Garmin Reports Record Quarter; Announces Two-for-One Stock Split and Cash Dividend
May 3, 2006
CAYMAN ISLANDS, May 3 -- Garmin Ltd. today announced a record first quarter ended April 1, 2006. First Quarter 2006 Financial highlights: -- Total revenue of $322.3 million, up 67% from $192.7 million in first quarter 2005 -- Automotive/Mobile segment revenue increased 252% to $150.7 million in first quarter 2006 -- Ou ... Continue reading
New Ownership Strengthens ProCare Automotive
May 3, 2006
~ Monro Muffler Brake Acquires 75 ProCare Locations ~ ROCHESTER, N.Y., May 3 -- Monro Muffler Brake, Inc. ("Monro"), a trusted leader in the automotive service business for over fifty years, has acquired 75 ProCare Automotive Service Solutions ("ProCare") locations out of Chapter 11 Bankruptcy. In addition to providing ... Continue reading
Pioneer Chooses Tele Atlas To Power World's Leading In Car Navigation Systems
May 3, 2006
'S-HERTOGENBOSCH, Netherlands, May 3 -- Tele Atlas, a leading global geographic content provider, announced today it has signed an agreement with digital entertainment leader Pioneer Corporation to supply European and North American digital map data and point of interest (POI) content for Pioneer's current and future i ... Continue reading
Cooper Tire & Rubber Company Reports First Quarter 2006 Results
May 3, 2006
First Quarter Highlights - Net sales increased 16 percent to a new quarterly record - Sales from North American Tire Operations increased 7 percent - Sales from International Tire Operations increased 58 percent including record results in Europe and newly added sales in China - Investment in Kumho Tire Company of Kore ... Continue reading
TRW Automotive Reports First Quarter 2006 Financial Results
May 3, 2006
LIVONIA, Mich., May 3 -- TRW Automotive Holdings Corp. , the global leader in active and passive safety systems, today reported first-quarter 2006 financial results with sales of $3.4 billion, an increase of 5.3 percent compared to the same period a year ago. Net earnings for the quarter were $47 million, or $0.46 per ... Continue reading
General Motors Honors DENSO as Corporation of the Year
May 3, 2006
DETROIT â May 3, 2006: Last Saturday, April 29, General Motors Corp. gave its prestigious Corporation of the Year award to DENSO Corporation during GMâs 14 th Annual Supplier of the Year ceremony. DENSO has been a supplier to GM since 1982 and supplies GM in all its commodity groups. Some of DENSOâs offe ... Continue reading
2006 Technology Innovation Award for Ground-Breaking Graphite Foam Battery
May 2, 2006
PEORIA, Ill.--May 2, 2006--Firefly Energy, Inc., the Peoria-based spin out of Caterpillar now developing a next generation lead acid battery technology, has announced it has received Frost & Sullivan's 2006 Technology Innovation Award for its graphite foam lead acid battery which it believes has the potential to revolu ... Continue reading
Rand McNally Introduces the Harley-Davidson(R) Ride Atlas Custom-Built for Motorcycle Riders
May 2, 2006
Ride Atlas of North America Features Select Harley-Davidson Rides, Exclusive Rand McNally Motorcycle Maps, Can't-Miss Stops and Rider Tips SKOKIE, Ill., May 2 -- There are road trips and then there are rides. Rand McNally and Harley-Davidson know the difference: Cars take to the interstate for a road trip and bikers hi ... Continue reading
May 2, 2006
PHILADELPHIA--May 2, 2006--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, is seeing a steady increase in the sale of locking gas caps, which correlates to the rise in gas prices. Locking gas caps require that a key be used to remove the cap from the fuel fill pi ... Continue reading
Magna announces first quarter results
May 2, 2006
AURORA, ON, May 2 -- Magna International Inc. (TSX: MG.SV.A, MG.MV.B; NYSE: MGA) today reported financial results for the first quarter ended March 31, 2006. ----------------------------------------------------------------------- -- THREE MONTHS ENDED ------------------------ March 31, March 31, 2006 2005 ---------- -- ... Continue reading
Visteon Announces First Quarter 2006 Results and Raises Full Year Guidance
May 2, 2006
Highlights * First quarter 2006 net income of $3 million - up $166 million versus 2005 * Strong momentum implementing three-year plan * Full-year 2006 EBIT-R guidance raised * Product sales of $2.8 billion * Significant business wins strengthen customer diversification VAN BUREN TOWNSHIP, Mich., May 2 -- Visteon Corpor ... Continue reading
OPTIMA Batteries(R) Unveils The 'Full Ride' Contest
May 2, 2006
New promotion gives consumers the chance to win $50,000 in vehicle upgrades MILWAUKEE, May 1 -- OPTIMA Batteries(R), a division of Johnson Controls Inc., is launching a national contest to promote OPTIMA batteries through an online and retail promotion on May 1, 2006. The "Full Ride" contest will award one lucky winner ... Continue reading
Drew Industries Reports Record Sales and Profits in 2006 First Quarter
May 2, 2006
Increased Sales in Both RV and Manufactured Housing Segments Drive Profits in First Quarter 2006 WHITE PLAINS, N.Y., May 1 -- Drew Industries Incorporated today reported its net income increased 75 percent to a record $10.2 million, on a 35 percent increase in net sales for the first quarter ended March 31, 2006. Drew, ... Continue reading
Magellan(R) RoadMate(TM)to Offer NAVTEQ Traffic RDS(TM) Capabilities for North America
May 1, 2006
SANTA CLARA, Calif. & CHICAGO--May 1, 2006--Thales' navigation business, leading global innovator of Magellan outdoor and vehicle navigation solutions, and NAVTEQ, a leading global provider of digital maps for vehicle navigation and location-based solutions, announced today that the Magellan RoadMate 760 and 700 portab ... Continue reading
Midas Launches New Safety and Reliability Advertising
May 1, 2006
ITASCA, Ill.--May 1, 2006--Midas, Inc. is launching a new series of television commercials that feature everyday life stories to dramatize how people can depend on Midas automotive services to help customers keep their vehicles operating safely and reliably. In the spot "Busted," which debuts today, a teenage couple pu ... Continue reading
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