American Axle & Manufacturing Reports Third Quarter 2004 Earnings of $0.68 Per Share
Oct 28, 2004
Reconfirms 2004 Full-year earnings outlook of $3.40 - $3.50 per share DETROIT, Oct. 28 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported sales and earnings for the third quarter of 2004. Third Quarter 2004 highlights * Third quarter net sales of $841.6 million * S ... Continue reading
Oct 28, 2004
ITASCA, Ill.--Oct. 28, 2004--Midas, Inc. reported net income of $2.1 million--or $0.13 per diluted share--for the third quarter ended Oct. 2, 2004, the company's second consecutive quarter of positive net results. In 2003, Midas reported a net loss of $11.8 million--or $0.76 per share--for the third quarter, after busi ... Continue reading
Tower Automotive Reports Third Quarter 2004 Results
Oct 28, 2004
NOVI, Mich.--Oct. 28, 2004--Tower Automotive, Inc. today announced financial results for the third quarter and nine months ended September 30, 2004, and provided fourth-quarter earnings guidance. Third-Quarter Results: -- Revenues of $722 million -- $145 million in cash and cash equivalents at quarter-end -- New busine ... Continue reading
New Automotive Web Site Aims to Serve African Americans
Oct 28, 2004
DETROIT, Oct. 28 -- AboutThatCar.com, a new automotive Web site, aims to facilitate the automotive purchasing and ownership experience of African Americans. "Through our alliance with Edmunds.com, we provide the most current information about new- and used-cars, pricing, tips about buying, leasing or insuring a vehicle ... Continue reading
Tenneco Automotive Reduces Salaried Work Force
Oct 28, 2004
Company Also Consolidates Business Units LAKE FOREST, Ill., Oct. 28 -- Tenneco Automotive announced today that the company plans to eliminate up to 250 salaried positions (about six percent) -- the majority at the middle and senior management levels -- from its worldwide work force as part of a global restructuring. Th ... Continue reading
Sirius Satellite Posts Loss of $169 Million in Third Quarter
Oct 27, 2004
NEW YORK October 27, 2004; The AP reported that Sirius Satellite Radio Inc. on Wednesday said it posted a wider loss for the third quarter from a year earlier, as higher expenses -- particularly for National Football League programming -- more than offset a surge in revenue. The company, which recently signed a five-ye ... Continue reading
Oct 27, 2004
OYSTER BAY, N.Y.--Oct. 27, 2004--Japan, the traditional home of high-end automotive navigation systems, still holds its top position in that market. But increasingly, according to the latest review from ABI Research, features previously seen only there are starting to appear in European and North American vehicles. Hig ... Continue reading
Research and Markets: Medium-Sized Tyre Companies Diversifying Away From Tyre Manufacturing
Oct 27, 2004
DUBLIN, Ireland, Oct. 27 -- Research and Markets (http://www.researchandmarkets.com/reports/c8189) has announced the addition of Light Vehicle Tyres to their offering. (Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH ) The tyre industry is the largest single rubber manufacturing industry in the world. The h ... Continue reading
ASC to Sponsor AutoWeek/Automotive News Specialty Vehicle Forum
Oct 27, 2004
* Speakers Include GM's Mark Reuss and DaimlerChrysler's Rich Rae * ASC to Unveil 500-h.p. SSR 'Diamondback' Immediately Afterward LAS VEGAS, Oct. 27 -- ASC Incorporated, a full-service specialty-vehicle design and development partner for automotive manufacturers, will once again be the host sponsor of the second annua ... Continue reading
Oct 27, 2004
Line up led by new engine management parts and upgraded DS800 diagnostic tool TROY, Mich., Oct. 27 -- Delphi Corp. today announced its line up for the 2004 Automotive Aftermarket Parts Expo (AAPEX) show Nov. 2 - 5, including a new line of engine management parts and an upgraded DS800 wireless diagnostic tool. (Logo: ht ... Continue reading
Tower Automotive Hires Terry Gohl as Vice President of North American Operations
Oct 27, 2004
NOVI, Mich.--Oct. 27, 2004--Tower Automotive, Inc. today announced that Terry Gohl, 43, has joined the company as vice president of North American operations, effective immediately. Gohl reports to Kathleen Ligocki, president and chief executive officer of Tower Automotive. "Terry brings 20 years of automotive industry ... Continue reading
R&B, Inc. Reports Sales and Earnings for the Third Quarter Ended September 25, 2004
Oct 27, 2004
COLMAR, Pa., Oct. 27 -- R&B, Inc. today announced financial results for the third quarter ended September 25, 2004. For the third quarter ended September 25, 2004, sales increased 10% to $64.1 million from $58.2 million in the same period last year. Net income in the third quarter of 2004 was $4.4 million compared to n ... Continue reading
O'Reilly Automotive, Inc. Reports Record Third Quarter Results 11.8% Operating Margin
Oct 27, 2004
SPRINGFIELD, Mo.--Oct. 26, 2004--O'Reilly Automotive, Inc. ("O'Reilly" or "the Company") today announced record revenues and earnings for the third quarter of 2004, representing 44 quarters of record revenues and earnings for O'Reilly since becoming a public company in April 1993. Net income for the third quarter ended ... Continue reading
Delphi and XM Introduce MyFi - First Personal, Portable Handheld XM2GO Satellite Radio
Oct 26, 2004
Newest Satellite Radio Receiver Includes Time-Shifting 'Memory Mode' and Integrated Rechargeable Battery So You Can Listen to XM Satellite Radio at Home, in the Car, or on the Go Product Launch to Feature Superstar Elton John in National TV Advertising Campaign NEW YORK, Oct. 26 -- Delphi Corp. a pioneer of in-vehicle ... Continue reading
Valeo Announces a Plan to Close Its Facility in Orense, Spain
Oct 26, 2004
PARIS, Oct. 26 -- Valeo today announced that it has called for a meeting of the Works Council of its facility in Orense, Spain to discuss the proposed closure of the site. The facility is part of the Electronics and Connective Systems Branch and manufactures wiring harnesses. Despite the measures put in place in 2002 a ... Continue reading
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