Cummins expects to post loss
Article Abstract:
Cummins Inc. is expecting to report a loss for the 2000 fourth-quarter period. The company, which is attributing the loss to a major engine demand decline, is taking a $160 million (179 million euros) restructuring charge.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Cummins to Slice Engine-Unit Jobs As Demand Falters
Article Abstract:
Columbus, Ind.-based Cummins Inc. will lay off 350 workers as part of a major reorganization strategy. Cummins, which has reported a falling stock price, has been hurt by a steady decline in the heavy-truck engine market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Zurich Financial to sell parts of U.S. subsidiary
Article Abstract:
Zurich Financial has reached a deal to sell part of its Zurich Life unit to Bank One Corp. The deal is valued at $500 million (424.3 million euros).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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