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November 2003

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Friday, November 21, 2003

DaimlerChrysler Loses Bid to Dismiss Merger Lawsuit - "A Merger Of Equals" Is the Question - Watch Complete Merger Press Conference - See Background TV Shows - Hear What Milton Snide Has To Say.

DaimlerChrysler Loses Bid to Dismiss Merger Lawsuit - "A Merger Of Equals" Is the Question - Watch Complete Merger Press Conference - See Background TV Shows - Hear What Milton Snide Has To Say.

CHICAGO November 21, 2003; Ann Keeton writing for Dow Jones reports that a U.S. district court judge on Friday denied a summary judgment filed by DaimlerChryler AG , paving the way for an investor group's lawsuit against the auto maker to go forward. With the ruling by Judge Joseph J. Farnan in Wilmington, Del., the su ... Continue reading

ALLETE Agrees to Sell North Carolina Water Utility

ALLETE Agrees to Sell North Carolina Water Utility

DULUTH, Minn.--Nov. 21, 2003--ALLETE, Inc. announced today that its subsidiary, ALLETE Water Services, has agreed to sell its water and wastewater systems of North Carolina-based Heater Utilities, Inc. to Philadelphia Suburban Corporation . The stock purchase agreement includes a $48 million cash payment to ALLETE Wate ... Continue reading

Collins & Aikman Receives KIA Motors America, Inc.'s 'Most Valued Partner' Award

Collins & Aikman Receives KIA Motors America, Inc.'s 'Most Valued Partner' Award

TROY, Mich., Nov. 21 -- Collins & Aikman Corporation today announced that it had received a 2003 supplier award from KIA Motors America, Inc. Of the long list of KIA Accessory Suppliers, Collins & Aikman was one of only five suppliers to receive KIA's distinguished "Most Valued Partner" award. The award was presented a ... Continue reading

Dana Corporation Operation in Brazil Earns Country's National Quality Award

Dana Corporation Operation in Brazil Earns Country's National Quality Award

TOLEDO, Ohio, Nov. 21 -- A Dana Corporation operation in Gravatai, Rio Grande do Sul, Brazil, which manufactures Spicer(R) driveshafts, universal joints, and steering columns, was the only company in Brazil to be honored with the country's 2003 National Quality Award (NQA) in the Large Companies category. Sponsored by ... Continue reading

Donaldson Company Announces Quarterly Cash Dividend; Stephen W. Sanger Retires from Board of Directors

Donaldson Company Announces Quarterly Cash Dividend; Stephen W. Sanger Retires from Board of Directors

MINNEAPOLIS--Nov. 21, 2003--Donaldson Company, Inc. , announced today that the company's board of directors declared a regular cash dividend of 9 1/2 cents per share, payable December 17, 2003, to shareholders of record as of December 8, 2003. As of October 31, 2003, there were approximately 43,400,000 shares outstandi ... Continue reading

Encirq 3e to Provide Delphi With Data Management in Next-Generation Electronics Devices

Encirq 3e to Provide Delphi With Data Management in Next-Generation Electronics Devices

SAN FRANCISCO, Nov. 21 -- Encirq Corporation announced today that Delphi Delco Electronics Systems has selected the Encirq 3e Database Suite for Embedded Systems to be used in various audio systems. The Encirq 3e Database Suite for Embedded Systems provides extremely compact, high-performance full-featured data managem ... Continue reading

FastenTech, Inc. Reports Fourth Quarter and Year-to-Date Results

FastenTech, Inc. Reports Fourth Quarter and Year-to-Date Results

MINNEAPOLIS--Nov. 21, 2003--FastenTech, Inc., a leading manufacturer and marketer of highly engineered specialty components providing critical applications to a broad range of end-markets, today announced its results for the fourth quarter and fiscal year ended September 30, 2003. Revenues for the quarter ended Septemb ... Continue reading

Intelligent Motor Cars 3Q and Year End Report

Intelligent Motor Cars 3Q and Year End Report

FORT LAUDERDALE, Fla.--Nov. 21, 2003--Intelligent Motor Cars Group, Inc. (OTCBB:IMCG), today reported on the company's financial standing and projection for the year end. Excerpt from today's executive manager meeting, Mike Magolnick, the Company's Chief Operating Officer reported the following: "When we became a repor ... Continue reading

Japan Gas Association chooses Westport Innovations Inc. as technology partner

Japan Gas Association chooses Westport Innovations Inc. as technology partner

VANCOUVER, Nov. 21 -- Westport Innovations Inc. (TSX:WPT) announced today that the Japan Gas Association (JGA) will utilize Westport natural gas compression technologies in their natural gas vehicle development program. The Westport on-board compressor system comprised of Westport developed technology is to be shipped ... Continue reading

Modine Opens New Assembly Location at Wackersdorf, Germany To Produce BMW Products

Modine Opens New Assembly Location at Wackersdorf, Germany To Produce BMW Products

RACINE, Wis.--Nov. 21, 2003--Modine Manufacturing Company, a global company specializing in thermal solutions with its headquarters in Racine, WI, announced today the opening of its new plant in Wackersdorf, Germany. The 118,000 square foot (11,000 square meter) factory will supply engine-cooling modules for the new BM ... Continue reading

Rouge Industries Announces Asset Purchase Agreement With Severstal

Rouge Industries Announces Asset Purchase Agreement With Severstal

DEARBORN, Mich., Nov. 21 -- Rouge Industries, Inc. (BULLETIN BOARD: RGIDQ.OB) announced today that it has signed an Asset Purchase Agreement (the "Purchase Agreement") with Severstal for the sale of substantially all of the assets of Rouge Industries. The transaction, which is targeted for completion by the end of Janu ... Continue reading

SIX ADESA AUCTIONS RECEIVE HONORS FROM CAPITAL ONE

SIX ADESA AUCTIONS RECEIVE HONORS FROM CAPITAL ONE

Hi Everyone, Attached is a news release on six ADESA auctions which were honored recently by Capital One Auto Finance. I've also attached a photo and caption information. Auctions that were honored include: ADESA Charlotte, ADESA Seattle, ADESA San Diego, ADESA Tulsa, ADESA Concord and ADESA Knoxville. For further info ... Continue reading

Sonic Automotive Completes Private Offering of $75 Million in Senior Subordinated Notes

Sonic Automotive Completes Private Offering of $75 Million in Senior Subordinated Notes

CHARLOTTE, N.C., Nov. 21 -- Sonic Automotive, Inc. announced today that it completed the previously announced private placement of $75 million of 8 5/8% senior subordinated notes due 2013 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act") and to other eligib ... Continue reading

SunPass Sales Reach One Million Transponders; One-Millionth Customer Recognized

SunPass Sales Reach One Million Transponders; One-Millionth Customer Recognized

FORT LAUDERDALE, Fla.--Nov. 21, 2003--SunPass(R), the State of Florida's pre-paid electronic toll program activated its one-millionth SunPass toll transponder when David Rubin called the SunPass Customer Service Center November 8, transportation officials announced today. David Rubin of Boynton Beach purchased the tran ... Continue reading

CSK Auto Corp. to Report Third Quarter Fiscal 2003 Financial Results

CSK Auto Corp. to Report Third Quarter Fiscal 2003 Financial Results

PHOENIX--Nov. 21, 2003--CSK Auto Corp. invites investors to listen to a broadcast of the company's conference call to discuss third quarter fiscal 2003 financial results. The conference call will occur on Thursday, Dec. 4, 2003, at 5 p.m. (ET). Investors may listen to a simultaneous webcast at www.cskauto.com. Click on ... Continue reading

Gold Bond Resources, Inc. Announces Statutory Merger Resulting in Change Of Domicile, Name Change, Reverse Stock Split and New Trading Symbol

Gold Bond Resources, Inc. Announces Statutory Merger Resulting in Change Of Domicile, Name Change, Reverse Stock Split and New Trading Symbol

STAFFORD, Texas, Nov. 21 -- Gold Bond Resources, Inc. (BULLETIN BOARD: GOBM) announced today that effective Monday, November 24, 2003, Gold Bond Resources, Inc. will complete a statutory merger with EnerTeck Corporation, a recently formed Delaware corporation and wholly- owned subsidiary of Gold Bond Resources, Inc. Th ... Continue reading

Rick Case Honda Presents The World's Largest Motorcycle Ride - 30,000 Cycles

Rick Case Honda Presents The World's Largest Motorcycle Ride - 30,000 Cycles

FORT LAUDERDALE, Fla.--Nov. 21, 2003--Rick Case Honda Powerhouse and motorcycle enthusiasts from around the country are gearing up for The World's Largest Motorcycle Ride - South Florida President's Council's (SFPC) 16th Annual Toys in the Sun Run, presented by Rick Case Honda Powerhouse to be held on Sunday, December ... Continue reading

Intelligent Motor Cars Revises November Sales Projections

Intelligent Motor Cars Revises November Sales Projections

FORT LAUDERDALE, Fla.--Nov. 21, 2003--Intelligent Motor Cars Group, Inc. (OTCBB:IMCG), today announced revised sales projections for November at its Fort Lauderdale Dealership. "For the past couple of months, we've crushed our sales projections and November has been no different," reported Mike Magolnick, IMC's Chief O ... Continue reading

State Auto Financial Declares 50th Consecutive Dividend

State Auto Financial Declares 50th Consecutive Dividend

COLUMBUS, Ohio--Nov. 21, 2003--The board of directors of State Auto Financial Corporation today declared a quarterly cash dividend of $0.04 per share, payable December 31, 2003, to shareholders of record at the close of business on December 15, 2003. This is the 50th consecutive quarterly cash dividend declared by the ... Continue reading

Gas Prices and Snow Falling, Travel Up, AAA Reports

Gas Prices and Snow Falling, Travel Up, AAA Reports

BELLEVUE, Wash., Nov. 21 -- Thanksgiving holiday travelers will find the average price of self-serve regular unleaded gasoline in Washington $1.610 per gallon. A dramatic change from Labor Day weekend's $1.951 per gallon, but still 20 cents higher than one year ago. The national average of self-serve regular unleaded i ... Continue reading

Eight Dates Announced for 2004 ASA Late Model Series

Eight Dates Announced for 2004 ASA Late Model Series

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading

Ward's Reports Estimated North American Vehicle Production W/O 11/21/03

Ward's Reports Estimated North American Vehicle Production W/O 11/21/03

SOUTHFIELD, Mich., Nov. 21 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 353,481 units, up 9.4 percent from the 323,169 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now total ... Continue reading

Amerityre Elects Directors; Announces Production of Prototype Polyurethane 'Air, No-Air' Run Flat Car Tires

Amerityre Elects Directors; Announces Production of Prototype Polyurethane 'Air, No-Air' Run Flat Car Tires

HENDERSON, Nev., Nov. 21 -- Amerityre Corporation (BULLETIN BOARD: AMTY) . At the company's annual meeting of shareholders held this morning in Henderson, Nevada, shareholders elected existing directors Richard A. Steinke, Henry D. Moyle, Louis M. Haynie, Wesley G. Sprunk and Norman H. Tregenza to serve until the next ... Continue reading

Six Dates Announced for 2004 ASA Late Model Series

Six Dates Announced for 2004 ASA Late Model Series

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading

Dana Corporation Suing S&S Truck Parts, Inc., for Patent and Trademark Infringement

Dana Corporation Suing S&S Truck Parts, Inc., for Patent and Trademark Infringement

TOLEDO, Ohio, Nov. 21 -- Dana Corporation announced today that it and one of its subsidiaries, Torque-Traction Technology, Inc., have recently filed a lawsuit against an Illinois-based vehicle parts distributor for infringing a patent and several trademarks as well as engaging in unfair competition practices. (Logo: ht ... Continue reading

Special Edition Boxster(R) S Celebrates 50 Years of the 550 Spyder

Special Edition Boxster(R) S Celebrates 50 Years of the 550 Spyder

ATLANTA, Nov. 21 -- Porsche(R) has announced the creation of an exclusive 2004 Boxster S model designed to commemorate the 50th Anniversary of the legendary Porsche 550 Spyder. To be unveiled at the North American International Auto Show in Detroit in early January 2004, the new "50 Years of the 550 Spyder" Boxster S r ... Continue reading

300 Bikers to Kick-start Annual Drexel Toy Drive with 10-Mile Ride through Philadelphia -- Rain or Shine

300 Bikers to Kick-start Annual Drexel Toy Drive with 10-Mile Ride through Philadelphia -- Rain or Shine

--Drexel University What: Three-hundred members of the Philly Cheesesteak Motorcycle Club will kick-start the seventh annual Drexel Toy Drive with a 10-mile ride through Philadelphia called the "Dragon Toy Run." The run will begin on Drexel's University City main campus, follow West River Drive and Kelly Drive and fini ... Continue reading

CASCAR: Don Thomson set to celebrate third title

CASCAR: Don Thomson set to celebrate third title

CASCAR Super Series For immediate release / November 21, 2003 THOMSON’S TRIPLE Don Thomson reflects on his third-straight CASCAR National title By Greg MacPherson // Editor, Inside Track Motorsport News www.insidetracknews.com Photo by Dave Franks LONDON, ON ­ On Saturday night Don Thomson will be honoured for t ... Continue reading

GM zet vijf wereldpremieres in de schijnwerpers op Los Angeles Auto Show

GM zet vijf wereldpremieres in de schijnwerpers op Los Angeles Auto Show

LOS ANGELES, Californië (VSA), November 21 -- Programma persconferentie bekendgemaakt Aangevoerd door vijf wereldpremieres van General Motors, zullen autofabrikanten een hele reeks nieuwe voertuigen in het voetlicht plaatsen op de Los Angeles Auto Show. De autoshow vindt plaats van 2 tot 11 januari 2004 en is hiermee ... Continue reading

Fünf GM Weltpremieren unterstreichen LA Auto Show Neuvorstellungen

Fünf GM Weltpremieren unterstreichen LA Auto Show Neuvorstellungen

LOS ANGELES, November 21 -- - Tagungsplanung der News-Konferenz veröffentlicht Fünf Weltpremieren alleine von General Motors führen die Reihe der Vorstellung von Neukonstruktionen der Automobilindustrie auf der vom 2. bis 11. Januar 2004 stattfindenden LA Auto Show an. Auf der ersten wichtige Automobilausstellung de ... Continue reading

AAA Texas: Weekend Gas Watch; Gasoline Prices Move Higher as Thanksgiving Draws Near

AAA Texas: Weekend Gas Watch; Gasoline Prices Move Higher as Thanksgiving Draws Near

HOUSTON--Nov. 21, 2003--As the Thanksgiving holiday draws near, gasoline prices moved slightly higher, according to the Weekend Gas Watch by AAA Texas. The Texas average for a gallon of regular self-serve gasoline is $1.40 -- up a penny since last week, and four cents more than last year's average of $1.36 a gallon. Al ... Continue reading

Diamond Powersports Gross Profit Increases by 164%

Diamond Powersports Gross Profit Increases by 164%

SUNRISE, Fla., Nov. 21 -- Diamond Powersports (BULLETIN BOARD: DPWS) announced today that it has released its quarterly financials for period ending September 30, 2003. Diamond Powersports reported increases in both revenues and gross profit while maintaining an insignificant net loss of less than a $.01 per share. For ... Continue reading

Auto Club: Gasoline Prices Show Mixed Bag of Increases And Declines

Auto Club: Gasoline Prices Show Mixed Bag of Increases And Declines

LOS ANGELES--Nov. 21, 2003--Southern California retail gasoline prices hit bottom and increased slightly in Los Angeles and San Diego while continuing a slight downward tick in other regions monitored by the Automobile Club of Southern California's Weekend Gas Watch. Currently, the average price of self-serve regular u ... Continue reading

Ford to spend $325 million on new transmissions

Ford to spend $325 million on new transmissions

DETROIT, Nov 20, 2003; Reuters reported that Ford Motor Co. on Thursday said it would spend $325 million to build new six-speed automatic transmissions aimed at improving fuel economy in larger vehicles. The new transmissions are designed for rear-wheel-drive cars and trucks, such as sport utility vehicles, and promise ... Continue reading

Ford Focus hit by new quality glitch

Ford Focus hit by new quality glitch

DETROIT, Nov 20, 2003; Reuters reported that Ford Motor Co. said on Thursday that it was urging owners of about 671,000 Focus compact sedans to bring the cars into local dealerships for replacement of a component linked to chronic engine stalling problems. The cars affected, from the 2000 and 2001 model years and sold ... Continue reading

Thanksgiving Travel Projected to Rise for Both Auto and Air Travelers

Thanksgiving Travel Projected to Rise for Both Auto and Air Travelers

MINNEAPOLIS, Nov. 20 -- Traditionally, Thanksgiving marks the start of winter holiday travel and this year shows a strong beginning to the season. AAA projects that 36 million Americans will take a trip of 50 miles or more from home this Thanksgiving weekend holiday. This is 2.4 percent higher than the 35.2 million who ... Continue reading

Goodyear Chosen by Volvo Trucks North America for Long-Term Supply

Goodyear Chosen by Volvo Trucks North America for Long-Term Supply

AKRON, Ohio, Nov. 20 -- The Goodyear Tire & Rubber Company announced today that it has signed a new agreement to make its commercial truck tires the standard equipment used on all Volvo trucks produced for North America over the next three years. "We are extremely pleased to have been chosen by this quality producer of ... Continue reading

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