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August 1998

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Wednesday, August 12, 1998

AimRite Holdings Secures Capitalization for Ride Control Software

AimRite Holdings Secures Capitalization for Ride Control Software

AimRite Holdings Corporation is pleased to announce that it has secured sufficient capitalization commitments to cover first year production of its revolutionary production COAST Suspension Control System. ... Continue reading

AlliedSignal Files Preliminary SEC Materials for Changes to AMP Board

AlliedSignal Files Preliminary SEC Materials for Changes to AMP Board

AlliedSignal Inc. announced it is filing preliminary materials with the Securities and Exchange Commission for its consent solicitation of the shareowners of AMP Incorporated. ... Continue reading

APCO Announces Exclusive Marketing Relationship With Simoniz

APCO Announces Exclusive Marketing Relationship With Simoniz

Automobile Protection Corporation announced today that it has entered into an exclusive marketing relationship with Simoniz(R) USA, Inc. ... Continue reading

ATLANTIC: MCI Teammates Perform Well at Mid-Ohio

ATLANTIC: MCI Teammates Perform Well at Mid-Ohio

ATLANTIC: MCI Teammates Perform Well at Mid-Ohio ... Continue reading

Auto Choice Savings Overstated, Actuaries Tell Congress

Auto Choice Savings Overstated, Actuaries Tell Congress

Legislation to create first-party personal protection coverage, currently under consideration as an alternative to traditional automobile insurance, may not reduce costs as much as hoped by its sponsors, says the American Academy of Actuaries ... Continue reading

AutoMate Inc. Partners with MicroStrategy as Systems Integrator

AutoMate Inc. Partners with MicroStrategy as Systems Integrator

AutoMate Incorporated, a leading New England developer of data warehouses and executive info systems for the automotive and consumer goods industries, announced that it has joined the MicroStrategy DSS Partners Program as a Systems Integrator. ... Continue reading

Baan Automotive Supports Manufacturing and Supply Chain Program

Baan Automotive Supports Manufacturing and Supply Chain Program

Baan Automotive announced its participation in an innovative corporate-university partnership to study the impact of new technology on manufacturing supply chains. ... Continue reading

CART: MCI Racing Team Finishes in the Points for Fifth Time

CART: MCI Racing Team Finishes in the Points for Fifth Time

CART: MCI Racing Team Finishes in the Points for Fifth Time ... Continue reading

Crime Fighter Dick Tracy Speaks for Quiet-Glide Garage Door Openers!

Crime Fighter Dick Tracy Speaks for Quiet-Glide Garage Door Openers!

Stanley/Whistler announced that it hired Dick Tracy to be the celebrity spokesperson for the company's new Quiet-Glide(TM) Series of garage door openers. ... Continue reading

Delphi Ready to Provide Leading Head Injury Protection Technology

Delphi Ready to Provide Leading Head Injury Protection Technology

Delphi Automotive Systems is ready today with a solution that will help vehicle manufacturers meet the U.S. Federal government's upper head injury protection requirements between now and 2002. ... Continue reading

Electric Vehicle Association on NY State Repeal of ZEV Mandate

Electric Vehicle Association on NY State Repeal of ZEV Mandate

The U.S. Court of Appeals Overturned the New York Ruling That 2 Percent of 1998-Model Vehicles Sold in New York Be Zero Emission Vehicles (ZEVs). Robert T.Hayden, executive director of the Electric Vehicle Association of the Americas, responds. ... Continue reading

Exide Corporation Announces Q1 Cash Dividend

Exide Corporation Announces Q1 Cash Dividend

Arthur M. Hawkins, Chairman, President and CEO of Exide Corporation, announced that the corporation has declared a cash dividend of $.02 (two cents) per share of common stock payable September 3, 1998, to shareholders of record on August 24, 1998. ... Continue reading

Fruehauf Trailer Corporation Announces Reorganization Plan

Fruehauf Trailer Corporation Announces Reorganization Plan

Chriss W. Street, Chairman, President and CEO of Fruehauf Trailer Corporation, announced the distribution of Fruehauf's Chapter 11 Plan of Reorganization and Disclosure Statement today. ... Continue reading

GenCorp Announces Expected Earnings for Q3 1998

GenCorp Announces Expected Earnings for Q3 1998

GenCorp reported that it expects earnings per share for the third quarter ending August 31, 1998 to decline approximately 5-10% versus $0.44 earnings per share from continuing operations reported for the third quarter of 1997. ... Continue reading

Gensym and Siemens Sign OEM Agreement

Gensym and Siemens Sign OEM Agreement

Gensym Corp. has signed an OEM agreement with Siemens Information Technology Services for Industrial Plants (Erlangen, Germany). As a result of the second quarter 1998 agreement, Siemens will use Gensym's G2(R) software ... Continue reading

IRL: Hard Work Puts Boat Back at Helm of Foyt's Car at Pikes Peak

IRL: Hard Work Puts Boat Back at Helm of Foyt's Car at Pikes Peak

IRL: Hard Work Puts Boat Back at Helm of Foyt's Car at Pikes Peak ... Continue reading

IRL: Pep Boys IRL Weekly Notebook

IRL: Pep Boys IRL Weekly Notebook

IRL: Pep Boys IRL Weekly Notebook ... Continue reading

Meritor to Open a New Assembly Facility

Meritor to Open a New Assembly Facility

Meritor Automotive, Inc. today announced that it will open a new assembly facility in Manning, South Carolina to better serve its Southeastern United States heavy vehicle OEM customers. ... Continue reading

Miller Industries Reports 1999 Fiscal Q1 Results

Miller Industries Reports 1999 Fiscal Q1 Results

Miller Industries, Inc. announced that its RoadOne subsidiary added 17 towing service companies during the first quarter of fiscal 1999 with annualized revenues totaling $17.2 million. ... Continue reading

Mobil Supplemental Benefits Trust Ends Sales of Mobil Common Shares

Mobil Supplemental Benefits Trust Ends Sales of Mobil Common Shares

Mobil Corp. announced Wednesday that a trust created to fund Mobil supplemental retirement benefit plans will make no further sales of shares of Mobil's common stock. ... Continue reading

NASCAR-BGNN: Penfold Moves up to Sixth in BNS Points

NASCAR-BGNN: Penfold Moves up to Sixth in BNS Points

NASCAR-BGNN: Penfold Moves up to Sixth in BNS Points ... Continue reading

NASCAR-BGN: Slim Jim and Team 34 Not to Renew for 1999

NASCAR-BGN: Slim Jim and Team 34 Not to Renew for 1999

NASCAR-BGN, BUSINESS: Slim Jim and Team 34 Not to Renew for 1999 ... Continue reading

NASCAR: Goodyear Tire Notes for the WC & BGN Events at Michigan Speedway

NASCAR: Goodyear Tire Notes for the WC & BGN Events at Michigan Speedway

NASCAR: Goodyear Tire Notes for the WC & BGN Events at Michigan Speedway ... Continue reading

NASCAR WCUP: Craven Resigns, Dallenbach to Drive Remainder of Season

NASCAR WCUP: Craven Resigns, Dallenbach to Drive Remainder of Season

NASCAR WCUP: Craven Resigns, Dallenbach to Drive Remainder of Season ... Continue reading

NASCAR WCUP: Michigan Is Where Park Learned He Could Race The Big Boys

NASCAR WCUP: Michigan Is Where Park Learned He Could Race The Big Boys

NASCAR WCUP: Michigan Is Where Park Learned He Could Race The Big Boys ... Continue reading

NASCAR-WCUP: Pressley Learns More About Road Course

NASCAR-WCUP: Pressley Learns More About Road Course

NASCAR-WCUP: Pressley Learns More About Road Course ... Continue reading

Netscape and Visteon Automotive Announce Strategic Alliance

Netscape and Visteon Automotive Announce Strategic Alliance

Netscape Communications Corporation and Visteon Automotive Systems today announced a strategic alliance to implement innovative new electronic commerce solutions for managing Visteon's customer and supply chain transactions. ... Continue reading

Noble International Announces Closing On European Offering

Noble International Announces Closing On European Offering

Noble International, Ltd. announced initial closings of a European offering of convertible subordinated debentures. The debentures have not been registered under the Securities Act of 1933 and will not be offered or sold in the United States. ... Continue reading

Noble International Terminates Letter of Intent With Vilo Systems

Noble International Terminates Letter of Intent With Vilo Systems

Noble International, Ltd. announced today that it has terminated its July 3, 1998 Letter of Intent to acquire Vilo Systems, Inc. ... Continue reading

Paying Homage to the Unsung Heroes of the Road

Paying Homage to the Unsung Heroes of the Road

The American Trucking Associations (ATA) has designated August 9-15 as Truck Driver Appreciation Week to recognize the three million men and women who deliver the goods that keep our country going and growing. This is one "behind-the-desk" employee's account of what it was like to be a truck driver for a week. ... Continue reading

PEAR Industries Introduces of New Resin

PEAR Industries Introduces of New Resin

Valdor Corporation announces that PEAR Industries(R), a wholly owned subsidiary has received commitments by many industry leaders in various market segments who recognize the enormous potential of PEAR's(TM) performance characteristics. ... Continue reading

RALLY: Colin McRae to Drive the New Ford Focus World Rally Car in 1999

RALLY: Colin McRae to Drive the New Ford Focus World Rally Car in 1999

RALLY: Colin McRae to Drive the New Ford Focus World Rally Car in 1999 ... Continue reading

Rexhall Industries Reports Second Quarter Results

Rexhall Industries Reports Second Quarter Results

Rexhall Industries Inc. reported second quarter results ended June 30, 1998. Revenues for the quarter increased to $18,380,000 an increase of 13.4% for the same quarter last year. ... Continue reading

Riviera Tool Company Ranked as Michigan's Ninth Best Performing Stock

Riviera Tool Company Ranked as Michigan's Ninth Best Performing Stock

Grand Rapids, Michigan-based Riviera Tool Company announced that the Company was reported as the ninth best performing stock in the state of Michigan between June 30, 1997 and June 30, 1998. ... Continue reading

Sears Point Noise Levels Violate County Regulations

Sears Point Noise Levels Violate County Regulations

Sears Point Raceway 'could be shut down under existing conditions for violations' of the noise element of Sonoma County's General Plan and its use permit revoked. ... Continue reading

S&P Affirms Textron Inc.'s A-/A-2 Rtgs

S&P Affirms Textron Inc.'s A-/A-2 Rtgs

Standard & Poor's today affirmed its single-'A'-minus/'A-2' corporate credit, triple-'B'-plus subordinated debt, single-'A'-minus senior unsecured, and 'A-2' commercial paper ratings on Textron Inc. The outlook is stable. ... Continue reading

Textron to Sell Avco Financial Services to The Associates

Textron to Sell Avco Financial Services to The Associates

Textron Inc. today announced it has reached an agreement to sell its Avco Financial Services unit to Dallas, TX-based Associates First Capital Corporation for $3.9 billion in cash. ... Continue reading

The Auto Channel Announces its First Annual Golden Tachometer Car of The Year Awards

The Auto Channel Announces its First Annual Golden Tachometer Car of The Year Awards

The Auto Channel has named twelve vehicles as winners of the Golden Tachometer Award. The Goldies are being presented to the cars and trucks that The Auto Channel believes were the best of the 1998 new model year. ... Continue reading

U.S. Report Says Weak Japanese Economy Undercuts Auto Agreement

U.S. Report Says Weak Japanese Economy Undercuts Auto Agreement

A U.S. government report released asserts that continuing U.S. market access concerns in the automotive sector have been overlaid by serious concerns about Japan's recession. ... Continue reading

Warrantech Retains KCSA Worldwide For Investor Relations

Warrantech Retains KCSA Worldwide For Investor Relations

Warrantech Corporation announced today that it has retained KCSA Worldwide of New York to support its investor and public relations efforts. ... Continue reading

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