to $2.61 billion in 2000; adjusted for divestitures and currency impact, revenues were essentially unchanged. -- Industrial operating margin increased from $31 million to $91 million for the quarter. -- Year-ov ... Continue reading
Group 1 Posts Record Revenues, 18% EPS Increase For First Quarter
Guidance Raised for 2001 Second Quarter HOUSTON, April 26 Group 1 Automotive, Inc. , a Fortune 500 company in the automotive retailing industry, today reported record revenues and earnings for the first quarter of 2001. Revenue growth in all business segments and expansion of margins drove the record-setting first- qua ... Continue reading
Spartan Motors Reports Earnings
The following is a press release from Spartan Motors. Please give Mary Ann Sabo a call at 616-233-0500 if you have any questions. Thanks, Ryan McGrath Associate Lambert, Edwards & Associates www.lambert-edwards.com Spartan Motors Reports Strong Operational Improvements in First Quarter Manufacturer Exceeds Analyst Earn ... Continue reading
The Strategic Research Partnership: A New Tool for Outsourcing Business Intelligence
MOUNT OLIVE, N.J., April 26 BRG Townsend, Inc. (BRG) announced today that it has available complementary reprints of a paper entitled "The Strategic Research Partnership: A New Tool for Outsourcing Business Intelligence." This paper, originally given at ANTEC 2000, describes a new business tool being used by an increas ... Continue reading
What's Driving the Diesel Megatrend in Europe?
LONDON, April 26 http://www.just-auto.com -- Diesel cars are experiencing a meteoric growth in sales throughout Europe. In 1973, only 2.5% of new car sales were diesel models. By the end of 2001, this figure is expected to reach 30-40%! So what factors have helped to transform public opinion of the cars once regarded a ... Continue reading
Rouge Industries Posts a First Quarter Loss of $59.8 Million
Rouge Industries, Inc. reported a net loss of $59.8 million, or $2.69 per share, for the first quarter of 2001, compared to a net loss of $12.9 million or $0.58 per share in the first quarter of 2000. The loss in 2001 included a $7.4 million benefit for indemnification by the Company's former parent for environmental l ... Continue reading
Spartan Motors Reports Strong Operational Improvements in First Quarter
Buoyed by strong operational improvements in its core chassis business, Spartan Motors, Inc. today announced results for the first quarter ended March 31, 2001. Despite softer sales of its custom RV platforms, the Charlotte, Mich.-based manufacturer reported net earnings of $1.5 million, or $0.14 per share, for the fir ... Continue reading
Oshkosh Truck Reports Income From Continuing Operations Down 5% in Q2
Oshkosh Truck Corporation today reported that second quarter income from continuing operations decreased 5 percent to $11.3 million, or $0.66 per share, on sales of $342 million for the quarter ended March 31, 2001. This compares with income from continuing operations of $11.9 million, or $0.70 per share, on sales of $ ... Continue reading
Key figures 2001 2000 MSEK 1st 1st Change Q Q Order intake 1,69 1,70 0% 9 1 Net invoicing 1,64 1,61 + 2% 8 8 Operating 76 107 -28% earnings Earnings before 60 92 -35% tax Net income 40 58 -32% Earnings per 1:77 2:62 -32% share, SEK Profit margin 4.7% 6.7% Key business events Breakthrough on the US market for Haldex AWD ... Continue reading
IMPCO Announces $1.15 Million Order From Mitsubishi Caterpillar Forklift
IMPCO Technologies, Inc., the World's leading source of advanced alternative fuel systems technology and components for internal combustion engines, announced today that it has received an order from (MCFA) Mitsubishi Caterpillar Forklifts of America (Houston, TX) to supply the company with over 1,000 advanced gaseous ... Continue reading
Kolorfusion Announces Licensing Agreement With Dee Zee, Inc.
Kolorfusion International, Inc. (OTCBB:KOLR): Dee Zee is a Subsidiary of Lancaster Colony Corp. Kolorfusion International's President, Steve Nagel, announced that the Company has entered a License Agreement for up to 20 years with Dee Zee, Inc. (www.deezee.com), a leading manufacturer of over 1,400 aluminum accessory p ... Continue reading
State Auto Financial Announces Strong Earnings and Sales Results for Q1
State Auto Financial Corporation announced net reported earnings per share of $0.37 ($0.36 diluted) for the first quarter ending March 31, 2001, compared to $0.35 ($0.35 diluted) per share for the same period last year. Net operating earnings per share were $0.37 ($0.36 diluted), compared to $0.30 per share ($0.30 dilu ... Continue reading
Have Hoop Will Travel, Announces Pickup Hoops
Throughout time inventions have come out of nowhere that have caused a revolution: the hula-hoop the Frisbee, rollerblades. You just never know when and where you'll find the next "big thing". Well we think we have and it's called Pickup Hoops. Pickup Hoops is a patented basketball goal assembly that mounts in the bed ... Continue reading
ADVISORY/The Honorable Alexis M. Herman Named to Cummins Board of Directors
-- Today, April 26, Cummins Inc. announced the election of the Honorable Alexis Herman to the board of directors. You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?2753 This multimedia news story is for free and unrestricted use on your news information site (and for print ... Continue reading
LOS ANGELES, April 26 Bentley Communications Corp. (OTC Bulletin Board: BTLY) is proud to announce its appointment as the official organizing sponsor of the National Basketball Retired Players Association Annual Convention, July 8th through July 13th, 2001. This event will be held on Paradise Island, Bahamas, at the sp ... Continue reading
Consumer Portfolio Services Inc. Reports 2001 First Quarter Earnings
IRVINE, Calif.--April 26, 2001--Consumer Portfolio Services Inc. today announced its earnings for the first quarter ended March 31, 2001. The company's net income for the three months ended March 31, 2001, was $186,000, or $0.01 per share, on 21.4 million diluted shares outstanding, compared with a net loss of $11.1 mi ... Continue reading
FEATURE/Cruise America Holds Fuel Costs Down
MESA, Ariz.--(BUSINESS WIRE FEATURES)--April 26, 2001--Cruise America Thursday announced a Fuel Cost Protection Program to counteract fuel price increases that may occur through 2001. The program will establish a base fuel cost per gallon this spring and credit any increases in that cost against the total rental charge ... Continue reading
ANN ARBOR, Mich., April 26 IAV Automotive Engineering and Calico Systems announce the formation of an automotive research and development consortium aimed at the widespread deployment of neural network software technologies in powertrain applications. The Automotive Neural Network Consortium (AutoNNC) will conduct a fo ... Continue reading
Internet Film Series Debuts on bmwfilms.com
David Fincher, John Frankenheimer, Ang Lee, Wong Kar-Wai, Guy Ritchie & Alejandro Gonzalez Inarritu Collaborating on 'The Hire' Internet Film Series WOODCLIFF LAKE, N.J. and LOS ANGELES, April 26 An unprecedented Internet film series featuring an A-list roster of Hollywood heavyweights debuts on bmwfilms.com today. Dub ... Continue reading
Intershop Enfinity(TM) Drives TRW's Automotive Aftermarket E-Business
Leading Car Component Supplier Uses Intershop Enfinity to Underpin E-Business Infrastructure SAN FRANCISCO, April 26 Intershop Communications, Inc. , a leading provider of e-business solutions, has been selected by TRW's automotive aftermarket business to take its sales and distribution channels online in eight Europea ... Continue reading
J.B. Hunt and Georgia-Pacific Renew Four Contracts for Dedicated Services
LOWELL, Ark.--April 26, 2001--J.B. Hunt Transport Services, Inc., one of the largest transportation logistics companies in North America, announces today the renewal of four dedicated contracts with long-time customer and packaging-industry leader Georgia-Pacific. The multi-year contracts continue J.B. Hunt's dedicated ... Continue reading
Kauffman Tire Launches Online Store
NORCROSS, Ga.--April 26, 2001-- BravePoint, e-Business Expert, Helps Treadepot.com Achieve e-Goals Kauffman Tire and BravePoint, a leading provider of e-business and enterprise solutions, today announced the grand opening of the new-and-improved Treadepot.com, Kauffman's online tire and wheel store. The two Atlanta-bas ... Continue reading
STOCKHOLM, Sweden, April 26 Autoliv -- the worldwide leader in automotive safety systems -- has appointed Hans-Goeran Patring, 51, Deputy Vice President, Human Resources to become Vice President of that function when the current VP of Human Resources Claes Humbla retires in January next year. Currently, Mr. Patring is ... Continue reading
RubberNetwork.com, LLC Announces a Ninth Member, Hankook Tire Co., Ltd.
ATLANTA, April 26 RubberNetwork.com, LLC, a global electronic purchasing and procurement marketplace created by six leading companies in the tire and rubber industry, announced the addition of the ninth major tire company to the marketplace. Hankook Tire Co., Ltd., of Korea has become a member of RubberNetwork.com, LLC ... Continue reading
The Cobalt Group Announces Major Enhancement to Online Vehicle Inventory Tool for Auto Dealers
SEATTLE--April 26, 2001-- Stock photo library enhances locate-to-order capabilities, making it easier for dealers to sell vehicles on the Internet The Cobalt Group is helping auto dealers offer a complete suite of locate-to-order (LTO) capabilities on their Web sites with a major enhancement to its AutoShow inventory m ... Continue reading
The Haartz Corp. Acquires Rode & Schwalenberg GmbH of Germany
ACTON, Mass., April 26 To further strengthen The Haartz Corp.'s position as the leading supplier of automotive convertible topping worldwide, the company announced today that it has acquired Rode & Schwalenberg GmbH of Mannheim, Germany, including Rode & Schwalenberg Inc. of Dover, N.H. The announcement was made by Wil ... Continue reading
The Honorable Alexis M. Herman Named to Cummins Board of Directors
Asset Caption: Today, April 26, Cummins Inc. announced the election of the Honorable Alexis Herman to the board of directors. Asset Caption: Web ready logo Asset Caption: Press releaseAsset Description: Word document Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home ... Continue reading
The Peabody Orlando Ducks Welcome Hertz Rent-A-Car With the Red Carpet Treatment
ORLANDO, Fla.--April 26, 2001--The Peabody Orlando Ducks have rolled out their red carpet to welcome The Hertz Corporation, the world's largest car rental company, to their hotel. As part of The Hertz Corporation's expansion of its off-airport car rental locations, it has just moved into the "finest hotel in Orlando," ... Continue reading
The Pittston Company Reports First Quarter Results
RICHMOND, Va.--April 26, 2001--The Pittston Company reported income from continuing operations of $8.7 million ($0.17 per diluted share) for the first quarter ended March 31, 2001 on revenue of $908 million. For the same period a year earlier, income from continuing operations was $14.4 million ($0.29 per diluted share ... Continue reading
SAN ANTONIO--April 26, 2001--Ultramar Diamond Shamrock Corp. today reported record net income for the first quarter 2001 of $136.7 million or $1.77 per basic share. For the same period last year the company reported net income of $69.1 million or $0.80 per basic share. This is the fifth consecutive quarter that UDS has ... Continue reading
UQM Technologies Announces Promotion Of Richard L. Hugen To Vice President, Marketing And Sales
GOLDEN, Colo., April 26 UQM Technologies, Inc. (Amex: UQM), a developer of alternative energy technologies, announced today that Richard L. Hugen has been promoted to Vice President, Marketing and Sales. Mr. Hugen has served as Director of Marketing and Sales since joining the Company in April, 2000 with responsibility ... Continue reading
ADVISORY/The Peabody Orlando Ducks Welcome Hertz Rent-a-Car With the Red Carpet Treatment
-- The Peabody Orlando Ducks have rolled out their red carpet to welcome The Hertz Corporation, the world's largest car rental company, to their hotel. As part of The Hertz Corporation's expansion of its off-airport car rental locations, it has just moved into the "finest hotel in Orlando," The Peabody Orlando. You can ... Continue reading
BASF First Quarter Results On the Internet Today, Thursday, April 26, 2001
--BASF MEDIA ALERT BASF announced its first quarter results at its annual shareholder meeting this morning in Mannheim, Germany. The following information is available to the public on the Internet: - Interim report: www.basf.de/Interimreport - Press release: www.basf.de/Pressrelease - Dr. Jurgen F. Strube, Speech: www ... Continue reading
WTA Announces Letter of Intent With National Football League Retired Players Foundation
SANTEE, Calif.--April 26, 2001--World Transport Authority, Inc. (OTCBB:WTAI) (Frankfurt:920943) (WTA) announced today that it has entered into a letter of intent with the National Football League Retired Players Foundation (NFLRPF). The letter concerns a proposed License Agreement between the two parties, under which t ... Continue reading
The Cobalt Group Announces Major Enhancement to Online Vehicle Inventory Tool for Auto Dealers
SEATTLE--April 26, 2001-- Stock photo library enhances locate-to-order capabilities, making it easier for dealers to sell vehicles on the Internet The Cobalt Group is helping auto dealers offer a complete suite of locate-to-order (LTO) capabilities on their Web sites with a major enhancement to its AutoShow inventory m ... Continue reading
BorgWarner Announces First Quarter Results
BorgWarner Inc. reported that it earned $.80 per share on sales of $606.8 million in the 2001 first quarter. Results were affected by severely reduced and erratic North American vehicle production, delayed launches of key customer programs and weak European and Asian currencies. Despite a $20 million decline in income ... Continue reading
Hays Announces Aluminum Flywheel for GM
An aluminum flywheel for the GM 5.7L V8 LS-1 engine is now available from Hays. This 15 lb. lightweight flywheel is manufactured from 7075 T-6 forged billet aluminum that will not break up under the stress of high RPM and severe punishment of racing, and features a replaceable steel heat shield friction surface. Neutra ... Continue reading
Ford Ohio Assembly Plant Wins Shingo Prize for Lean Manufacturing
Ford Motor Company has reached a milestone in lean manufacturing with the awarding of the 2001 Shingo Prize to its Ohio Assembly Plant. The plant is the first North American automotive assembly facility to win the coveted manufacturing award. In addition to Ohio Assembly, two of Ford's engine plants have been honored f ... Continue reading
Mitsubishi's Montero Sport Comes Loaded With Fun
Once again Mitsubishi Motor Sales of America, Inc. is demonstrating the spirit of its brand theme "wake up and drive(TM)" by being the first to offer an SUV with a high performance mountain bike compacted neatly inside the cargo area -- leaving plenty of room on the roof for other active lifestyle gear. Mitsubishi Moto ... Continue reading
Gas Prices Will Continue to Rise
TOPIC: Experts predict gas prices, which rose about 15 percent in the last month, will remain high throughout the summer, according to a story by the New York Times. Those experts also predict that soaring gas prices will hit customers even harder this year than last due to the slowing economy. According to the story, ... Continue reading
Sonic Automotive Outperforms Competitors In Barron's 500 Rankings
Sonic Automotive, Inc. announced it was named to the 47th position of the Barron's 500, a unique measurement of how companies have performed for investors. Sonic outperformed OEMs, parts manufactures and other automotive retailers in this exclusive ranking which measures relative stock and cash flow returns on investme ... Continue reading
MTS Reports Continued Operating Improvements
MTS Systems Corporation today reported net income of $3.5 million, or $0.17 per share, for the second quarter ended March 31, 2001, compared to $1.4 million, or $0.07 per share, in the prior year. Second quarter 2001 revenue was $97.9 million, compared to $95.3 million in the prior year. Revenue and net income for the ... Continue reading
Thermadyne Announces Waiver of Covenants
Thermadyne Holdings Corporation announced that it has entered into an amendment to its credit agreement with its banking institutions. The amended credit agreement calls, in part, for Thermadyne's banking institutions to waive the requirements under certain financial covenants for the period from March 31, 2001 through ... Continue reading
Viasystems Group, Inc. Reports First Quarter 2001 Earnings
Viasystems Group, Inc. announced that the company's earnings, adjusted for goodwill amortization ("EBG"), from ongoing operations for the quarter ended March 31, 2001, totaled $4.2 million, or $0.03 per fully diluted share. Revenue for the quarter was $389.2 million, an increase of 35% from the $288.9 million achieved ... Continue reading
Drew Announces First Quarter Results
Drew Industries Incorporated reported net sales of $58.9 million in the first quarter of 2001, a decrease of 21 percent from sales of $74.7 million in 2000. Net income for the quarter decreased 69 percent to $.9 million, while earnings per share decreased 64 percent to $.09. The first and fourth quarters are typically ... Continue reading
Bandag Announces First Quarter 2001 Results
Bandag, Incorporated announced consolidated net earnings of $2.3 million, or $0.11 per diluted share, for the quarter ended March 31, 2001, a decline of 77 percent compared to first quarter 2000 net earnings of $10.0 million, or $.48 per diluted share. Consolidated net sales for the first quarter 2001 were $209.2 milli ... Continue reading
Etchells & Epler Look to Keep a Full Head of Steam in Bristol
(Note: The following is also attached in text format for your convenience.) Contact: Jon G. Knapp Phone: (704) 662-3121 Fax: (704) 662-3021 ETCHELLS & EPLER LOOK TO KEEP A FULL HEAD OF STEAM IN BRISTOL Putnam, Conn., April 25, 2001 - In many ways, the Etchells Racing team's 2001 NHRA Winston Drag Racing season can be l ... Continue reading
NASCAR Trucks: Cook, Keselowski combination proves to be formidable
April 26, 2001 INDIANAPOLIS, IN--During the early 1980’s there were several big-name rivalries in motorsports. NASCAR had Bobby Allison and Darrell Waltrip slugging it out weekly for wins and season championships. In Indy cars, Rick Mears and Gordon Johncock were the major threats to win 500-mile races and series ... Continue reading
NASCAR WCUP: Wallace Fastest at Two-Day Test at Sears Point Raceway
April 26, 2001 SONOMA, Calif. - Rusty Wallace was the fastest driver during a two-day test session at Sears Point Raceway as track officials opened up the modified Chute for the first time. Wallace, a two-time winner at Sears Point Raceway in 1990 and 1996, turned the 10-turn, 2-mile road course in 1 minute, 17.31 seco ... Continue reading
Chemical Strategies Partnership - Calendar Announcement
SAN FRANCISCO, April 25 WORKSHOP: Chemical Management Services: A Strategic Alliance to Optimize the Enterprise. The non-profit Chemical Strategies Partnership (CSP) and CMS Forum are hosting a one-day workshop about chemical management services (CMS). Manufacturing companies and their service providers will share resu ... Continue reading
Textron Declares Quarterly Dividend
PROVIDENCE, R.I.--April 25, 2001--Textron's Board of Directors today declared a quarterly dividend of thirty-two and a half cents (32.5(cent)) per share on the company's Common Stock. The Board of Directors also declared a quarterly dividend of fifty-two cents (52(cent)) per share on Textron's $2.08 Cumulative Converti ... Continue reading
TRW Declares Quarterly Dividend
CLEVELAND--April 25, 2001--Directors of TRW Inc. today declared a quarterly dividend of 35 cents per share on the company's outstanding common stock. The directors also declared regular quarterly dividends of $1.100 per share on the Serial Preference Stock II (Series 1) and $1.125 per share on the Serial Preference Sto ... Continue reading
ACUNIA Receives Frost & Sullivan Entrepreneurial Company Award for Automotive Telematics Market
ACUNIA Receives Frost & Sullivan Entrepreneurial Company Award for Automotive Telematics Market Frost & Sullivan announces ACUNIA is a recipient of the prestigious 2001 Entrepreneurial Company Award for its unique third-generation product solution for the global telematics market. ACUNIA pioneered the synergistic conce ... Continue reading
ADVISORY/Florida Plastics Employees Complete Innovative Training
-- Program Details: Across Florida, more than 300 employees, representing more than 40 companies, are completing an innovative training program presented by the Society of the Plastics Industry (SPI), in cooperation with Enterprise Florida, Inc. and Workforce Florida, Inc. Employees are training for National Certificat ... Continue reading
-- WHAT: For news-media crews who could not attend the 10 a.m., April 25 introduction or those who would like to report during live newscasts, the Monrovia Police Department is offering additional "ride-along" opportunities throughout the day for a new, high-tech traffic-signal warning system designed to protect motori ... Continue reading
ADVISORY/The Fairmont Hotel Hosts Display of Vintage Cars Spanning the 20th Century
-- Landmark Hotel Hosts Elegant Street Party to Showcase Rare Sports Cars of the California Mille and Nearly 100 Classic Luxury Cars from the Local Community; Unique Display of Cars Open Free to Public WHAT: The public can preview one of the nation's most spectacular displays of vintage sports cars at "Nob Hill Toasts ... Continue reading
ArvinMeritor to Relocate Aftermarket Operations from Pulaski, Tenn.
TROY, Mich., April 25 ArvinMeritor, Inc. today announced its decision to relocate its light vehicle aftermarket operations from Pulaski, Tenn. The company cited weakened conditions in the light vehicle aftermarket segment and a necessity to maximize cost synergies as the reason for the moving. The Light Vehicle Systems ... Continue reading
Automotive Supplier ZF Friedrichshafen AG Names Dr. Siegfried Goll CEO
FRIEDRICHSHAFEN, Germany, April 25 ZF Friedrichshafen AG (ZF) appointed Dr. Siegfried Goll its new Chief Executive Officer at a meeting of the Supervisory Board held April 24. Effective July 1, 2001 he will succeed Dr. Klaus Bleyer, who announced his retirement on April 19. Dr. ... Continue reading
Auto Supplier ZF Friedrichshafen AG Announces Financials For 2000 and First Quarter 2001
FRIEDRICHSHAFEN, Germany, April 25 ZF Friedrichshafen AG (ZF), the world's largest independent supplier of transmission and chassis technology, reported continued growth during 2000 and the first quarter of 2001. ZF announced that total worldwide sales had increased by 23 percent to $7 billion worldwide and that the co ... Continue reading
Autoweb Reports First Quarter Results
SANTA CLARA, Calif., April 25 Autoweb.com , a leading consumer automotive Internet service, today announced financial results for the first quarter ended March 31, 2001. Net revenues for the first quarter of 2001 were $10.1 million, compared to $15.8 million for the first quarter of 2000 and $9.8 million for the fourth ... Continue reading
NEW YORK--April 25, 2001--Brilliance China Automotive Holdings Limited (the "Company") announced today its results for the year ended December 31, 2000 and its Board's recommendation for a cash dividend payment. Consolidated net sales of the Company and its operating subsidiaries, Shenyang JinBei Passenger Vehicle Manu ... Continue reading
CoorsTek First Quarter Revenue Grows 21 Percent to $145.7 Million
GOLDEN, Colo., April 25 CoorsTek, Inc. , a leading designer and manufacturer of critical components and integrated assemblies for the semiconductor capital equipment industry and other high tech applications, reported first quarter 2001 revenue of $145.7 million, 20.6 percent greater than the prior year's first quarter ... Continue reading
SANTA MONICA, Calif., April 23 Edmunds.com (http://www.edmunds.com), the Web's leading consumer resource for unbiased automotive information, today announces the launch of Used Vehicle PowerShopper, a free consumer service that simplifies and aggregates the various transaction options in the used vehicle marketplace, m ... Continue reading
Electrosource Inc. Receives Delisting Notice and Requests Nasdaq Hearing
SAN MARCOS, Texas--April 25, 2001--Electrosource, Inc. ("the Company") today announced that it has requested a hearing with The Nasdaq Stock Market regarding the Company's late filing of Form 10-K to the Securities and Exchange Commission. The Company received a letter April 19, 2001 informing the Company that it would ... Continue reading
Fans Invited To Variety of Special Sunday Attractions at Irwindale ...
WITH CORRECT DATES SUNDAYS AT THE SPEEDWAY Fans Invited To Variety of Special Sunday Attractions at Irwindale Irwindale, Calif. - - Yeah … Saturday night's all right for racin', but, just look what's happening on some upcoming Sundays at Irwindale Speedway this season: SUNDAY, APRIL 22, 2001: Red 5 Adventures present ... Continue reading
Harman International Industries, Inc. Reports Third Quarter Earnings
WASHINGTON--April 25, 2001--Harman International today announced results for the third quarter and the nine months ended March 31, 2001. Net sales for the quarter were $435.7 million, a 3 percent increase compared to last year's net sales of $423.9 million. Exclusive of currency effects, net sales rose 7 percent. The c ... Continue reading
Houston Ride For Kids raises record $173K!
The Ride for Kids charitable program made its second stop this year in southeast Texas where over 850 motorcyclists raised a record $173,486 on Sunday April 22. Following behind police motorcycles and squad cars on their triumphant journey through the wildflower-laden Texas countryside, the riders enjoyed a day of exci ... Continue reading
James F. "Pat" O'Crowley III Elected New President and CEO of Standard Automotive Corporation
NEW YORK--April 23, 2001--The Board of Directors of Standard Automotive Corporation (AMEX: AJX) has elected James F. "Pat" O'Crowley III to become the new President and CEO of the Company. Mr. O'Crowley replaces Steven Merker who retains the title of Chairman. Before joining Standard Automotive, Mr. O'Crowley was execu ... Continue reading
SatCon Pulls Follow-on Offering
CAMBRIDGE, Mass.--April 25, 2001--SatCon Technology Corporation(R) today announced that it would not proceed with a proposed follow-on public stock offering at this time, in light of recent market volatility and current market conditions. The company filed an amendment to the registration statement it initially filed w ... Continue reading
SDRC's I-DEAS to Feature New User Interface
CINCINNATI--April 25, 2001--SDRC -- Highly flexible user interface features compatibility with the Microsoft Windows(R) 2000 and Windows(R) NT operating systems; extends I-DEAS reach into midrange CAD market -- CINCINNATI, OH--April 25, 2001--SDRC today announced a new user interface for its award-winning I-DEAS(R) mec ... Continue reading
Sears Names Vanity Fair Intimates, LP as a Partner in Progress
ALPHARETTA, Ga.--April 25, 2001--Vanity Fair Intimates, LP has been named as a Sears Partner in Progress for 2000. Additionally, Vanity Fair was awarded Vendor of the Year for Softlines. Ellen Rohde, president of Vanity Fair Intimates, accepted the Vendor of the Year award on April 10 at an event hosted by Sears Chairm ... Continue reading
This Sunday's MotoCiter.com Pro-Am Motorcycles at Amelia Motor Raceway, Amelia, Virginia
The countdown is on to the... MotoCiter.com Pro-Am Motorcycle Race This event was rescheduled (due to rain) for Sunday, April 29th at Amelia Motor Raceway, the day after Colonial Downs hosts the National Dirt Track Series race on Saturday, April 28 (www.colonialdowns.com) in New Kent, Virginia (approximately 90 minutes ... Continue reading
Toyota Financial Services Finances Over $100 Billion In Retail and Lease Contracts
TORRANCE, Calif., April 25 This month, Toyota Financial Services (TFS) surpassed the $100 billion mark for the financing of automotive-related retail and lease contracts. Since opening its doors in 1983, TFS has grown from a small company with eight associates to become the third largest captive finance company, and th ... Continue reading
United PanAm Financial Announces First Quarter 2001 Results; New CFO Appointed
NEWPORT BEACH, Calif.--April 25, 2001--United PanAm Financial Corp. today announced results for its first quarter ended March 31, 2001. For the quarter, the company reported net income of $1.5 million, or $ 0.10 per diluted share, compared with net income of $1.0 million, or $0.06 per diluted share, for the same period ... Continue reading
WFS Financial Announces Terms of Rights Offering
IRVINE, Calif.--April 25, 2001--WFS Financial Inc today announced that the Board of Directors has approved the price for the previously announced rights offering of $18.25 per share. Holders of record of common stock as of the close of business on April 30, 2001 will receive one basic subscription right, at no cost to ... Continue reading
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