Delphi GM buyouts shrink UAW workforce at Delphi plant
UAW Local 2151 president Robert Betts reports 470 of 560 Delphi plant workers in Coopersville signed up for a $35,000 early retirement offer. Delphi and GM push attrition to cut labor costs, with GM targeting 30,000 hourly departures by 2008. Delphi buyouts exceed 9,000, GM above 28,000. Betts warns the second offer for remaining workers may cause major disruption.
MENTIONED IN THIS ARTICLE
Detroit
Robert Betts
UAW
Coopersville
Mich
Delphi
Betts
U.S
Wall Street slips lower as investors eye Fed meeting
Wall Street ended the week with a modest loss as durable goods data showed a 0.3 percent May decline after a 4.7 percent drop, tempering hopes for quicker growth while awaiting the Federal Reserve Open Market Committee decision. The Dow fell 30.02 to 10,989.09 as broader indicators hovered near flat.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Commerce Department
Federal Reserve
Fed
Jeff Kleintop
PNC Financial Services Group
Philadelphia
Stockyards Springfield Prices and Hogs Negotiated Start
Eastern Cornbelt carcass prices range 0.5 to 0.9 inch BF from 67.25 to 87.58 dollars. Today’s Illinois Direct Hogs trading steady to 1.00 higher with demand and offerings active. 1-3 300-400 lbs 30.00-33.00, 400-500 lbs 32.00-35.00, 500-600 lbs 33.00-37.00, over 600 lbs 34.00-38.00. Boars under 300 lbs 30.00-36.00, over 300 lbs 12.00-16.00. The Associated Press.
MENTIONED IN THIS ARTICLE
Alcoa Inc
Coke
Kerr McGee
Regions Financial
Altria Group Inc
ConAg
Kinder Morgan
Ryerson Tull
Ameren
CVS Corp
Kroger
Sears Holdin Co
Apple
Devon
Lee Ent
Southern Co
Applied Materials
Dillard's
Lowes
Southwest
Archer
Dollar General
McDonalds
Sun Micro
Avaya Financial
DuPont
Metlife
Super Valu
AXA
Federated Dept
Microsoft
Anova
Baker Hughes
Fifth Third
Mips Technologies
US Bancorp
Bemis
First Data Corp
Nbty Inc
USG
Bob Evans
Ford Motor Co
Nucor
Verizon
Boeing Ford Motor Cap
Occi
Walgreens
BP Amoco
Gen. Dyn
O'Charley's
Wal-Mart
Brunswick
Gen. Motors Snr
Old
Nat. Banc
Wave Wireless
Burger King
Halliburton
Olin
Watson Pharma
Canadian Rail
Harley Davidson
Pepsi
CAT
Harrah's
Wendy's
CBRL
Pepsi Americas
Harris
Pfizer
Wachovia Ciena Corp
Intel
CIFRA
Integra
ProFac Coop
Securities, Inc., Cinf
JC Penney
Prudential
NYSE
Sipc Clear Channel
Jones Soda Co
Qualcomm
Springfield
Illinois
Kerrmcg
New York
King Phrm
At&t Inc
LearCorp
AbtLab
LowesCos
AMD
Lucent
Aetna
Marathon
Agilent
MecDnids
Alcoa
Medtrnic
AllegTch
Merck
Altria
Amovill Micront
MerrillLyn
AmintGp
Mirant
Anadark
Mittalstl
Apache
MorgStan
ArchDan
Motorola
Bjsvcs
Nabors
BakrHu
Newscpa
BigLots
NobleEn
Boeing
NokiaCp
BostonSci
NortelNt
BrMySq
CBS
OcciPet
CVSC
Peabdye
Caterpillar
PepsiCo
Cendant
Petrolers
ChesEng
Chevron
Phelpsd
CinciBell
PioNtrl
Citigro
ProctGam
Citync
QwestCm
RiteAid
CocaCl
Rowan
Coeur
Schergel
Comerica
Schimb
CVRD
Seagatet
Smithint
Consol
Selectra
Corning
SwnEngy
OR Horton
SprintNex
Devone
Itgold
Directv
Suncor
Disney
TainSemi
DowChun
Target
Tektronx
Etrade
Texinst
TimeWarn
Elan
Transccn
Embarq
Tycointl
EnCana
Tyson
UtdMicro
Exelon
Usbancrp
ExxonMbl
US Steel
Fanniem
AtdTech
Fordm
Utdhith
Univision
Frieder
Valeroe
GenElec
VerizonCm
GnMetr
VivoPart
Golderp
Wachovia
Goldmans
WalMart
Hallibin
Walgrn
HitMat
Wamat
Hewlett P
Weathfint
HomeDp
WellsFrgo
iShBrazil
WitnGsRs
WmsCos
fieShJapan
IBM
Wyeth
Jpmorgch
Xtoengy
Jabil
Xerox
JohnJn
Grain futures mixed as soybeans slip on CBOT
Grain futures rose for wheat and corn and oats while July soybeans fell. Wheat climbed to 3.71 a bushel, corn to 2.30, oats to 1.89, and soybeans slipped to 5.86 a bushel on the Chicago Board of Trade in early activity.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Ex Hollinger officials remain partners
James P. Miller reports that Conrad Black and F. David Radler, despite Radler’s pledge to testify against Black in March, continue co owning Horizon Operations. Black seeks $16 million by selling his Horizon stake to Radler to pay a tax lien and preserve his $20 million bail bond while awaiting trial.
MENTIONED IN THIS ARTICLE
Chicago
Conrad Black
Palm Beach
F. David Radler
Black
Radler
Horizon Operations
Chicago Sun-Times
Hollinger International Inc
Hollinger
Horizon
Black and Radler
Securities and Exchange Commission
Florida
Also Mentioned on This Page
By Jason Roberson
Knight Ridder News
Delphi Corp
General Motors Corp
BY Michael J. Martinez
THE
Associated Press
Dow Jones
the Associated Press
James P. Miller
Ar Vivo
Southern
Www
Thesouthern.com
Waa Npy ynDay
University Mall
Pationt
Thomas Wooden Railway & Accessories
Southern Illinois
Thomas
Bob the Builder
John Deere
Molly
Oliver
Toad
SICCM
John A. Logan College
CRISP
IVEY
Carterville, Illinois
Southern Illinois Collegiate Common Market
MazDa
Vogler
KKK
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