Eaton Skids On Strong Profits, Cut Guidance
Forbes, NY - Eaton, which serves auto, truck and plane makers among other industries, also said its end-markets will have weaker growth than it had earlier expected, … |
Archive for July 15th, 2008
Eaton Skids On Strong Profits, Cut Guidance - Forbes
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GM makes historic cuts in struggle to survive - The Associated Press
 FOXBusiness |
GM makes historic cuts in struggle to survive
The Associated Press - "The objective was to try to develop a plan that was robust even if the market was to get worse." Of the $15 billion in savings, $10 billion will come from … GM cutting white-collar workforce GM to Speed up Closure of Janesville Plant |
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Ohio’s Economy, Heavily Invested in Auto Jobs, Will Suffer Further … - ePluribus Media
Ohio’s Economy, Heavily Invested in Auto Jobs, Will Suffer Further …
ePluribus Media - By John Michael Spinelli COLUMBUS, OHIO: When President George Bush Tuesday said at a White House news conference on the economy that things were hardly as … Obama On GM Cuts |
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GM to cut salaried workers, production, dividend - The Associated Press
 The Associated Press |
GM to cut salaried workers, production, dividend
The Associated Press - Executives said they started working on the latest restructuring plan shortly after the company's annual meeting June 3 after watching the market … |
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GM's latest cost cutting measures to add $15 bln to liquidity … - Trading Markets (press release)
GM's latest cost cutting measures to add $15 bln to liquidity …
Trading Markets (press release), CA - … by the American Axle and local union strikes in North America, as well as the continued weakness in the US auto market and adverse vehicle segment mix. … |
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With Warning, GM Takes Wide Cost Cuts - New York Times
 CTV.ca |
With Warning, GM Takes Wide Cost Cuts
New York Times, United States - GM’s chairman, Rick Wagoner, said the sharp downturn in the American auto market forced “difficult decisions” to protect the company’s future. … Video: General Motors: Plan Is to Win, Not Just Survive GM eliminates retiree health benefits, dividend GM to cut workers, production, dividend |
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