Moog completes $90 million purchase of GE Aviation product lineSeptember 30th, 2009 Moog completes purchase of GE Aviation productEAST AURORA, N.Y. — Aircraft systems maker Moog Inc.
Eastman Kodak completes purchase of Bowe Bell + Howell scanner business, price not disclosedSeptember 1st, 2009 Eastman Kodak completes buy of scanner businessROCHESTER, N.Y. — Eastman Kodak Co.
Retailers' 2nd-quarter profits show strides in profitability but where are the sales?August 18th, 2009 Snapshot of retailers' 2nd-quarter earningsSecond-quarter profits from major retailers underscore how cost-cutting moves helped profitability, and the market saw reason for hope in the four reports Tuesday. But retailers continue to grapple with weak consumer spending.
Akron-based Goodyear to close Philippines plant, cut 500 jobsJuly 17th, 2009 Goodyear will shut down Philippines plantAKRON, Ohio — Goodyear Tire & Rubber Co. plans to close its tire plant in the Philippines by Sept.
CenturyTel completes purchase of Embarq, creating CenturyLink telephone providerJuly 1st, 2009 CenturyTel completes purchase of EmbarqMONROE, La. — CenturyTel Inc.
Judge approves Syms and Vornado's $62.4 million bid for Filene's BasementJune 18th, 2009 Judge approves bid for Filene's BasementNEW YORK — A judge on Wednesday approved Syms Corp. and Vornado Realty Trust's bid for discount chain Filene's Basement Inc., opened a century ago as the discount section of the New England department store chain Filene's.
US International Trade Commission rules Chinese tire makers unfairly flooding US marketJune 18th, 2009 US trade board rules against Chinese tire makersNEW YORK — A U.S. trade board says Chinese tire makers are unfairly dumping their products on the U.S.
New England newspaper chain Gatehouse Media Inc. to cut salaries of most employees 8 percentMay 29th, 2009 Gatehouse paper chain to cut salaries 8 percentBOSTON — Newspaper publisher GateHouse Media Inc. is temporarily cutting the salaries for most of its 1,500 employees in New England an average of nearly 8 percent to save money and avoid job cuts.
Southwest plane has emergency evacuation as tire catches fire during Houston landingMay 13th, 2009 Tire fire forces plane's emergency evacuationHOUSTON — Passengers on a Southwest Airlines flight were forced to slide down emergency chutes after a tire caught fire as the plane landed in Houston. Southwest Airlines spokesman Paul Flaningan says no one was injured.
Apparel chain sales results for AprilMay 9th, 2009 Apparel chain sales results for AprilNEW YORK — Summary of April same-store sales results for apparel category store chains, with percentage increase or decrease over the same month last year. Abercrombie & Fitch Co.
Discount chain sales results for AprilMay 9th, 2009 Discount chain sales results for AprilNEW YORK — Summary of April same-store sales results for discount category store chains, with percentage increase or decrease over the same month last year. BJ's Wholesale Club Inc.
Department chain sales results for AprilMay 8th, 2009 Department chain sales results for AprilNEW YORK — Summary of April same-store sales results for department category store chains, with percentage increase or decrease over the same month last year. Bon-Ton Stores Inc.
Cooper Tire & Rubber posts 1st-quarter loss of $21.3M as consumers buy fewer tiresMay 6th, 2009 Cooper Tire & Rubber posts 1Q loss of $21.3MFINDLAY, Ohio — Cooper Tire & Rubber Co. said Wednesday it lost $21.3 million in the first quarter as consumers bought fewer replacement tires.
Sundaram Brake to raise Rs.150 mn from rights issueFebruary 5th, 2009 CHENNAI - Automobile brake lining manufacturer and part of TVS Group, the Rs.1.87-billion Sundaram Brake Linings, has decided to tap its shareholders for working capital needs. The company's board Friday decided to go for a rights issue to raise Rs.150 million at a price which will be not less than Rs.120 per share having a face value of Rs.10.
US department store chain to cut 7,000 jobsFebruary 2nd, 2009 NEW YORK - US department store chain Macy's said Monday it will eliminate about 7,000 positions as part of a restructuring effort designed to save money as consumers have scaled back their spending. The jobs amount to about 4 percent of the second-largest US department store's workforce of 180,000 and come amid tens of thousands lay-offs at US companies in recent weeks.
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