Ford profits boosted by credit arm despite auto struggles
Ford Motor Co reports 1.2 billion quarterly profit driven by Ford Motor Credit, up from 417 million a year earlier. Automotive sales rose modestly while North American conditions stay competitive. full-year guidance raised to 1.80 to 1.90 per share excluding items. Europe shows progress as financing unit dominates earnings.
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Dearborn
Mich
Ford Motor Co
Europe
Ford
Wall Street
North America
Ford Motor Credit Co
Ford Motor Credit
Ford Europe
Don Leclair
Ballard Power Systems
Key faces debt restatement and possible default timeline
Key Corp, a major Permian Basin employer, negotiates consent on $150 million 6 3/8 percent note due 2013 and $275 million 8 3/8 percent note due 2008. Spokesman John Daniel says interest continues as it aims to restate financials and avoid restructuring, with bondholders willing to work. If restatement or writedowns miss Sept 30, 2004, a default on credit lines and leases could occur. shares closed at 10.20, down slightly.
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Key
John Daniel
Daniel
Jay Pease
Raymond James Financial
New York Stock Exchange
Key's credit rating cut amid liquidity concerns and waivers
S&P analyst Brian Janiak said consent waivers ease immediate liquidity risk for Key and avert potential debt acceleration. Rating cut from B to B on June 8 cites insufficient resources for about 375 million in accelerated debt. Resolution hinges on waivers from note holders SEC filing for 2003 annual report SEC probe of South Texas unit and strong new management performance.
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S&p
Brian Janiak
Janiak
Standard & Poor
CreditWatch
US Securities and Exchange Commission
SEC
South Texas
Soldier Jose Gonzalez recalls Iraq deployment and family toll
Jose Gonzalez, an Army veteran who joined in 2002, describes daily patrols in Baghdad and guard duty near Iskandariyah, facing IED threats. His mother Sarah reflects on three to four missed homecomings and the strain of his potential redeployment to Afghanistan or Iraq, while Gonzalez vows to cope and support his unit.
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Gonzalez
Army
Germany
Iraq
Baghdad
Iskandariyah
Sarah Gonzalez
Odessa
Jose
Middle East
Afghanistan
Shot officer back to light duty after accidental hand wound
Odessa Texas dispatch reports Animal Control Officer Randy Carden returned to light duty Tuesday after being accidentally shot in the hand during a June 24 incident with two pit bulls. Officer Dayton Neff, who fired at the dog, returned to active duty July 1 as internal affairs investigate his role.
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Dayton Neff
Internal Affairs
Carden
Neff
Medical Center Hospital
Tim Whitfield
Whitfield
Drug Enforcement Administration Task Force
Brian Moersch
Odessa
DEA
Midland
Chris Pipes
Tragedy at Odessa Pool Leaves Grady Grady in Danger
Kevin Kyzer and Kerri Kyzer face second-degree felony charges after police say Grady Kyzer, 3, was injured during a pool water expulsion attempt. Grady's brain damage and unresponsive state followed incidents on July 3 at a trampoline and swimming lesson. The investigation notes both parents present and involved in compressing Grady's stomach to expel water.
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Heimlich
Grady
Christopher Blewett
University Medical Center
Odessa Regional
Odessa Police Department
Lubbock
Medical Center Hospital
CareStar
Kyzers
Odessa
Paul Shepherd
Kerri
Shepherd
Britney Spears room mockup opens at Boston hotel
The Onyx Hotel in downtown Boston offers a Britney Spears themed room designed by Lynne Spears. The 325 square foot suite features her favorites in a likeness of her Kentwood bedroom, with CDs and a Crossroads DVD, themed decor, and a portion of proceeds benefiting the Britney Spears Foundation.
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Boston
Onyx
Britney Spears
Lynne
Kentwood
Britney
Britney Spears Foundation
Louisiana
Robin Williams at Bikestock during Tour de France ascent
In Villard-de-Lans, France, Robin Williams compared the L'Alpe d'Huez climb to Woodstock as fans packed the 16th stage of the Tour de France. Williams joined Lance Armstrong, Sheryl Crow, and Prince Albert of Monaco as celebrity guests after Armstrong claimed the yellow jersey following the 15th stage.
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Villard-De-Lans
France
L’alpe d'Huez
Robin Williams
Williams
Vietnam
Sheryl Crow
Prince Albert
Monaco
Lance Armstrong
Armstrong
L’alpe d’Huez
Gulf WWII wreck study probes deep water reefs
A consortium of federal agencies universities and firms will study seven Gulf of Mexico World War II wrecks to see if deep water shipwrecks can act as artificial reefs and how they interact with the environment. Using a remotely operated vehicle researchers will spend 18 days in deep water off Louisiana Mississippi and Alabama to inspect the vessels including the only German U-boat believed sunk in the Gulf.
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Gulf
Houston
Gulf of Mexico
Department of the Interior
Minerals Management Service
Louisiana
Mississippi
Alabama
Old traditions never go away in politics satire
A collage of satirical notes covers Arnold Schwarzenegger in Austria and factions in U S politics. It mocks parade traditions, celebrity firings, campaign trips, Cheney and Bush dynamics, Iran al Qaida links, and media sensationalism with biting humor about elections and public figures.
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Hollywood
Arnold Schwarzenegger
Austria
Texas Lottery Winning Numbers Summary Card
Texas Lottery results show CASH 6 29 33 36 on Tuesday July 20 with MEGA MILLIONS numbers 6 15 21 32 44 and Megaplier 3. Jackpot listed at 37 million dollars. Pick 3 DAY NIGHT figures appear as unclear fragments.
New Mexico Lottery Road Runner Cash Draw
The New Mexico Lottery announces Road Runner Cash drawing results for Monday July 19. Winning numbers 9 13 20 21 34 and a 2x multiplier appears. Players are urged to check tickets and claim prizes at authorized outlets.
Odessa American contact and subscription details excerpt
The passage lists Odessa American contact numbers for news sports and editorial pages, hours and services for subscription, advertising policies, and delivery details. It includes post address, fax lines, and weekend hours with several typos and garbled text.
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