Alcoa reports surprise 3rd-quarter profit of $77M, forecasts higher global aluminum demandOctober 7th, 2009 Alcoa posts 3Q profit of $77M on cost cutsPITTSBURGH — Alcoa Inc., the largest U.S. aluminum producer, on Wednesday said it returned to profitability after three consecutive quarterly losses, helped by cost-cutting and rising orders from automakers and other big manufacturers.
Alcoa posts surprise 3rd-quarter profit of $77M; forecasts higher global aluminum demandOctober 7th, 2009 Alcoa returns to profit as cost cuts, sales helpPITTSBURGH — Painful cost-cutting and rising sales to automakers helped the nation's largest aluminum producer return to profitability for the first time in nine months. Alcoa Inc. on Wednesday also forecast an 11 percent increase in worldwide aluminum demand in the second half of the year, fueled partly by robust growth in China.
Hartford Financial names former Bank of America executive as CEOSeptember 30th, 2009 Hartford names new chairman, CEOHARTFORD, Conn. — The Hartford Financial Services Group Inc.
Bob Evans Farms CFO to retire at end of fiscal year; company promotes from withinSeptember 18th, 2009 Bob Evans CFO to retire at end of fiscal yearCOLUMBUS, Ohio — Restaurant owner Bob Evans Farms Inc. said Friday that Chief Financial Officer Don Radkoski, who has been with the company for more than 30 years, will retire at the end of the current fiscal year.
Transocean CEO Long to retire, current President and COO Steven L. Newman to replace himAugust 17th, 2009 Transocean CEO Long to retire, successor namedNEW YORK — Offshore drilling contractor Transocean Ltd. said Monday that Chief Executive Officer Robert L.
Hininger to succeed Ferguson as CEO of Corrections Corporation of AmericaAugust 17th, 2009 Corrections Corporation of America CEO to retireNASHVILLE, Tenn. — Prison operator Corrections Corporation of America said Monday Chief Executive John Ferguson will retire, effective Oct.
DuPont consolidates 23 businesses into 14, reorganizes executive leadershipAugust 13th, 2009 DuPont combines businesses, reorganizes leadershipWILMINGTON, Del. — DuPont said Thursday its finance chief will move to a new role and its chief operating officer will retire as the chemical maker consolidates 23 businesses into 14, in a bid to streamline its business.
Aluminum giant Alcoa reports 2nd-quarter loss but beats expectations, sees some stabilityJuly 9th, 2009 Alcoa posts 2Q loss but sees some stabilityPITTSBURGH — In an unofficial opening to the earnings season, Alcoa Inc. reported another quarterly loss but beat Wall Street expectations and said some markets for the metal may be stabilizing.
Alcoa reports 2nd-quarter loss of $454M as global recession continues to hammer demand, pricesJuly 8th, 2009 Alcoa posts 2Q loss of $454M on weak demandPITTSBURGH — Alcoa Inc. unofficially opened the earnings season by posting a loss of $454 million, citing continued weak prices and demand for its aluminum products amid the global recession.
Supervalu says President, COO Mike Jackson to retire; retail realignment plannedJuly 8th, 2009 Supervalu says President, COO Jackson to retireMINNEAPOLIS — Supervalu said Wednesday its President and Chief Operating Officer Mike Jackson will retire effective August 14. The grocer plans to realign its retail business following his departure.
Bemis, Alcoa, American Express, Data Domain are among big market movers MondayJuly 6th, 2009 Bemis, Alcoa, Data Domain are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bemis Co., up $1.22 at $25.50
The company, which makes clear plastic packages, is paying $1.2 billion for the global packaging business of Rio Tinto PLC. Bank of America Corp., down 49 cents at $12.15
An analyst said the lender faces a 10 percent jump in uncollectible loans when it reports second-quarter earnings.
Kroger president McGeorge to retire, Vice Chairman McMullen becomes presidentJune 25th, 2009 Kroger president to retireCINCINNATI — The nation's largest traditional grocery store chain will have a new president. The Kroger Co.
Prakash Telang new managing director of Tata MotorsMay 29th, 2009 MUMBAI - Auto major Tata Motors has appointed Prakash M. Telang as its managing director, while the incumbent Ravi Kant will continue as non-executive vice chairman, the company said Friday.
Chrysler's president and vice chairman LaSorda leaves Chrysler effective immediatelyMay 2nd, 2009 Chrysler president LaSorda to retire immediatelyAUBURN HILLS, Mich. — Chrysler says its president and vice chairman, Tom LaSorda, is leaving the automaker immediately.
Chrysler Vice Chairman Tom LaSorda to retire after 32 years in auto businessApril 30th, 2009 Chrysler's LaSorda to retire; date undecidedDETROIT — Chrysler Vice Chairman and President Tom LaSorda says he is going to retire, but the date has not been set. The former Chrysler chief executive when it was owned by Daimler AG says it's time to step down after 32 years in the business.
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