Volvo to expand engine making in United States after Mack buy
Volvo Group plans to increase U S engine production tied to its acquisition of Mack Trucks Inc The company may expand at the current Hagerstown Maryland site or build a new plant Leif Johansson said the Renault Mack Volvo deal worth 1 83 billion in stock and debt expects federal approval within two to nine months The brands and dealer networks will stay separate with future blended Volvo Renault Mack products likely.
MENTIONED IN THIS ARTICLE
Volvo
Allentown, Pa
Volvo Group
United States
Mack Trucks Inc
Leif Johansson
Mack
Hagerstown
U.S
Renault SA
Allentown
Bell Atlantic loses bid to disqualify three state senators
Harrisburg AP An administrative judge of the state Public Utility Commission rejected Bell Atlantic Corp efforts to remove Senators Vincent J. Fumo Roger Madigan and Mary Jo White and their lawyer Christopher Craig from a case on breaking up the company's wholesale and retail operations. The judge said Bell waited too long to seek disqualification. Fumo and the others push for separation to promote local telephone competition.
MENTIONED IN THIS ARTICLE
Harrisburg
State Public Utility Commission
Bell Atlantic Corp
Wayne L. Weismandel
Bell
Vincent J. Fumo
Philadelphia
Roger Madigan
Bradford
Mary Jo White
Venango
Christopher Craig
Fumo
Providian to pay 1.6 million in Connecticut settlement
Providian Financial Corp will pay Connecticut 1.6 million and reimburse harmed consumers under a consent decree allowing state review of sales scripts training manuals and calls for five years. The deal requires clear consent disclosures and notices of cancellation rights. Providian faces ongoing probes by federal regulators and the San Francisco district attorney.
MENTIONED IN THIS ARTICLE
San Francisco
Providian Financial Corp
Connecticut
Providian
Connecticut Attorney General
Providion
Richard Blumenthal
Market quotes from New Castle Parker Hunter office
The report notes current over the counter stock prices with bid figures as of 10 22 am today. Quotes are provided by the New Castle office of Parker Hunter Inc.
MENTIONED IN THIS ARTICLE
New Castle
Parker/Hunter Inc
Northwest alliances face tests as mergers reshape airline strategy
In a shifting industry, Northwest Airlines, tied to KLM via a lucrative Atlantic joint venture and a controlling stake in Continental, faces potential merger pressures as United pursues US Airways and KLM weighs a sale to British Airways. Alliances, once viewed as low risk growth, show fragility amid bids, regulatory reviews, and evolving competitive dynamics. Northwest notes the alliance helped revenue and income, while observers warn changes could unravel long standing collaborations and invite new consolidations.
MENTIONED IN THIS ARTICLE
Northwest Airlines
Northwest
KLM Royal Dutch Airlines
Continental Airlines
Delta Air Lines
Houston
United States
United Air Lines
US Air
Europe
KLM
Northwest Alliance
Alitalia
British Airways
U.S
North
West
Alliance
Levi Strauss turns around with belt-tightening gains
Levi Strauss reports second quarter net income up 48 percent to 45 million on 6 percent sales decline to 1.15 billion. Margin rises to 42.4 percent as product innovation and supply chain actions improve profitability. CEO Marineau says progress solid, expects continued seasonal gains.
MENTIONED IN THIS ARTICLE
San Francisco
Levi Strauss & Co
Philip Marineau
Com
Tommy Hilfiger Corp
Calvin Klein Inc
Also Mentioned on This Page
Alan Elias
Scripps Howard News Service
At&t
ALPH
Bell Atlantic
BEL
Tri Columbia Gas
CBS
CSX
ESBF
First Energy
FEN
UCFC
Wal-Mart
WMT
Eric Wieffering
Minneapolis-St. Paul
Star
Jon Ash
Global Aviation Associates
Continental
Air France
Levi Strauss
Levi
Todd Slater
Lazard Freres & Co
Bill Chiasson
Chiasson
Asia
The
YMCA
Jameson
UY Ca
Petal
New Castle News
Pekend
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