Meltdown 101: Ford has more bright spots than its US rivals, but challenges are down the roadNovember 1st, 2009 Meltdown 101: Ford has suffered less than rivalsDETROIT — Ford Motor Co. has been riding a wave of positive public sentiment since it steered clear of bankruptcy protection and avoided taking federal bailout money — unlike its crosstown rivals, General Motors Co.
UAW president says opponents of Ford deal using misinformation in effort to derail contractOctober 24th, 2009 UAW head: Ford deal opponents using misinformationDETROIT — Opponents of a deal between the United Auto Workers and Ford Motor Co. are spreading misinformation as they campaign against the contract, the union's president said Saturday.
Ford, UAW agree to tentative deal on labor contract changes; union leaders meet TuesdayOctober 13th, 2009 Ford, UAW agree to tentative deal on contractDETROIT — Union leaders from Ford's factories voted Tuesday to recommend that members approve a deal to lower the automaker's labor costs to match those of its Detroit rivals. The deal, which runs until 2011, gives workers a bonus if they ratify the agreement and guarantees new vehicles for five assembly plants.
Ford Motor unveils 2011 F-Series 'Super Duty' truck, featuring diesel, gasoline enginesSeptember 24th, 2009 Ford unveils 2011 F-Series 'Super Duty' truckNEW YORK — Ford Motor Co. unveiled its new F-Series "Super Duty" truck on Thursday, saying the latest edition of its fleet and commercial trucks offers improved power and fuel economy.
Canadian Auto Workers says Ford won't commit to maintaining production guarantees in CanadaSeptember 11th, 2009 Canadian auto union frustrated with Ford CanadaTORONTO — The Canadian Auto Workers president says he's frustrated at the lack of progress the union has made in labor talks with Ford Canada. Ken Lewenza said Friday the negotiations have stalled because the company is refusing to commit to maintain its production guarantees in Canada.
Nintendo profit down 60.6 percent in April-June on fewer hit titles, stronger yenJuly 30th, 2009 Nintendo profit down 60.6 percent in April-JuneTOKYO — Nintendo Co. reports that its net profit tumbled 60.6 percent in the April-June quarter from last year, hurt by a stronger yen and fewer blockbuster games.
Swiss bank Credit Suisse reports 29 percent rise in 2Q net profit to $1.41 billionJuly 23rd, 2009 Credit Suisse reports $1.41 billion 2ndQ profitZURICH — Swiss bank Credit Suisse Group has reported a 29 percent rise in second-quarter net profit to 1.57 billion francs ($1.41 billion). The bank says the results include one-time charges, legal costs and tax benefits.
Ford Motor Co. posts surprise $2.3B 2Q profit on debt reduction and cost cutsJuly 23rd, 2009 Debt reduction pushes Ford to $2.3B 2Q profitDEARBORN, Mich. — Ford Motor Co.'s return to profitability last quarter won't last long unless it can boost sales of cars and trucks and continue to grab market share from rivals.
CAW says Ford Canada wants same concessions as union gave GM Canada and Chrysler CanadaJuly 7th, 2009 CAW says Ford Canada wants to reach new labor dealTORONTO — The Canadian Auto Workers says Ford Canada has asked the union to match recent concessions reached in labor deals with General Motors Canada and Chrysler Canada so the company can remain competitive. CAW negotiator Mike Vince said Tuesday the union met with Ford management last night and the company outlined why the automaker needs a new contract to remain competitive in its Canadian and U.S operations.
Energy Department to loan money to Ford Motor Co. to develop fuel-efficient vehiclesJune 22nd, 2009 Ford to get loan to develop fuel-efficient autosWASHINGTON — The Energy Department is expected to announce that Ford Motor Co. will receive funds from a $25 billion federal loan program to develop fuel-efficient vehicles.
Mulally says Ford will make more moves to improve balance sheet as it works toward 2011 profitJune 11th, 2009 Mulally: Ford will take more action to reduce debtDEARBORN, Mich. — Ford Motor Co.
Ford CEO Mulally says debt swap, new shares likely as automaker works to show profit in 2011June 11th, 2009 Mulally says Ford may issue more stock to cut debtDEARBORN, Mich. — Ford Motor Co.
Insurer Zurich Financial reports 75 percent drop in 1st quarter profit on investment lossesMay 8th, 2009 Zurich Financial reports 75 pct drop in 1Q profitZURICH — Swiss insurer Zurich Financial Services Group on Thursday reported a 75 percent drop in first quarter net profit after booking heavy investment losses. Net profit amounted to $362 million compared to $1.43 billion in the same quarter last year.
Ford posts $1.4 billion loss, burns through less cash while restructuring without gov't aidApril 24th, 2009 Ford posts $1.4 billion loss, burns less cashDEARBORN, Mich. — Ford Motor Co.
L&T profit jumps 215 percentJanuary 29th, 2009 NEW DELHI - Construction and engineering giant Larsen and Toubro (L&T) posted a 215.5 percent jump in its quarterly profit, primarily riding on the income from the sale of its ready-mix concrete (RMC) business. The company filed a net profit of Rs.15.2 billion (Rs.1,520.44 crore/$338.75 million) for the third quarter of 2008-09, as against Rs.4.81 billion during the same period last fiscal.
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