| Chryslers outlook upgraded despite worse-than-expected quarter |
Apr 30th, 2013 |
Standard & Poor's Ratings Service upgraded Chrysler Group LLC's outlook to "positive" and reaffirmed the company's "B+" rating despite the worse-than-expected quarterly results the automaker released Monday."The outlook revision reflects our expectation that Chrysler will continue to grow revenue and improve profitability, in spite of weaker ...
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| After 4-month delay dealers stocked with Lincoln MKZ sedans |
Apr 30th, 2013 |
Ford Motor Co.'s Lincoln luxury brand has shipped 11,000 new MKZs to dealers since the midsize sedan began rolling out at the end of December, and Lincoln anticipates selling more than 4,000 of the cars in April when it releases sales figures on Wednesday.In a conference call with reporters on Tuesday afternoon, Jim Farley, Ford's executive vice president of global marketing, sales, ...
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| Chryslers Q1 profit dives 65 to USD166m |
Apr 30th, 2013 |
(MENAFN) Chrysler CEO, Sergio Marchionne, announced that the US automaker's profit plunged by 65 percent during the first quarter, reaching USD166 million from USD473 million a year ago, reported AP.Marchionne attributed the drop to slower output in 3 factories that didn't match sales. He added that revenue in the year's first 3 months fell by 6 percent to USD15.4 billion. ...
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| Fitch Publishes Updated U.S. Auto Lease ABS Rating Criteria |
Apr 30th, 2013 |
Rehab Loans On The Rise in U.S. FFELP Student Loan ABS U.S. FFELP student loan ABS deals with larger concentrations of rehabilitation loans warrant additional scrutiny, according to Fitch Ratings in a new report. The agency compared performance of rehab loan trusts to non-rehab trusts to confirm whether specific cash flow assumptions are consistent with actual performance. As expected, defaults, ...
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| Couldnt See the Sign Is Top Excuse for Cops |
Apr 30th, 2013 |
Well, gosh, officer. I didn't see that 35-mph speed limit. Or the yield sign. Or that no-turn-on-red. That's the most common excuse drivers give when pulled over, according to a new survey by Insurance.com. Last February, the insurance comparison website polled 500 licensed drivers age 18 and older. Of those who said they tried to reason with the police officer -- or just plain ...
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| Texas Senate approves guns in cars on college campuses |
Apr 30th, 2013 |
AUSTIN (AP) - Texas college students who are licensed to carry concealed handguns would be allowed to keep their guns locked in their cars in campus parking lots under a bill advancing in the Legislature.In a 27-4 vote Tuesday, the state Senate approved a bill that would override rules adopted by several universities. Under current law, universities can post a sign prohibiting guns like any ...
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| New CEO to expand Sirius beyond satellite radio in cars |
Apr 30th, 2013 |
Reuters © An Apple iPhone is shown in a XM Skydock at the Sirius Satellite Radio booth during the 2010 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 8, 2010. REUTERS/Steve ...
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| Meet the three new scumbags of Grand Theft Auto V |
Apr 30th, 2013 |
Nobody in video games does manic ultraviolence quite like Rockstar Games. Since it first debuted in 1997, the company's "Grand Theft Auto" series has stood as a pinnacle for every controversy the game industry has ...
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| Fire damages 10 cars in Sea-Tac airport garage |
Apr 30th, 2013 |
SEATAC, Wash. — A fire at the Sea-Tac Airport parking garage has burned out five cars and caused smoke or melting damage to five more. Spokesman Perry Cooper says the cause of the Tuesday morning fire is under investigation but it does not appear suspicious. Cooper says the airport is trying to identify owners through license plate numbers to let them know what they'll find when they ...
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| Gunmen stage protest outside Libyan justice ministry |
Apr 30th, 2013 |
TRIPOLI (Reuters) - Armed men in pick-up trucks mounted with anti-aircraft guns and rocket-launchers protested on the road outside Libya's justice ministry on Tuesday to press demands that former dictator Muammar Gaddafi's aides be barred from senior government ...
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