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CNF Reiterates Third-Quarter Guidance
Click here to write a Letter to the Editor. NF Inc. said late Thursday that it continues to expect its third-quarter earnings from continuing operations to be between $1 and $1.08 per share, the same as its previous guidance issued in July.
September 16, 2005Consumer Sentiment Index Plummets Following Katrina
Click here to write a Letter to the Editor. he University of Michigan’s preliminary consumer sentiment index for September fell to 76.9 from 89.1 in August, the biggest one-month drop since 1980.
September 16, 2005Polar Air Cargo Pilots Go on Strike
Polar Air Cargo crewmembers went on strike early Friday, the company and the union representing its workers said in separate statements.
September 16, 2005David Oren to Become Dart Transit's President
Dart Transit Co. said Thursday that David Oren will become the company’s president effective Oct. 1. Current president Donald Oren will become chairman of the company’s board.
September 16, 2005Gulf Oil Production Could Rebound by Late October
Click here to write a Letter to the Editor. .S. oil and natural gas production could be back at pre-Hurricane Katrina levels by the end of October but it will take even longer for that production to make it to market, Reuters reported Friday.
September 16, 2005Crude Oil Prices Continues to Slide on Weaker Demand
Click here to write a Letter to the Editor. rude oil prices fell for the fifth day in six on signs that higher prices are slowing global demand, Bloomberg reported.
September 16, 2005Philadelphia Fed's Manufacturing Index Drops
Manufacturing growth in the Philadelphia area fell more than expected this month, the Federal Reserve Bank of Philadelphia said Thursday.
September 15, 2005Yellow Roadway Finalizes China Freight-Forwarding Venture
Yellow Roadway Corp. said Thursday it had finalized formation of the China-based freight forwarding venture it first announced in June.
September 15, 2005ArvinMeritor to Move Oklahoma Plant Operations to Mexico
Click here to write a Letter to the Editor. eavy-duty components maker ArvinMeritor said Wednesday will move the shock and strut portion of its manufacturing operations from its Chickasha, Okla., facility to Mexico to cut costs.
September 15, 2005Paccar Boosts Dividend
Click here to write a Letter to the Editor. ruck maker Paccar Inc. boosted its quarterly dividend 19% to 25 cents a share following record profits in the first half of the year.
September 15, 2005