Tag Archives: NYSE:SLE

General Motors’s (GM) Indian Unit Stops One-Day Production to Avoid Stock Buildup

General Motors Co.’s (NYSE:GM) India division would stop vehicle production for a day at both its plants this week to lower piling stocks among unenthusiastic demand in Asia’s third-biggest automotive segment.

We are lining up production on a daily basis …

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General Motors (GM) to Cut Pension Requirement 20%

General Motors (NYSE:GM), the biggest US vehicle manufacturer, reported that it plans to lower its pension obligation by nearly a fifth by providing lump-sum payments to almost 42,000 salaried retirees and changing initiatives to a Prudential Financial unit.

The announcement, …

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Toyota Motor (TM) Trims Directors Salaries by 43% – TM, F, GM, SLE, XRX, PG, PAY, TTM, GIS

Toyota Motor Corp. (NYSE:TM) sliced salary given this past year to its 27 directors up to Y972 million, which was 42.8% lower from the last year, as the Japanese auto giant performance worsened in the business year to March 31, …

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International Paper (IP) Confident About Next Three Years – UFS, MWV, SLE, DLPH, GT, PAY, KFT, KO

International Paper Co. forecasted Thursday its pretax earnings will amplify by 38% over the coming three years or so, as the firm increased its cost reduction objective from the integration of recently purchased cardboard box marker Temple-Inland Inc.

International Paper …

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General Mills (NYSE:GIS) Inks Deal to Acquire Yoki Alimentos of Brazil; Terms Undisclosed – K, SENEA, F, MO, PVH, XRX, SLE, HNZ

General Mills, Inc. (NYSE:GIS) announced Thursday it would give an undisclosed amount to purchase Yoki Alimentos S.A., a privately-held food firm with 5,000 employees headquartered in Sao Bernardo do Compo, Brazil.

General Mills anticipates the agreement to complete during the …

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Sony (NYSE:SNE) Posts Fourth Straight Annual Loss – PHG, PC, SLE, MAT, ADM, GT, PCAR, CROX

Sony Corporation (ADR) (NYSE:SNE)’s shares declined 7.1% to their lowest level in more than three decades Friday, following the Japanese conglomerate posted its fourth straight yearly loss.

Even though the net loss of 456.7 billion yen ($5.7 billion) for …

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