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	RUBRIC NEWS : "ENTERPRISES NEWS"

23 Dec 2009 10:32

U.S. Helped Delta Insurers Pay $264 Million Crash Settlements : U.S. taxpayers paid a fifth of the $264 million to resolve lawsuits against Delta Air Lines Inc.’s Comair regional carrier, after a safety board partly blamed federal regulators for a ...

17 Dec 2009 09:59

Bank of America Names Moynihan as Next Chief : Bank of America Corp., the biggest U.S. lender, promoted Brian T. Moynihan to chief executive officer, opting for an insider to repair the company after the tumultuous takeover of Merrill Lynch & Co. ...

17 Dec 2009 09:55

Citigroup shares sale planned by US government 'halted' : The US Treasury has reportedly backed out of plans to sell part of its 34% stake in troubled US bank Citigroup. Citigroup said on Wednesday that it would sell shares at a steep discount to raise the cash it needs to repay $20bn of the bail-out it received. ...

07 Dec 2009 09:29

Airbus wins commitments worth US$5.3 billion at Dubai Air Show : During the 2009 Dubai Air Show, Airbus announced commitments across its broad product range covering a total of 33 aircraft, valued at over US$5.3 billion. These commitments include firm ...

04 Dec 2009 10:18

GM Names Reuss to Head North America Ops, Reilly in Europe : General Motors Co. Chairman Ed Whitacre Jr. made engineering chief Mark Reuss president of GM’s North American operations, and named Nick Reilly to lead European operations. Whitacre also said Vice Chairman Bob Lutz will be an adviser on design and product development. GM announced the changes in a statement on its Web site. ...

30 Nov 2009 10:23

Automakers May Signal Recovery With Second 2009 U.S. Sales Gain : U.S. auto sales may run at a faster pace in November from a year earlier for just the second month in 2009 in a sign that the industry is starting to rebound. The seasonally adjusted annual rate will be 10.5 million cars and light trucks, the average estimate of 7 analysts in a Bloomberg survey. That would be up from 10.17 million in November ...

26 Nov 2009 09:51

Toyota’s Recalls Test Promise to Make ‘Better Cars’ : Toyota Motor Corp. plans to fix accelerator pedals on 4.26 million vehicles in the U.S., its biggest recall, as the world’s largest automaker works to fulfill a vow to “make better cars.” ...

US Airways defers delivery of 54 aircraft : US Airways is delaying delivery of 54 Airbus jets until at least 2013 as it tries to bolster its financial strength. The Tempe, Ariz. company says that instead it will take delivery of 28 planes over the next three years. It has financing in place for the purchases. ...
24 Nov 2009 10:20

24 Nov 2009 10:00

Toyota Said to Plan Moving Some Jobs From California : Toyota Motor Corp. may move some U.S. jobs out of California to cheaper states as declining sales force the world’s biggest carmaker to cut costs and reorganize operations, two people familiar ...

18 Nov 2009 09:26

Sprint Nextel Says It Paid Down $1 Billion in Debt : Sprint Nextel Corp., the third- largest U.S. wireless carrier, finished paying off a $4.5 billion loan, helping lower expenses to counter a shrinking subscriber base. The $1 billion payment eliminates outstanding debt on a revolving credit facility, Overland Park, Kansas-based Sprint said today in a statement. The company had $5.9 billion in cash at the end of the ...

16 Nov 2009 09:33

GM reports $1.2B loss, says it shows progress : General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous quarters and a sign that the auto giant is starting to ...

12 Nov 2009 09:53

Toyota Motor Sales, USA, Inc. Joins U.S. Environmental Protection Agency WasteWise Program : Toyota Motor Sales, USA, Inc. (TMS) announced today that it has joined U.S. Environmental Protection Agency's (EPA) WasteWise program. As the first national ...

Chrysler Cooling to Idea of Making, Selling Alfa Romeos in U.S. : Chrysler Group LLC is cooling to the idea of U.S. assembly and sales of Alfa Romeo sports cars, the premium brand of new parent Fiat SpA, under a five-year business plan that focuses on ...
12 Nov 2009 09:48

12 Nov 2009 09:46

Macy’s Reports Loss; 2009 Forecast Trails Estimates : Macy’s Inc., the second-biggest U.S. department-store chain, reported a third-quarter loss and forecast full-year earnings that trailed analysts’ estimates, pushing its shares down the most in ...

United States Cellular Corp (USM) President and CEO John E Rooney sells 6,000 Shares : President and CEO of United States Cellular Corp (USM) John E Rooney sells 6,000 shares of USM on 11/09/2009 at an average price of $39.31 a share. United States Cellular Corporation is the eighth largest wireless company in the United States, based on the aggregate number of customers in its consolidated ...
11 Nov 2009 07:27

Barclays, Bank of America Vie for India Stock Sales : Reliance Industries Ltd., India’s most valuable company, found oil in a block in the western state of Gujarat and is assessing the commercial viability of the discovery, which may help increase ...
10 Nov 2009 10:30

10 Nov 2009 10:13

GM to boost production in Canada : General Motors Co said on Monday it would invest C$90 million ($85 million) to boost production at a joint venture plant in Canada where it builds two popular crossover utility vehicles. GM also said it would bring back about 150 laid-off workers to the CAMI Automotive plant in Ingersoll, Ontario, a joint venture with Suzuki Motor Corp that has about 2,000 hourly employees. ...

09 Nov 2009 10:05

India's Reliance 'in talks for major US takeover : Indian refining giant Reliance Industries is in talks with stricken US petrochemicals group Lyondell-Basell to buy some of its US assets, a source told AFP on Monday. The purchase, which would signal the cross-border acquisition market is picking up again after the global financial crisis, is under discussion and might be announced this month, the source said. ...

05 Nov 2009 10:17

Hyatt’s Offering Boosts IPO Market After Deals Fail : Hyatt Hotels Corp., the chain controlled by Chicago’s Pritzker family, raised $950 million in the third-largest U.S. initial public offering this year, after bankers in the past week were forced to ...

Bank of America is searching for a new chief executive officer : Bank of America is searching for a new chief executive officer. Al de Molina, a former Bank of America executive and current GMAC CEO, is on the short list -- or off, depending on the ...
04 Nov 2009 10:21

T-Mobile Reports Voice, Data Service Outage for 5% of Customers : T-Mobile USA Inc., the U.S. wireless- phone unit of Deutsche Telekom AG, reported a service outage last evening on its voice and data network. The company deployed teams to fix the disruption, Bellevue, Washington-based T-Mobile reported on its Web site. ...
04 Nov 2009 10:15

03 Nov 2009 09:45

Stanley to Buy Toolmaker Black & Decker : Stanley Works agreed to buy Black & Decker Corp. for about $3.5 billion, combining the two largest U.S. toolmakers in an all-stock transaction that would reduce costs by $350 million annually. ...

T-Mobile USA Launches Motorola CLIQ with MOTOBLUR in Stores Beginning Today : T-Mobile USA, Inc. today announced the national availability of the Motorola CLIQ™ with MOTOBLUR™, the first Android™-powered device from Motorola and the only device to ...
03 Nov 2009 09:40

The Allied Defense Group Announces $10.7 Million in Ammunition Contracts for Mecar USA : The Allied Defense Group, Inc. (Amex: ADG - News) announced that its subsidiary, Mecar USA, has received ammunition contracts totaling $10.7 million. The largest ...
27 Oct 2009 10:36

27 Oct 2009 10:34

Kentucky USA Energy, Inc. Begins Commercial Gas Sales to Seminole : Kentucky USA Energy, Inc. (the “Company”) (OTCBB: KYUS - News), announced today that the Company has started producing and selling natural gas to Seminole Energy Services, LLC ...

27 Oct 2009 10:32

Philip Morris USA raises cigarette prices : Philip Morris USA has raised prices on its top selling Marlboro and other brands, a company spokesman said on Monday. The unit of Altria Group Inc is raising the price it charges wholesalers for Marlboro, Basic and L&M cigarettes by 6 cents a pack and the rest of its brands by 8 cents, Altria spokesman William Phelps said. ...

26 Oct 2009 10:07

Mercedes-Benz USA Signs Multi-Year Partnership for US Open : MONTVALE, N.J., Oct. 26 /PRNewswire/ -- Mercedes-Benz USA (MBUSA) announced a multi-year marketing partnership with the USTA that designates Mercedes-Benz the "Official Vehicle of the US Open" ...

India's Ranbaxy posts profit despite US import ban : MUMBAI, India (AP) -- India's largest drug maker, Ranbaxy Laboratories Ltd., on Monday reported a $24 million quarterly profit as emerging market sales and cost cutting helped compensate for sharply ...
26 Oct 2009 10:05

USA Mobility Sets Date to Report Third Quarter Operating Results : ALEXANDRIA, Va.--(BUSINESS WIRE)--USA Mobility, Inc. (Nasdaq: USMO - News), a leading provider of wireless messaging and communications services, today announced it will report operating ...
23 Oct 2009 09:45

20 Oct 2009 07:55

Cancer-Free Smokers Can Sue Philip Morris, Court Says : ct. 19 (Bloomberg) -- Philip Morris USA can be sued by cancer-free smokers seeking a court order that the company pay for medical monitoring for signs of the illness, the highest court in ...

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