OMC gets bailout, but clock is running

Article Abstract:

Outboard Marine Corp (OMC) has received a $45 million investment from Soros Private Equity Partners, giving the struggling engine and boat manufacturer the necessary momentum to win back its lost market share. Chris Michalik, a partner at Soros, said the capital infusion is proof of his company's faith on the long-term future of OMC. However, the bailout did not stop Moody's and Standard and Poor's from downgrading OMC's debt, which OMC said will have no impact on its operations.

Receipt of funds, Other Financial Vehicles, Use of Funds, Investors NEC, Outboard Motorboats, Investors, Outboard Marine Corp., Motorboats

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Bombardier Inc. names new president

Article Abstract:

Canadian manufacturer of personal watercraft, Bombardier Inc, has named Robert E Brown company president and CEO. Brown who used to head the boating firm's aerospace sector has replaced longtime boss Laurent Beuadoin. Beaduoin, however, remains to have an active role in the operations of Bombardier by continuing to oversee long-term orientations of the corporation as executive chairman and president of the executve committee.

Executive changes & profiles, Bombardier Inc.

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'A great positive trend'

Article Abstract:

The improvement in boating industry's customer satisfaction ratings indicates a positive trend for the industry. The role of J.D Power and Associates in bringing about this positive trend is discussed.

Forecasts, trends, outlooks, Marketing procedures, Radio & TV communications equipment, Management dynamics, Market Research Services, Marketing Research and Public Opinion Polling, Commercial nonphysical research, Boat building and repairing, Hardware, not elsewhere classified, Research Services, Editorial, Management, Forecasts and trends, Market trend/market analysis, Marketing research firms, Company business management, Customer relations, J.D. Power and Associates

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