Wednesday, November 1, 2006

TCL to close (Cappuccino maker) most European operations

MSN MoneyCentral - TCL, the Chinese company that is the world's largest television maker, will shut most of its operations in Europe as it struggles to turn round the troubled business it acquired from France's Thomson three years ago. TCL said on Tuesday it would sell
ABC News - DETROIT Oct 31, 2006 (AP) Stung by production cuts at Ford Motor Co. and other big customers, auto parts maker Visteon Corp. reported a narrower loss of $177 million Tuesday for the third quarter and said it expects to cut its white-collar work
WTOL-TV - DETROIT Auto parts maker Visteon is reporting a 177 (M) million third-quarter loss because of reduced production at Ford and other auto manufacturers. The loss amounted to a dollar-38 per share -- narrower than last year's third-quarter loss of 207
Orlando Sentinel - Dura Automotive Systems Inc. filed for bankruptcy protection on Monday, becoming the fifth major U.S. auto-parts company since February 2005 to seek protection from creditors. Dura, a maker of parking brakes, door hinges, seat recliners and other
Forbes - The time is right to be a Patek Philippe owner. Those fortunate enough to have inherited a watch or clock crafted by the legendary Geneva maker (estimated: 1851) are enjoying soaring values for these coveted heirlooms. The more technologically
MSN MoneyCentral - EADS moved on Tuesday to tighten further its control of the management of Airbus by replacing the chief financial officer of the aircraft maker with Hans Peter Ring, the EADS chief financial officer. Mr Ring takes over in January. EADS said that
MSN MoneyCentral - Microsoft has launched its biggest effort yet to clamp down on people who sell illegal copies of its software online by filing lawsuits against dealers who use auction sites. It is the first time the world's biggest software maker has taken legal
The State - KANSAS CITY, Kan. - Global soap manufacturer VVF Limited is turning a Colgate plant that is closing into a soap factory. The company will pay $12 million for the 105-year-old building and its equipment, plus another $6 million to upgrade the plant
E-Commerce Times - Google on Tuesday acquired wiki tool developer JotSpot. How Google plans to use JotSpot is not yet clear, though in a section of comments on the deal on the JotSpot site, JotSpot co-founder Joe Kraus indicates the tool would fit well with other