a company in which five or fewer people control more than half the voting shares, or in which such control is exercised by any number of people who are also directors
The Ford Motor, plant in Edison will close its doors for good on February 27, eliminating 900 jobs. The facility, built in 1948, currently manufactures the Ranger pickup and Mazda B-series trucks. Back in December of 2001, the company announced the elimination of its second shift, cutting the workforce down...
OKLAHOMA CITY AP -- The local PSINet office will apparently close, despite company assurances that no offices in the state would be shut down even though the company has declared bankruptcy.
Packaged-food maker ConAgra Foods Inc. announced plans to close two manufacturing plants and expand another while cutting about 200 jobs. The changes are part of a reorganization plan the Omaha-based company announced in March last year. ConAgra said it would close 10-12 plants as part of an effort to streamline...
A JAPANESE electronics company has announced plans to close its north-east plant, with the loss of at least 400 jobs, citing the strength of the pound against the euro as a factor. Sumitomo Electric Wiring Systems said its plant near Sunderland, a main supplier to the nearby...
Summary for the week ended March 22, 2001 [TABULAR DATA NOT REPRODUCIBLE IN ASCII] HTT STOCK INDEX(*) Close: 1572.19 Change: -9.73% DOW JONES INDUSTRIALS Close:...
Summary for the week ended March 7, 2001 [TABULAR DATA NOT REPRODUCIBLE IN ASCII] HTT STOCK INDEX(*) Close: 1788.80 Change: 7.36% DOW JONES INDUSTRIALS Close: 10729.60 ...
LOUISVILLE, Ky.--BUSINESS WIRE--Oct. 21, 1999-- DMI Furniture, Inc., (NASDAQ: DMIF) today announced that it intends to close its furniture manufacturing plant in Ferdinand, Indiana (aka Plant 4). The Company intends to close the Ferdinand plant by the end of December. It is anticipated that the Company will incur...
VANCOUVER, British Columbia -- Drucker, Inc., a Delaware corporation (OTCBB:DKIN) (the "Company") is pleased to announce that the Company has filed an Information Statement, or Schedule 14C to close the acquisition of BK. In addition, the Company has received majority stockholder approval for the actions required to close the transaction.
Rupert Murdoch's News Corp. is close to revealing plans to consolidate the company's satellite industry holdings into a single publicly traded company, the New York Times reported Friday. The company has previously said that by the end of this month it expects to file a prospectus for...
JACKSONVILLE, Fla. -- Winn-Dixie Stores Inc. has announced plans to close or sell another 35 stores. The company, which filed for Chapter 11 bankruptcy protection last year, had already decided to sell or close 326 stores. "Over the past several months we have thoroughly reviewed our store base...
Knight Ridder/Tribune Business News Jan. 16 -- MONTGOMERY WARD TO CLOSE 39 STORES: Montgomery Ward & Co. Inc. will close 39 stores and cut about 4,000 jobs as part of a restructuring plan aimed at boosting the struggling retailer's sales and profits. The Chicago-based...
The ‘close of sale’ is, perhaps, the most significant aspect of a sales process. The entire sales process is dependent on the aforesaid aspect. The ‘close of sale’ clinches a ‘sales deal’. It is important for the salesperson to gauge the mood and the situation for effecting the ‘close of...
Summary for the week ended February 8, 2001 [TABULAR DATA NOT REPRODUCIBLE IN ASCII] HTT STOCK INDEX(*) Close: 1726.27 Change: -0.15% DOW JONES INDUSTRIALS...
NORDIC BUSINESS REPORT-4 February 2004-SEB close to acquiring Danish credit card company PBS International A/S - reportC1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish financial group SEB is reportedly close to acquiring the Danish credit card company PBS International A/S. According to the Danish newspaper Borsen, quoted by the...
Kellogg Company will close the south operations of its Baffle Creek cereal plant, with the process beginning late this year and concluding in the first quarter of 2000. Kellogg said the action will result in the elimination of approximately half of the current 1,100 hourly and salaried positions at the...
NEW YORK - Saks Fifth Avenue will close its store in Owings Mills, Md., at the beginning of the year. The decision to shutter the 90,000-square-foot unit is part of a decision to concentrate on stores and markets where it gets a "higher return...