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Friday 24 April 2009

Honeywell Net Falls 38% as Aviation, Auto Sales Drop

Honeywell Net Falls 38% as Aviation, Auto Sales Drop
Bloomberg - USA
By Gopal Ratnam April 24 (Bloomberg) -- Honeywell International Inc., the biggest maker of airplane cockpit controls and a producer of thermostats, ...
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Ford Posts 1Q Loss Of $1.4 Billion; Slows Cash Burn
CNNMoney.com - USA
(F) said it has enough money to make it through this year after the auto maker posted a smaller-than-expected first- quarter loss amid cost-cutting that ...
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Fairfax plant won't go idle as GM suspends production elsewhere
Kansas City Star - MO,USA
"A bittersweet announcement," said John Melton, bargaining chairman of the United Auto Workers Local 31. "Our people feel pretty lucky, but there are a lot ...
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Ford reports $1.4B first-quarter loss
The Detroit News - Detroit,MI,USA
Last year, Ford posted an unexpected 20-cent profit for the first quarter, but the first three months of this year were the worst for sales the auto ...
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Broader Auto Industry Woes To Take Glare Off Ford Loss
Wall Street Journal - USA
(F) will hand in its first-quarter report Friday, with Wall Street looking past the expected hefty losses for evidence the auto maker can continue to ...
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All's Quiet on the GM-Bankruptcy Front
Barron's - USA
Even as GM Chief Executive Fritz Henderson reiterated Friday that bankruptcy was "probable" for the auto maker, its bonds actually perked up. ...
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REPORT: GM planning up to nine-week summer shutdowns
Autoblog - Santa Monica,CA,USA
by Dan Roth on Apr 23rd 2009 at 8:56AM This is what bringing a behemoth back down to the proper size looks like. General Motors is looking for every way to ...
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Treasury Prepares Chrysler Bankruptcy as GM Nears Deadline Too
Bloomberg - USA
It has until April 30 to seal an alliance with Italian automaker Fiat SpA, get its banks to agree to cut its debt and reach agreements with the United Auto ...
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Arlington's GM plant will close for nine weeks, starting May 11
Dallas Morning News - Dallas,TX,USA
They will report back to work July 13, said Enrique "JR" Flores Jr., president of United Auto Workers Local 276. GM normally shuts down its assembly plants ...
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Allen County, Defiance plants hit hard by shutdown
Fort Wayne Journal Gazette - Fort Wayne,IN,USA
The assembly plant in southwest Allen County is slated to close for nearly three months. The 2611 workers at General Motors Corp.'s Allen County assembly ...
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