Kodak shares fall after bankruptcy filing report
Kodak shares have fallen dramatically after a report suggested the company was preparing a bankruptcy filing
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Search Results “bankruptcy”
Synergex Corporation Appoints Trustee in Bankruptcy Over Certain Subsidiaries
Synergex Corporation
David Aiello
President and Chief Executive Officer
905-565-1212
david.aiello@syx.ca
www.syx.ca
David Aiello
President and Chief Executive Officer
905-565-1212
david.aiello@syx.ca
www.syx.ca
Saab files for bankruptcy after GM rejects rescue plan
Swedish automaker Saab has filed for bankruptcy after General Motors blocked a rescue plan from Chinese investors
Top 10 manufacturing CEOs: Steve Jobs ranked number one
1. STEVE JOBS
Apple
Steve Jobs co-founded technology giant Apple in 1976. With iPods, iPhones, iPads and MacBooks being the most sought-after gadgets on the market, Apple is dominating the consumer technology world.
GM set for $20bn flotation
A year ago GM filed for bankruptcy. The Detroit powerhouse was close to the brink.
But today, it has taken its first steps towards a stock market flotation and looks set to recoup some of the billions of public money the U.S. Government pumped into the firm as part of a huge bailout.
Ed Whitacre To Quit GM
He will quit as CEO September, after taking putting GM well and truly on the road to recovery.
Over last year, Whitacre has transformed the fortunes of the once beleaguered auto company, which has reported a profit in each of the last two quarters.
GM Results Show ‘Sustained Progress'
General Motors (GM) today announced its second quarter 2010 results, marked by revenue of $33.2 billion and net income attributable to common stockholders of $1.3 billion.
GM’s second quarter earnings before interest and tax (EBIT) were $2.0 billion.
Manufacturing's Top 10 CEOs
Any list like this one is subjective and difficult to write; everybody has an opinion. Who is a better CEO, Jeffrey R Immelt or Alan Mulally? And is Martin Winterkorn better than Akio Toyoda?
GM: First quarterly profit since 2007
Significant cost-cutting was behind the strong performance, backed-up by superb sales of new models.
GM made $865 million in Q1, 2010, Manufacturing Digital can report. In the same period last year, it posted a $6 billion loss.
GM achieved revenue of $31.5 billion and operating income of $1.2 billion.
GM: Canadian & U.S. loans repaid
Less than a year since it emerged from bankruptcy, GM has today confirmed it has repaid the loans it received from the U.S. and Canadian governments.
It is an important step towards reducing government ownership of the firm.
GM to wind down Hummer
It is not clear why the sale to China’s Sichuan Tengzhong Heavy Industrial Machinery collapsed. However, it is likely Beijing refused to approve the purchase.
GM aims to be profitable in 2010
In an exclusive interview just after the opening ceremony of the North American International Auto Show (NAIAS), Tim Lee, President of GM International Operations, told Xinhua tha
GM appoints new VP, International Operations
He will assume the role effective February 1, 2010 and will report to Tim Lee, who was recently appointed
GM to start loan repayments early
GM has today said it will start paying back its government loans much earlier than expected.
Hyundai profits reach new high
The company reported a net profit of 979.1 billion won in the third quarter. That figure is three times the profit that the company made a year ago.
The new industrial revolution
On June 1, General Motors, America's largest carmaker, declared bankruptcy. The move marked the biggest manufacturing collapse in U.S. history.
GM & Reva in potential JV
Manufacturing Digital understands that General Motors is ready to join forces with Reva, an Indian start-up that leads the world in budget electric cars.
Nissan and Chrysler call off vehicle supply agreement
The two firms had planned to supply vehicles to one another.
Germany will offer Opel loan if Magna chosen
Berlin is offering the money if Opel's U.S.
