Nissan plans to sell its stake in Ikeda Bussan

Article Abstract:

Nissan Motor Co. will sell off its minority share in Ikeda Bussan Co. to Johnson Controls Inc. for approximately $40 million (42.2 million euros). Nissan owns a 38% share in Ikeda.

Japan, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use, Environmental controls, Energy & Appliance Controls, Automobile equipment and supplies industry, Automotive parts industry, Mergers, acquisitions and divestments, Automotive parts, Johnson Controls Inc., JCI, Control equipment industry, Nissan Motor Company Ltd., Control equipment, Ikeda Bussan Company Ltd.

---

Ford posts $752 million loss amid costs of tire recall

Article Abstract:

Ford Motor Co. posted a $752 million (872 million euros) in net losses for the 2001 second-quarter. The company posted a $577 million loss during the same 2000 period.

---

Ford reports 3rd-quarter loss, says more red ink is possible

Article Abstract:

Ford Motor Co. posted a $692 million net loss for the 2001 third-quarter. The loss represented the second-straight quarterly loss for the car maker, which also forecasted the possibility of further losses in the future.

Finance

Similar abstracts:

• Abstracts: Walgreen's 3rd-quarter profit misses analysts' expectations. Rite Aid's loss narrowed sharply in its first quarter
• Abstracts: Ford predicts $900 million loss on bad loans, marketing costs. Ford board considers management shake-up
• Abstracts: RWE posts 35% rise in earnings, but warns about regulatory issues. Utility forecasts 2001 sales rise
• Abstracts: Bond fever may bode ill: Corporate credit is contracting at Asian banks. Buoyant ratings or hot air?
• Abstracts: Start date of 2005 is set for new airport in Thailand---pending Japanese loan. Home developers begin to recover from Thailand's crisis

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