OMC struggles to stay viable

Article Abstract:

Outboard Marine Corp (OMC) announced in Dec 2000 that it is slashing 1,000 jobs to help the boat maker surmount its financial problems. OMC also retained the services of investment banker Houlihan, Howard & Zukin to search for other strategic alternatives. These include the sale of the company or any of its specific parts or reorganization under bankruptcy protection. OMC added that it is willing to take further steps if the initial layoffs do not improve operating performance.

Outboard Motorboats, Outboard Marine Corp., Motorboats

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Used boats are one prize in dot-com wars

Article Abstract:

BoatTraderOnline, YachtWorld and Buc.net.com are the three dominant online firms in the multibillion-dollar used-boat market. BoatTrader is the pacesetter in terms of listing with 70,000 while YachtWorld and Bucnet each have 27,000. BoatTrader Online is the marine Internet unit of Trader Publishing Co. YachtWorld.com was formed by yacht broker Jessica Muffett. It was sold to Boats.com for $14 million in Jan 2000. Bucnet.com is the Internet arm of BUC International Corp.

On-Line Information Services, Videotex & Teletext Svcs NEC, Internet services, Online information services, BoatTraderOnline, Buc.net.com, YachtWorld

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2004: Time to walk the walk

Article Abstract:

A selective recount of the events of year 2003 is furnished and the positive prospects for the marine industry in the year 2004 are discussed.

Forecasts, trends, outlooks, Radio & TV communications equipment, Boat building and repairing, Boat Building & Repair, Hardware, not elsewhere classified, Planning, Forecasts and trends, Market trend/market analysis, Company business planning

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