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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 26, 2012

Page

9

Ford struggles in Europe as losses mount in 2012 outlook

Ford reports a 57 percent drop in second quarter net to 1 billion with a 404 million Europe loss. European sales hit 20 year lows amid debt crisis and slow economy, prompting talks of layoffs and plant closures. Morgan Stanley’s Adam Jonas notes underutilized capacity as Ford weighs restructuring including Southampton and Genk plants.

Dearborn Mich Ford Europe Bob Shanks North America Morgan Stanley Auto Adam Jonas Dow Industrials Dow Transportation Dow Utilities NYSE Nyse Met S&p Wilshire Russell Nyse Nyse Mkt Nasdag InvenSen Nevsung LumberLig NGS EnPt Crexendo Selecticn Unisys TelinstEl RecovEnrs Grace GoldenMin Royal Bcpa JaprNtwk Alderonirg Aware Nielsenh SEC iRobot Watscob Netflix Ishs TripAdv IntiGame Orbital RF Mid USG OrientPap Questcor DiceHidg LGL Grp Tessco Watsco RevettMin CarverBrs WellPoint SynthBiol Ctrip.com Cbiz Inc PacBkrMg Polycom HealthNet Pyramid Oil Re Br NavideaBio Zyngan Corning IsoRay Micront Citigroup Atat Inc Microsoft Netflix Nasd Apple Inc NY Nexen G BkolAm NiSource NY Ipvix NY NokiaCp NY Bob Evans Nordson Cedarf NY Northropg NY CattryLink NY Oracle Nasd Asco. Nasd PNC NY Citigroup NY ParkerHan NY Corning NY PolyOne NY CineEquity NY PwShs ProctGam NY FirstEngy NY PulteGrp NY FstMerit RPM NY Fordm NY Fmcg NY RegionsFn NY GenElec NY S&p500etf NY SearsHidgs Nasd GenOn En NY Sherwin NY Goodrich NY Siriusxm Ishemkts NY Spdr Fuel NY Ishr2k NY SP Inds NY Intel Nasd IntiGame NY Steris NY Invacare NY Symantec Nash Jpmorgch NY Ussteel NY Vale SA NY Keycorp NY WalMart NY LNB Bnep Nasd Weathtint NY Limited Wells Fargo NY Lowes Wendys Co NYMX Galle Cme New York Mercantile Exchange CBOT Chicago Board of Trade CME Chica Pvereso de Uice Exchange NYBT New York Board of Total Assets American Funds Bala m MA Capincbua Mih Cpwidgria Mws Eurpacgra Mfb FninvAm Grthama m LG Incamera m MA Dodge & Cox IntiStklv Dodge & Cox Stock Contra LG FrankTemp-Franklin Income FrankTemp-Templeton GlBondAdv IB Pimco TotRetAdm Pimco TotRetis Vanguard Instrux Vanguard MuintAdm Mi Ieee The

PepsiCo profits dip as price hikes yield mixed results

PepsiCo reports a 21 percent drop in second quarter net income, though results beat expectations as higher advertising and new products aim to cement brands like Pepsi and Gatorade. North American soda volumes fell 4 percent while worldwide sales rose 5 percent excluding acquisitions and FX effects.

New York PepsiCo Wall Street PepsiCo Inc U.S Americas Beverage Purchase N.Y Pepsi Next Citi Wendy Nicholson Pepsi

Drought to push up US food prices in 2013 say USDA

The USDA forecast 2013 food price inflation of 3 to 4 percent driven by drought spreading across half the country. Beef and dairy lead the increases with beef up 4 to 5 percent and dairy 3.5 to 4.5 percent while poultry and pork rise 3 to 4 percent and 2.5 to 3.5 percent respectively.

USDA Minneapolis U.S. Department of Agriculture Richard Volpe Volpe

Irano Hind Shipping dissolves under sanctions pressure

The Indian Iranian venture Irano Hind Shipping Co founded in 1974 with India's Shipping Corp. will cease operations after sanctions hinder its seven vessel fleet. The board decision requires approval from India, Iran and the U.N. as Washington intensifies economic pressure over Iran's nuclear program.

Dubai United Arab Emirates Tehran Irano Hind Shipping Co India Washington Iran Islamic Republic Irano Hind U.S U.N Asia

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Jonas Southampton England Genk Belgium Ford Stamping Plant Chicago Heights Ill Blair Neb the Market IN Review Dow Jones
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