Pew: 10 States at Risk of Huge Financial Disaster
A new Pew Center study says that as many as 10 states face financial disaster similar to the massive problems faced by California. Pew identified Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin as the states in the edge of disaster. Including California, the 10 states account for more than one-third
More News & Views on China Tire Tariff Tiff
The avalanche of news stories, commentary and analysis continues in the wake of the Obama Administration’s imposition of a three-year tiered added tariff on imported China-made passenger tires. Here is a sampling of the most relevant items from the past day: China and U.S. Rule Out ‘Trade War’China View – China and the United States
Yokohama Adjusts 2009 Financial Projections
The Yokohama Rubber Co. expects its losses in the fiscal year beginning March 31, 2009, will be smaller than the projections it announced earlier this year.
Myers Industries Reports 2008 Financials
(Aftermarketnews.com) Myers Industries has reported results for the fourth quarter and year ended Dec. 31, 2008.
Revised Bridgestone 2008 Financial Projections
Bridgestone Corp. reports that the financial crisis and resultant global economic slowdown have created a necessity for it to revise the consolidated financial projections for the fiscal year ended Dec. 31, 2008, that were originally announced on Aug. 8.
U.K. Car Sales – Good News, Bad News
Despite widespread fears that the U.K. is entering an economic recession, there are grounds for cautious optimism about sales of new and used cars in 2009.
Car Sales: Good News, Bad News
Despite widespread fears that the U.K. is entering an economic recession, there are grounds for cautious optimism about sales of new and used cars in 2009.
BREAKING NEWS: Bridgestone, Toyo Buying Stakes in Each Other
Bloomberg has reported that Bridgestone Corp. and Toyo Tire & Rubber Co. will buy stakes in each other and work together on raw material procurement and production issues.
Bridgestone Releases 2007 Financials
Full year 2007 financial results for Bridgestone Corp. were released on January 19, and these figures paint a picture of a healthy year’s trading.
Myers Reports First-Quarter Financials
(Akron/Tire Review) Myers Industries Inc., a wholesale distributor of tools, equipment, and supplies for the tire, wheel, and undervehicle service industries, reported a 20% increase in net sales for the first quarter of 2007.