AMI Semiconductor Files Initial Public Offering Registration Statement
POCATELLO, Idaho--Aug. 15, 2003--AMIS Holdings, Inc., parent company of AMI Semiconductor, Inc. (AMIS), announced today that it has filed a registration statement with the Securities and Exchange Commission (SEC) for the proposed initial public offering of its common stock. Credit Suisse First Boston, Goldman, Sachs & ... Continue reading
Bay View Completes Securitization of $193 Million of Automobile Receivables
SAN MATEO, Calif., Aug. 15 -- Bay View Capital Corporation announced today that its auto finance company, Bay View Acceptance Corporation ("BVAC"), closed a $193 million automobile receivable asset-backed securities offering on August 14, 2003. The securities are insured by Financial Security Assurance, Inc. and are AA ... Continue reading
Champion Parts Reports Higher Second Quarter and Six Months Profits
Strong Demand for Air Conditioning Compressor and Marine Product Lines And Plant Efficiencies Contribute to Increased Profitability HOPE, Ark., Aug. 15 -- Champion Parts, Inc. (BULLETIN BOARD: CREB) today reported higher net income for the second quarter ended June 29, 2003 of $613,000, or $0.17 per share, compared to ... Continue reading
CHICAGO, Aug. 15 -- Representatives of four members of Congress and nearly a dozen manufacturing trade associations will be present when the Central States Chapter of the Metals Service Center Institute conducts its Town Hall Meeting on Manufacturing on August 21. "We have seen around the country that there is tremendo ... Continue reading
AAA Texas: Weekend Gas Watch; Retail Gas Prices Increase
HOUSTON--Aug. 15, 2003--Retail gasoline prices in Texas increased this week, according to the Weekend Gas Watch, compiled by AAA Texas. The statewide average price for a gallon of regular self-serve is $1.49 - up three pennies since a week ago. A year ago, a gallon of gas in Texas cost $1.32. The Austin-San Marcos area ... Continue reading
AMERCO Announces Approval of DIP Financing Agreement With Key Creditor Groups
RENO, Nev., Aug. 15 -- AMERCO announced today that the United States Bankruptcy Court has approved AMERCO's $300 million debtor-in-possession (DIP) financing facility with Wells Fargo Foothill. As previously announced, Wells Fargo foothill has also provided the Company with a commitment for $650 million in exit financi ... Continue reading
Collins & Aikman Announces Second Quarter EPS of 13 Cents
Reduces Net Debt by $54 Million Sets Restructuring Actions to Improve Results Announces Audit Committee Inquiry TROY, Mich., Aug. 15 -- Collins & Aikman Corporation (C&A) today reported second quarter and year-to-date results for the six months ended June 30, 2003. For the second quarter 2003, the company reported earn ... Continue reading
MILFORD, Iowa--Aug. 15, 2003--Cycle Country Accessories Corp. (AMEX:ATC), the outright leader in developing and manufacturing certain custom-fitting accessories for the all-terrain vehicle (ATV), is pleased to report third quarter revenues of $3,085,955 for the three-month period ended June 30, 2003. This represents a ... Continue reading
NEW YORK--Aug. 15, 2003-- The Company Will Proceed with Its Previously Announced Spin-off; GP Strategies Reports Results for the Quarter Ended June 30, 2003; U.S. Government Accounts for Approximately 40% of General Physics Revenue GP Strategies Corporation , a leader in workforce development and technical training, to ... Continue reading
Infinity Property & Casualty Corporation Clarifies Ownership Report Filings
BIRMINGHAM, Ala., Aug. 15 -- Infinity Property and Casualty Corporation today clarified that recent ownership reports filed with respect to dispositions of Infinity common stock relate to 12,378,000 and 118,618 shares sold by American Financial Group (AFG) in the initial public offering in February 2003 and do not indi ... Continue reading
R&B, Inc. Announces New Senior Vice President of Operations
COLMAR, Pa., Aug. 15 -- R&B, Inc., today announced the appointment of Fred V. Frigo to the position of Senior Vice President - Operations, on September 1, 2003. Mr. Frigo joined R&B in 1997 as Director of Operations and has been instrumental in building operational capabilities throughout our entire supply chain. He ha ... Continue reading
TIERRA VERDE, Fla.--Aug. 15, 2003--SeaView Video Technology, Inc. (OTCBB:SEVU), the leader in powerline communication products, reported results for the quarter ending June 30, 2003. The Company reported $275,364 in sales for the 2nd quarter of 2003 versus $154,959 for the 2nd quarter of 2002 which represents a 77.7% s ... Continue reading
Thermodynetics Reports a Continuation of Solid Business Levels
WINDSOR, Conn.--Aug. 15, 2003--Thermodynetics, Inc. (OTCBB:TDYN), announced that net sales for the three months ended June 30, 2003 and 2002 totaled $3.0 million. This year's first quarter sales continued the seasonal trend of recent years where certain markets (led by residential water source heat pump applications) h ... Continue reading
Stronghold Technologies Reports Second Quarter 2003 Financial Results
BERNARDSVILLE, N.J.--Aug. 15, 2003-- Sales Force Adjustments Gaining Traction Completed $2.2 Million Fund Raising Converted $543,000 in Debt to Equity and Restructured Bank Debt Stronghold Technologies, Inc. (OTCBB:SGHT), the developer of DealerAdvance(TM), an enterprise software system leveraging wireless technologies ... Continue reading
TIJUANA, Baja California, 15 de agosto /PR Newswire/ -- Toyota anunció hoy una expansión de su fábrica de camionetas, actualmente en proceso de construcción en México. La compañía agregará 10.000 unidades de capacidad de fabricación de las Tacoma, 240 empleos, y comenzará la producción seis meses antes de la ... Continue reading
Latest Recalls From NHTSA as of August 15, 2003
New Information Added Since : August 5, 2003 Make : KENWORTH Model : T300 Year : 2003 NHTSA CAMPAIGN ID Number : 03V288000 Recall Date : AUG 06, 2003 Component: POWER TRAIN:AXLE HUBS Potential Number Of Units Affected : 132 Summary: ON CERTAIN HEAVY DUTY TRUCKS, THE LOCKING TAB THAT LOCKS THE OUTER SPINDLE NUT ONTO THE ... Continue reading
Toyota Motor Co. Recalling 2004 Sienna Minivans Because Fuel Tank Is Prone to Damage
WASHINGTON August 15, 2003; The AP reported that Toyota is recalling 34,437 Sienna minivans because the fuel tank is prone to damage and could cause a fire, the National Highway Traffic Safety Administration said Friday. The recall covers minivans from the 2004 model year that were sold to the public starting in Januar ... Continue reading
Motorcar Parts & Accessories Announces First Quarter Results
TORRANCE, Calif.--Aug. 15, 2003--Motorcar Parts & Accessories, Inc. (Internet billboard: MPAA) is pleased to announce its operating results for the quarter ended June 30, 2003, the first quarter of its 2004 fiscal year. Net income for the quarter was $680,000 or $0.08 per share versus $1,971,000 or $0.25 per share for ... Continue reading
WARRENVILLE, Ill.--Aug. 15, 2003-- Cost Reduction Remains On Target With Solid Profit Forecast For 2004; Substantial Pickup In July Industry Medium Truck Orders As it previously forecast, Navistar International Corporation , the nation's largest combined commercial truck, school bus and mid-range diesel engine producer ... Continue reading
Volvo's Golden Anniversary Rally: San Francisco, August 24
SAN FRANCISCO--Aug. 15, 2003--Volvo Cars of North America will celebrate 50-years of wagon design and engineering with a Golden Anniversary Rally in San Francisco, August 24. Please join Volvo management and the Volvo Club of America, Golden Gate Chapter for an exclusive drive across the Golden Gate Bridge, followed by ... Continue reading
The Major Automotive Companies Reports First Half Results
LONG ISLAND CITY, N.Y.--Aug. 15, 2003--The Major Automotive Companies, Inc. today reported its results for the first half of 2003. Revenues for the first six months of the year ended June 30, 2003 declined to $190,018,727 from $194,877,356 for the comparable 2002 period. Gross profits for the first half of 2003 decreas ... Continue reading
Washington State Motorsports Dealers Association Appoints Board Members
SEATTLE, Aug. 15 -- The Washington State Motorsports Dealers Association today announced the roster of its first official board of directors. They are Carol Snyder, owner of Spokane Yamaha in Spokane; Craig Southey, general manager of Smokey Point Cycle Barn in Arlington; Vicki Gray, owner of South Sound Honda in Olymp ... Continue reading
Champion Parts Reports Higher Second Quarter and Six Months Profits
Strong Demand for Air Conditioning Compressor and Marine Product Lines And Plant Efficiencies Contribute to Increased Profitability HOPE, Ark., Aug. 15 -- Champion Parts, Inc. (BULLETIN BOARD: CREB) today reported higher net income for the second quarter ended June 29, 2003 of $613,000, or $0.17 per share, compared to ... Continue reading
Special AAA Gas Survey Finds Only 9 Percent of Metro Detroit Stations Pumping Gas
DEARBORN, Mich., Aug. 15 -- In a special Fuel Gauge telephone survey this morning of 54 gasoline stations in the Metro Detroit area, AAA Michigan found only five able to pump gas due to the power outage areas in Southeast Michigan. Thirteen stations are open to sell candy, snacks and other products and 36 are closed. T ... Continue reading
Lexus Announces Prices on Six 2004 Models
TORRANCE, Calif., Aug. 15 -- Lexus announced manufacturer's suggested retail prices (MSRP) today for several 2004 models. The LX 470 full-size luxury utility vehicle is enhanced for 2004 with the addition of a rear backup camera system and new wireless technology. The rear backup camera, integrated with the standard DV ... Continue reading
Toyota Announces Second Expansion of Baja California Plant
Mexico President Vicente Fox attends press conference TIJUANA, Baja California, Aug. 15 -- Toyota today announced an expansion of its pickup truck plant currently under construction in Mexico. The company will add 10,000 units of Tacoma capacity, 240 jobs, and will begin production six months earlier than previously an ... Continue reading
Blackout Blacks Out New York - Times Square Really Is
NEW YORK, Aug 15, 2003; Dan Burns writing for Reuters reported that on New York City's darkest night in more than a quarter century, thousands of residents, stranded suburban commuters and tourists set up camp wherever they could early Friday in a desperate attempt to catch some shut-eye. After the biggest power outage ... Continue reading
Auto Factories Fueled By Electricity - Industry Out Of Gas and Stopped
DETROIT August 15, 2003; Justin Hyde writing for Reuters reported that the heart of North America's automotive industry was shut down Thursday evening by cascading power outages that struck the northeastern United States and southern Canada. Officials in southeastern Michigan said late Thursday evening that power was r ... Continue reading
Auto Club: So Cal Gas Prices Jump as Summer Nears End
LOS ANGELES--Aug. 15, 2003--Gasoline prices in Southern California and the Southwest have jumped after a seven-week downward trend, according to the Automobile Club of Southern California's Weekend Gas Watch. Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.7 ... Continue reading
KleenAir Announces Significant Revenue Increase
IRVINE, Calif.--Aug. 15, 2003--KleenAir Systems Inc. (OTCBB:KAIR), in filing its second quarter 10QSB has revealed an increase in first half revenue as compared with the same period last year. While still modest at $238,000 gross revenue for the 6 month period, this compares to $25,000 for the same period in 2002 and a ... Continue reading
August 14, 2003; John Turrettini writing for Forbes reportesd that by this fall a single factory in southern Austria will be churning out Saab convertibles, BMW sport utility vehicles and Mercedes-Benz station wagons. No, those carmakers haven't merged into some crazy-quilt behemoth. The owner of the factory: Magna Int ... Continue reading
Dana Sues Competitor Over Confidentiality
TOLEDO, Ohio August 14, 2003; The AP reported that auto parts maker Dana Corp. sued competitor ArvinMeritor Inc. on Thursday, accusing it of using sensitive information to launch a hostile takeover. The lawsuit asks a judge to stop ArvinMeritor from pursuing a takeover of Toledo-based Dana because confidential informat ... Continue reading
Excelsior-Henderson Motorcycles Founder Publishes Book On Rise and Fall Of Dream Company
ST.PAUL, Minn., Aug. 14 -- One person's dream may not come true, but pursuit of that dream is filled with truths other dreamers can go to school on. That's why Dan Hanlon's book, tracing the rise and fall of Excelsior-Henderson Motorcycles is a valuable guide for anyone attempting to turn a dream into a business. RIDIN ... Continue reading
GEICO Updates Spanish-Language Web Site With Safe Driving Tips and Information
Website Supports PSA Type Campaign to Help Fight High Fatality Rates Among Hispanics WASHINGTON, Aug. 14 -- Today GEICO announced the availability of new and helpful safety information on its Spanish-language Web site, as part of an ongoing campaign to help reduce the frequency of driving accidents in the Hispanic comm ... Continue reading
INDIANAPOLIS--Aug. 14, 2003--Race Car Simulators, Inc., a subsidiary of Interactive Motorsports and Entertainment Corporation (OTCBB Symbol: IMTS), and international amusement industry veteran, Alain Baldacci, have signed an agreement to develop markets around the world for the Indianapolis-based company's new generati ... Continue reading
ABRA's Becker Named I-CAR Instructor of the Year
MINNEAPOLIS--Aug. 14, 2003--ABRA Auto Body & Glass, a national damaged vehicle repair company, announced today that Mitch Becker was named I-CAR's North Central Regional Instructor of the Year. The award was presented at the I-CAR International Annual Meeting, where Becker was one of several I-CAR certified instructors ... Continue reading
ANAHEIM, Calif., Aug. 14 -- GoLo Entertainment, Inc. and Lowrider Magazine, part of PRIMEDIA's Automotive Enthusiast and Action Sports Group, present the Lowrider Legends Tour 2003. This stop of a nationwide Tour featuring the nation's most unique customized vehicles takes place at the Cow Palace in San Francisco (Gene ... Continue reading
ChevronTexaco Recovers Rights to Market Havoline Brand Worldwide
SAN RAMON, Calif., Aug. 14 -- ChevronTexaco Global Lubricants (CTGL), a preeminent provider of lubricants, coolants, and lubricant solutions, today announced that it has gained the rights to control the use of the Havoline and Texaco Xpress Lube(R) brands worldwide. Texaco Xpress Lube outlets feature Havoline products ... Continue reading
Diamond Triumph Auto Glass, Inc. Announces Second Quarter 2003 Results
KINGSTON, Pa., Aug. 14 -- Diamond Triumph Auto Glass, Inc. announced today that net sales for the six months ended June 30, 2003 increased $11.3 million, or 11.0%, to $113.9 million as compared to $102.6 million for the six months ended June 30, 2002. Net sales for the second quarter ended June 30, 2003 increased $5.4 ... Continue reading
Rexhall Industries Announces Second Quarter Results
LANCASTER, Calif.--Aug. 14, 2003--Rexhall Industries, Inc. today reported its financial results for its second quarter ended June 30, 2003. Net revenues for the second quarter decreased 49% to $9,642,000 from $18,964,000 for the same period in 2002. Gross profit for the second quarter was $1,259,000 versus $2,354,000 l ... Continue reading
Advance Auto Parts Announces Senior Executive Promotions
ROANOKE, Va., Aug. 14 -- To lead the continued growth of Advance Auto Parts, Inc. , the nation's second largest retailer of automotive parts, four senior executive promotions were announced today by Larry Castellani, Chairman and Chief Executive Officer. Jim Wade, President, has been assigned the responsibility for the ... Continue reading
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