Hoover name to endure under new ownership and brands
Techtronic Appliances Holdings completes purchase of Hoover from Whirlpool for 107 million dollars. The Hoover name will coexist with Dirt Devil and Royal brands as TTI plans a Glenwillow Ohio HQ and a global R D center creating about 110 jobs.
MENTIONED IN THIS ARTICLE
Cleveland
England
Hoover Co
Hoover
Royal
Joseph Galli Jr
Techtronic Appliances Holdings Co. Ltd
Techtronic Industries Co. Ltd
Whirlpool Corp
Murray Spangler
Spangler
W.H. “Bass
Chicago Pacific Corp
Maytag Corp
Chicago
Aoneres Industries Co. Ltd
Whirlpool
North Canton
Glenwillow
Geveland
TTI
Royal Appliance
Dirt Devil
Regina
R&d Center
Dyson and
Bissell
Chris Gurreri
Gurreri
Dyson
Gurrezi
U.S. Census Bureau
Bush plan would cut subsidies for top farmers
Washington report says a Bush administration proposal would slash agriculture spending by 18 billion over five years. It targets high earners with adjusted gross income above 200000, cutting off about 80000 recipients, including notable figures and absentee owners, to reshape the farm support system.
MENTIONED IN THIS ARTICLE
Washington
Bush
Chuck Conner
Ken Cook
Environmental Working Group
Cook
CNN
Ted Turner
Congress
Memphis
Delphi talks loom past deadline amid debt restructuring
Delphi Corp faces a likely deadline drift as negotiations with unions GM and investors continue without an agreement. Appaloosa, Cerberus, Harbinger, Merrill Lynch and UBS are ready to invest 1.4 to 3.4 billion to restructure Delphi, contingent on labor settlements. Delphi has 8000 Ohio hourly workers and remains in bankruptcy since 2005. Platinum Equity named primary bidder for its steering and halfshaft unit.
MENTIONED IN THIS ARTICLE
Detroit
Delphi Corp
General Motors Corp
Appaloosa Management LP
Cerberus Capital Management LP
Harbinger Capital Partners Master Fund I
Merrill Lynch & Co
UBS Securities LLC
Delphi
Ohio
United Auto Workers Union
Platinum Equity
Beverly Hills
PolyOne reports lower Q4 2006 net income
Avon Lake based PolyOne Corp reports fourth quarter 2006 net income of 14 million dollars or 15 cents a share on revenue of 395.2 million dollars, down about one third from year earlier as automotive and construction markets slow. The company forecasts a rebound in Q1 2007 but remains affected by soft demand.
MENTIONED IN THIS ARTICLE
Avon Lake
PolyOne Corp
PolyOne
Oo Ling
Stephen D. Newlin
Dell names Michael Dell as chief executive officer
Dell Inc. announced Michael Dell will return to run the company amid recalls and weak earnings. He replaces Kevin Rollins who resigned from the board as Dell stock rose after the surprise leadership move.
MENTIONED IN THIS ARTICLE
Dallas
Dell Inc
Michael Dell
Dell
Kevin Rollins
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Brand Planned
Connie Mabin
Associated Press
Hoover History
Libby Quaid
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Craig Fortin
New Home Depot
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Leavitt
Roads
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PolyOne Net Incom
Imers
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Delta
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Uscret
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Intel
Oo Atat Inc
Gnémud
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CMT
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Nice
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