ClubLink a favourite to hit the green

Article Abstract:

ClubLink Corp. of King City, Ontario, has seen stock price decline after a ten-month growth, along with analysts and market approval for every its made in 1997. The company was supported from its announcement in early 1998 it bought ten public golf courses and to news it acquired land for new golfing resorts in Muskoka area in Ontario. The decrease in company stock price was dismissed by majority of analysts following ClubLink as temporary poor round and project a healthy recovery in the future. However, an analysts maintained the business of the firm is dependent on the economy and ties the recent pessimism on a looming slowdown in the economy as a whole.

Comment:

Sees stock price decline after a ten-month growth, along with analysts and market approval for every its made in 1997

Nature Parks and Other Similar Institutions, Recreation Areas, ClubLink Corp.

---

Boeing hands out first round of layoff slips

Article Abstract:

Boeing Co., the Seattle, WA-based aircraft manufacturer, started handing out layoff slips to 134 employees at its plant in Mississauga, Ontario, which produces wings for three makes of airplanes that Boeing is planning to discontinue in 1999. Eventually, at least 1,400 of the plant's 2,000 workers will lose their jobs. The 134 laid-off employees were involved in producing components used early on in the wing-building process. The Mississauga facility became unnecessary after Boeing's 1997 acquisition of McDonnell Douglas Corp. which owned the plant.

Comment:

Starts handing out layoff slips to 134 workers at Mississauga, Ontario, plant which produces wings for 3 makes of airplanes

Labor force information, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Aircraft Parts NEC, Aircraft parts, Boeing Co.

---

CEO takes blame for Laidlaw decline

Article Abstract:

Laidlaw CEO and president James Bullock said that adopting a multifacted strategy of turning a waste management firm into a health care and transportation company has resulted in its loss of focus. The company, which made C$340 million in 1998, derives 45% of its revenue from its healthcare operations and 45% from bus operations. Laidlaw said that will sell its health care and industrial recycling businesses to focus on transportation. The company expects to net C$2 billion from the sales of these divisions.

United States, Waste Management and Remediation Services, Pollution Control, Laidlaw Inc.

Similar abstracts:

• Abstracts: ClubLink acquires land for new golf courses. Med-Chem lenders demand repayment of $40-million. Condos at crossroads?
• Abstracts: Spain asks Boliden to reopen mine. Trelleborg expects Boliden holders to pay. Arbitragers bet against Zemex bid
• Abstracts: Eaton's boosts earnings forecast. Eaton's stumbles in launch of teen shops. Sears squeezes men's wear suppliers
• Abstracts: Boeing plant set to close. Agreement freezes Boeing wages. Parts workers sit-in threat to chrysler
• Abstracts: Sale of Inmet's Antamina stake delayed. Fifth bid made in drawn-out auction for Groupe Forex. Teck to spend in Alaska, Mexico

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.