NHTSA Probes Ford Ignition Switch Fires Across 1984 1993 Models
U S safety officials examine fires from a shared ignition switch in about 23.5 million Ford Mercury and Lincoln vehicles from 1984 to 1993, excluding Taurus Sable and Probe. With 820+ U S reports and one parked vehicle fire, Ford says data does not yet warrant a recall in the United States while Canada already recalled 248,000 units. A class action seeks replacement of switches at Ford's expense.
MENTIONED IN THIS ARTICLE
Washington
Ford Motor Co
United States
Ford
Canada
National Highway Traffic Safety Administration
Mercury
Lincoln
Mazda
NHTSA
Michael Brownlee
Francine Romine
Dearborn
Mich
U.S
Associated Press
Richard Schiffrin
Ralph Hoar
America
Victoria
Linx
EXP
Capri
Continental
Ford profits drop 58 percent in first quarter
Dearborn based Ford Motor Co reports a 58 percent decline in quarterly profits to 652 million dollars. Per share earnings fell to 54 cents from 1.44 dollars, as revenues rose 4 percent to 36.3 billion amid slower auto sales and higher costs for redesigned models. Automotive ops still showed a 142 million dollar profit worldwide.
MENTIONED IN THIS ARTICLE
Dearborn, Mich
Ford Motor Co
Ford
Chrysler Corp
Wall Street
David Healy
Burnham Securities Inc
Maryland exports rise 6.4 percent in 1995
Maryland exports climbed 6.4 percent to 6.22 billion dollars in 1995, driven by transportation equipment and growth in non transportation goods. Technology exports rose 25 percent to 1.9 billion, as the state targets diversification to nine billion by 2000 despite barriers for small firms entering foreign markets.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland
Jim Hughes
Office of International Trade
State Department of Business and Economic Development
Hughes
Peter O ‘Neill
Mr. O'Neill
Mitsubishi rallying employees against harassment claims in Illinois plant
Mitsubishi Motor Manufacturing of America faces a federal class action over alleged sexual harassment at the Normal Illinois plant where as many as 700 women were said to be subjected to groping obscene remarks and graffiti. The company is organizing an employee march to the EEOC Chicago office and opening a phone bank to contest the charges while warning of reputational and job losses.
MENTIONED IN THIS ARTICLE
Mitsubishi
Employment Opportunity Commission
Congress
White House
EEOC
Chicago
Dean Derbyshire
Mitsubishi Motor Manufacturing of America
Cable systems swap expands Gettysburg area service
GS Communications of Frederick will provide cable TV in Gettysburg area after a swap with Lenfest Communications. Lenfest takes control of the Stewartstown system serving about 1,500 customers while GS takes over the Gettysburg system serving about 3,900. LCI had overseen Gettysburg under a management deal since March 1 and expects completion by mid summer. The Gettysburg system covers Gettysburg and Biglerville boroughs and several Adams County townships. Stewartstown serves Hopewell townships and portions of York County. Lenfest’s Suburban Cable is a large, multi state operation based in Pottstown with about 900,000 customers across PA NJ and DE. GS Communications has operated in York County for over 20 years and is part of The Great Southern Printing and Manufacturing Company family which also runs Frederick Cablevision and a daily paper. The Gettysburg and Stewartstown systems will join a cluster of about 25,000 subscribers in Adams and York counties.
MENTIONED IN THIS ARTICLE
GS Communications Inc
Frederick
Gettysburg
Lenfest Communications Inc
Lenfest Communications
Stewartstown
GS Communications
Sammons Communications
LCI
Biglerville
Butler
Cumberland
Straban
Adams County
Hopewell
East Hopewell
North Hopewell
Chanceford
Shrewsbury Township
Winterstown
Crossroads
York County
Sammons
LCT
Suburban Cable
Pottstown
Pennsylvania
New Jersey
New Castle County
Delaware
Baltimore Pike
Dillsburg
Glen Rock
Shrewsbury
Spring Grove
Pennsylvania Classic
Adams
Great Southern Printing and Manufacturing Company
Frederick Cable
AVEMCO Reports 1996 Q1 Earnings Decline
AVEMCO Corp of Frederick reports first quarter 1996 net earnings of $2.7 million or 31 cents per share, down from $2.8 million or 32 cents in Q1 1995. Higher physical damage claims on valuable aircraft and a higher loss ratio on lenders single interest business reduced results. Gross premiums fell to $22.2 million from $23.2 million a year earlier.
MENTIONED IN THIS ARTICLE
Avemco Corp
Frederick
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Dow Jones Industrial
GTE Corp
Hech
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IBM
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Kmart
Life Tech
Altimax
My Bell
Mercantile BioWhittaker
Bokshi
Fe Black Dr
Nations Bank
Citizens Bank
Jcpenney
Te Uncigdepsico
Coca Cola Csx Corp
Potom
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Ferris
Fred
Brew
Baker Watts Inc
Marcia Moncelle
Brewers
Bowers Brewing Company
North Market Street
Avemco Report
Silbiger & Coleman
W. Patrick Street
Scottsdale Securities Inc
Scottsdale Securities, Inc
Discount Stock Brokers
Executive Bled
Rackulle
Merber Sipc
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