GM to force over one thousand dealers to close
GM plans to close 1,000 to 1,200 underperforming dealers as part of a broader move to prune its network by 2010. The company says it will evaluate dealers by sales, capitalization, profitability, size, image and customer scores, and will compensate those forced to exit.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
National Automobile
Pontiac
Susan Garontakos
Garontakos
John McEleney
NADA
McEleney
Chrysler Deal Talks Narrow Bankruptcy Path
Chrysler LLC moved away from bankruptcy after lenders reached a debt-cutting deal with the Treasury Department. If small creditors resist, bankruptcy remains possible, but tentative pacts with the United Auto Workers and Fiat Group SpA bring a Thursday restructuring deadline closer and could unlock up to $6 billion in aid while preserving about 54,000 jobs.
MENTIONED IN THIS ARTICLE
Chrysler LLC
Treasury Department
Chrysler
United Auto Workers
Fiat Group Spa
Confidence climbs as April mood lifts amid housing signals
The Conference Board says its Consumer Confidence Index rose to 39.2 in April from 26.9 in March, the highest since November. Gains in the stock market and improving housing indicators bolster optimism despite ongoing economic troubles and swine flu concerns.
MENTIONED IN THIS ARTICLE
New York
Conference Board
Gary Thayer
Wachovia Securities
Global markets falter as swine flu sparks volatility
Paris reports swine flu fears rattle world economies as travel stocks fall and markets slide. Airlines including Air France KLM and hotel groups like Accor suffer declines while Asia and Europe tighten travel safeguards and tourism slows.
MENTIONED IN THIS ARTICLE
Europe
Air France-Klm
Pork industry says pork safe amid swine flu concerns
U S pork producers and the National Pork Board assure the public that pork is safe to eat as nations tighten pig and pork import screening. CDC notes swine flu viruses are not spread by food and proper cooking kills the virus at 160 degrees or higher.
MENTIONED IN THIS ARTICLE
Boston
U.S
National Pork Board
Americas
Mexico
New York
California
Texas
Kansas
American Greetings posts quarter loss amid impairment charge
American Greetings Corp reports a 50.1 million dollar fourth quarter loss with a 1.13 dollar per share deficit after a 42.6 million dollar goodwill impairment and layoffs. Annual sales fall five percent to 1.69 billion. Kroger reinforces 2009 outlook citing broad brand portfolio and customer targeting in New York conference.
MENTIONED IN THIS ARTICLE
Cleveland
American Greetings Corp
Card Company
NYMX
New York Exchange
Pork Bellies Board of Trade
CME
Amercan
BalAm
BondAm
Mih
Eurpacgramfb
FiinvAm
Grthama m LG
Incamera m MA
Invcoama m LV
WA Mutinya m
Dodge & Cox
Cox
Contra
Fidelity Divinnt
Pimco TotRetAm
Pimco TotRetAdmi
Vanguard
Leola Pe
Aisin
Chen
Ewe Roos
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Associated Press
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Anne D'innocenzio
S&P/Case
Standard & Poor's
Paris
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Accor SA
Sofitel
United States
Agustin Carstens
World Bank
Robert Zoellick
Pork Industry
Mark Jewell
Ohio
Centers For Disease
Granjas Carroll de Mexico
Xicaltepec
Veracruz
American Greetings
Kroger Backs
Cincinnati
Kroger Co
Barclays Capital Analysis
the Market IN Review
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Dany Dow Jones
Dow Industrials
Dow Transportation
Dow Utilnes
Wistwre
Tad
LSS
Aarons
Prgschultz
GM Nist
Tanehy
Taseko
Fiainbird
Spor Fneit
Dndreon
SunMicro
Prouusnire
Al -175
Prounre NY
Nash
Goodrich
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