Subaru CEO to quit, says GM not a factor
Article Abstract:
George Muller has decided to leave his post as president and chief operating officer of Subaru of America. He disclosed that his departure was not influenced by the decision of Fuji Heavy Industries, Subaru's parent company, to sell a 20% stake to General Motors. Muller revealed that he resigned because he wanted to pursue a career in the private investment field. Muller's position was temporarily assigned to Takao Saito, chairman of Subaru of America.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Volkswagen comes to fork in the road
Article Abstract:
Volkswagen is said to be considering a corporate structure that would serve as a poison pill by splitting the firm into two giant operating groups. The move would be in response to the EU's plan to stripping the company of a special status which the EU said is not in line with its objective of a more open, less protected marketplace. Volkswagen's plan would create a web of subsidiaries with different classes of stock.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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GM's slumping earnings beat analysts' expectations
Article Abstract:
General Motors Corp has beaten analysts' earnings expectation in 1st qtr 2001. The automaker posted earnings of $37 million, or 53 cents a share, in the January to March period, down sharply from $1.78 billion, or $2.80 a share, posted in the corresponding quarter in 2000. The result easily surpassed the 26 cents per share expected by analysts surveyed by Thomson Financial/ First Call.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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- Abstracts: Dell rebounds after a 2nd-quarter loss; latest profit, down a third from a year ago, beats expectations. Compac sees weak results this quarter
- Abstracts: Cisco's earnings don't impress investors. Strong earnings for tech's titans. Cisco's third-quarter earnings leap 55%
- Abstracts: FCC to give new phone firms a boost. Proposed ruling could limit tapes of TV broadcasts. FCC cuts phone charges
- Abstracts: Dot-coms struggle with e-retailing, close online stores. Cash-burning dot-coms sell at fire-sale prices. Survival of small ISPs challenged
- Abstracts: Right to sue HMOs restricted. HMO ruling passes debate back to Congress. High court may act today on Microsoft