Tweet Mazda and its dealers are hard at work preparing for increased traffic when consumers can take advantage of the government’s new Car Allowance Rebate System (CARS), also known as cash for clunkers, later this month. Mazda expects incremental sales increases as a result of the new CARS incentive program. Under the CARS program, an [...]
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Tweet ZIM Corporation (OTCBB: ZIMCF), a provider of software products and services for the database and mobile markets: today announced its financial results for its fiscal year ended March 31, 2009. All figures presented are calculated in accordance with generally accepted accounting principles (GAAP) in the United States and presented in US dollars. Revenue for [...]
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Tweet Emerson Radio Corp. (NYSE Alternext US, LLC: MSN) has reported financial results for its fourth quarter and full year ended March 31, 2009. As a result of the Company’s sale of its membership in the ASI joint venture in April 2009, the results of operations of the Company’s membership interest in the ASI joint [...]
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Tweet Bosch has invested approximately $8 million to renovate its vehicle test track in Flat Rock, Mich., to provide a state-of-the-art facility that will be used to test a variety of innovative automotive technologies. The renovation included repaving and expanding the surface size of the site’s Vehicle Dynamics Area, and reconfiguring the test facility to [...]
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Tweet CoBiz Financial Inc. (Nasdaq: COBZ) has announced a net loss of $15.8 million for the second quarter of 2009. Including dividends on the Company’s preferred shares held by the U.S. Treasury, the net loss available to common shareholders was $16.7 million or $0.72 loss per fully diluted share (EPS) for the second quarter of [...]
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Tweet Blockbuster Inc. , a global leader in entertainment, and Samsung Electronics America, Inc., a market leader and award-winning innovator in consumer electronics, today announced they are joining forces to enable consumers to access Blockbuster’s vast and growing library of premium digital entertainment via select new Samsung HDTVs, home theater systems and Blu-ray players. The [...]
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Tweet The reconstituted new GM has given up all its previous regional operation systems and withdrawn the establishment of operational areas in Latin America, Europe, North America and Asia Pacific. It has settled its global operational base in Shanghai instead, coordinating its operations in various areas around the world, demonstrating the profound emphasis GM has [...]
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Tweet When the new Goodyear Wrangler MT/R with Kevlar was introduced earlier this year, company officials emphasized the rugged toughness and enhanced sidewall puncture resistance of the tire. While the product is primarily intended for off-road enthusiasts who enjoy weekend four-wheeling in mud, sand, rocks and dirt, it also is proving its worth as a [...]
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Tweet M&T Bank Corporation (“M&T”) (NYSE: MTB) plans to announce its second quarter 2009 earnings results in a press release that will be issued before the market opens on Monday, July 20, 2009. Following the release, M&T will conduct a conference call and webcast at 10:00 a.m. (EDT) to discuss the earnings results. The conference [...]
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Tweet Symphony Technology Group (STG), a leading private equity firm, and Elliott Management Corp., a $14 billion private investment firm, today announced that affiliates of STG have entered into a definitive agreement with MSC.Software Corporation (MSC) to acquire all of MSC’s outstanding shares in a one-step all-cash merger transaction valued at approximately $360 million. Under [...]
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