Aerospace and transportation highlights to 15:40 GMT |
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Tue, 20 Feb 2007 16:57
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2007-02-20 15:10:47Volvo offers to take over Nissan DieselSTOCKHOLM (AP) - Swedish truck maker AB Volvo made a 7.5 billion kronor(US$1 billion; euro810 million) offer Tuesday to take over Japan's Nissan Dieselin a strategic move aimed at gaining a solid presence in Asia.2007-02-20 13:42:14Hurdles loom for XM, Sirius combinationNEW YORK (AP) - 0220dvs--xm--siriusFederal regulators warn that combining rivals Sirius Satellite and XMSatellite Radio will be a tough process, since there's already a provisionbarring both satellite radio licenses from being owned by the same company.2007-02-20 13:03:01ACS will not make further disposals this year if sells Continental Auto - PerezMADRID (AFX) - Actividades de Construccion y Servicios SA chairmanFlorentino Perez said the constructor will not make further divestments thisyear if it is able to sell its Continental Auto unit, a deal currently beingstudied.2007-02-20 12:37:48VW FY opg pre-ex up 51.7 pct, beats consensus due to cost cutsWOLFSBURG, Germany (AFX) - Volkswagen AG said full-year 2006 operatingprofit excluding extraordinary costs rose by 51.7 pct to 4.383 bln eur, beatingmarket consensus, due to cost cuts and the market success of products.2007-02-20 12:14:49Volvo offers $1B for Nissan DieselSTOCKHOLM (AP) - Swedish truck maker AB Volvo made a 7.5 billion kronor(US$1 billion; euro810 million) offer Tuesday to take over Japan's Nissan Dieselin a strategic move aimed at gaining a solid presence in Asia.2007-02-20 12:12:40VW FY opg pre-ex up 51.7 pct, beats consensus due to cost cuts, higher salesWOLFSBURG, Germany (AFX) - Volkswagen AG said full year 2006 operatingprofit excluding extraordinary costs rose by 51.7 pct to 4.383 bln eur, beatingmarket consensus, due to cost cuts and the market success of products.
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Parker Hannifin 2Q profit up 50 percent 