Goodyear chair Gibara resigns. Keegan to lead
AKRON AP Samir G Gibara announced resignation as of June 39 at Goodyear’s annual meeting. Robert J Keegan, hired from Eastman Kodak in 2000, will become chairman and keep roles as president and CEO. Goodyear faces a turnaround after an $11 billion annual loss amid leadership changes. DETROIT AP JD Power study finds no gain in average quality for 2003 model year. Toyota tops overall quality with 115 problems per 100 vehicles. Lexus leads nameplates at 96 per 100.
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AKRON
Goodyear Tire & Rubber Co
Samir G. Gibara
Robert J. Keegan
Gibara
Eastman Kodak Co
Goodyear
Detroit
Toyota Motor Sales USA Inc
J.D. Power and Associates
Toyota
Cadillac
Beauty store owner wins Elyria business award
Kirkland Grantham, ex-prison guard turned owner of Infiniti Hair Care Needs and Accessories, received the Businessman of the Year Award from the Elyria Club of Negro Business and Professional Women. His family runs the store at 1407 East Ave as he handles finances and expansion.
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Elyria
Elyria Club of
Kirkland Grantham
Infiniti
Willie Evans
Grantham
Evans
Kirkland
East Ave
Infiniti Hair Care Needs
Elyria Club of Negro Business and Professional Women
Ex-Enron executive surrenders on insider trading charges
Rex T. Shelby, 51, former Enron Broadband Services VP, turned himself in to the FBI on fraud, money laundering, insider trading and conspiracy counts. Prosecutors say the group earned about 186 million from stock sales while the unit failed, with a $1 million bail set and multiple co-defendants.
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Enron Broadband
Kenneth Rice
Joseph Hirko
Kevin Hannon
F. Scott Yeager
Shelby
Rice
Enron
Stocks Slip After Cisco Results And Profit Taking
Stocks dipped as Cisco's revenue drop sparked selling while investors booked profits from last week's rally. Dow fell 27.73 to 8560.63. Nasdaq off 16.95 to 1506.76. S&P 500 down 4.77 to 929.62. Cisco slid to 15.50 after a disappointing quarter though earnings slightly beat estimates.
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New York
Cisco Systems
Wall Street
Cisco
Alan Ackerman
Fahnestock & Co
Standard & Poor
Iraq
S&p
Stephen Carl
Williams Capital Group
Carl
Dollar Hits Mixed Trading Amid Global Rate Hopes
The dollar paused losses against the euro and edged higher against the pound as fears of a Bank of England rate cut weighed on sentiment. The FOMC warned that deflation could hinder growth, keeping dollar volatility in focus. In equities, Coca Cola rose after an upgrade, while the Russell 2000 slid as major indices moved lower in Europe and Asia.
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New York
Dow Jones
Bank of England
Tim Mazanec
Investors Bank and Trust
Boston
Federal
Open Market Committee
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Ohio
ER Department
EMH
East River Street
Emh-Healthcare.org
Rex T. Shelby
Lamar
Amylin Pharmaceuticals
R.R. Donnelley
Coca-Cola
Morgan Stanley
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Japan
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