Goodyear reports Europe accounting issues and stock drop
The Associated Press reports Goodyear Tire & Rubber probes possible improper accounting in Europe as the company delays its amended 10-K to the SEC. Shares fell on the NYSE, after hours and intraday, amid a turnaround plan including job cuts and debt financing. The United Steelworkers contract ties financing to debt reductions, with union monitoring the situation.
MENTIONED IN THIS ARTICLE
AKRON
Goodyear Tire & Rubber Co
Europe
Securities and Exchange Commission
Goodyear
New York Stock Exchange
Ting
United Steelworkers of America
SEC
Keith Price
Price
Goodyear Tire and Rubber Co
Kroger workers OK contract ends WV, KY, OH strike
Kroger workers in West Virginia Kentucky and Ohio voted 962 to 717 to approve a new contract ending a two month strike with United Food and Commercial Workers Local 400. The pact raises health care cost containment while enabling stores in Gauley Bridge Pomeroy and Gallipolis to stay closed until recalls proceed.
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Charleston
Wva
Kroger Co
West Virginia
Kentucky
Ohio
Cincinnati
United Food and Commercial Workers Local 400
Gauley Bridge
W. Va
Pomeroy
Gallipolis
Pete Williams
Kroger
Mid-Atlantic
Belpre
Marietta
Proctorville
Retail sales rise 0.9 percent as economists see durable recovery
U S shoppers fueled by higher consumer spending push retail sales up 0.9 percent in November, the strongest gain since August and above forecasts. The gain comes after declines in September and flat activity in October, signaling improving economy and consumer optimism. Dow climbs while unemployment claims rise modestly to 378,000, suggesting layoffs stabilizing. October inventories rise 0.4 percent, with business sales up 0.7 percent in October following September 0.9 percent gain.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Rosalind Wells
National Retail Federation
Wall Street
Labor Department
Qwest and AT&T to offer residential Internet phone service
Qwest begins offering Internet phone to some customers in the Minneapolis area with plans to expand in 14 states next year. AT&T will roll out consumer Internet calling in early 2004 in select major cities, joining Time Warner Cable and other providers in a growing shift to voice over IP to cut network costs.
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Minneapolis
Qwest Communications International Inc
Baby Bell
At&t Corp
Time Warner Cable
At&t
MCI
Qwest
Minneapolis-St. Paul
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Associated Press
Kroger Workers OK
Local 400
Jim Lowthers
Gary Donaldson
Morgantown
Wal-Mart
Williams
Wiliams
Dale Price
Tracey Harper
Kelley Drumheller
Charleston Civic Center
W.va
Dow Jones Inc
Hama
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Wesree
Stoe
Pe Naspaa
Ios Ao
LanVexon
GaldFisy Cn
Golster Foodyear
ColPacat
Nealon Rs
Minoan Ss
Fortin Ne
Brho Ag
AmerCom
Psitech
Lodgann
Weatehall
EainVen
Nedavilen
Lest Lucent
Wicrasoft
GerElec
Sco
GodSirg
SunMicn
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Eagleflond
ADC
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Ai HS
PEA
Dodge
Vancuard Fes Welt Ist Ab
Fiderty Invest
GroGo Xg
Vaniprard Veix
Feds TeotStk
Eqine
Amer Cerauxy Tir Ura
ESC
Fidedty Invest
Fidety Invest
Punt
Jamencan
Capibap
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Follnva P
Enbottom
Lapeer, Inc
U.S
Pest
Weste
WEN Weekraes Fund
Aasccated Press
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