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Aerospace and transportation highlights to 15:40 GMT


Published :
Tue, 30 Jan 2007 16:57
By : Agencies
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2007-01-30 15:16:39

S&P: Kansas City Southern on CreditWatch

NEW YORK (AFX) - Standard & Poor's Ratings Services said Tuesday it placed

most of its ratings on railroad Kansas City Southern, including its 'B' junk

corporate credit rating, on CreditWatch with negative implications.

2007-01-30 13:46:03

Merkel opposed to EU plans for car emissions scheme

- German Chancellor Angela Merkel waded into an escalating battle over EU

plans to enforce big cuts in carbon dioxide emissions from cars by voicing stark

opposition to a wholesale solution.

2007-01-30 13:41:50

VW CEO wants to tap new markets to fully exploit Volkswagen brand

WOLFSBURG, Germany (AFX) - Volkswagen AG CEO Martin Winterkorn said the

company wants to tap new lucrative markets in order to fully exploit the

potential of the core Volkswagen brand.

2007-01-30 13:15:02

UPS 4Q profit increases 7.5 percent

ATLANTA (AFX) - UPS Inc., the world's largest shipping carrier, said Tuesday

its fourth-quarter profit increased 7.5 percent on a 5.6 percent gain in sales.

2007-01-30 13:02:19

UPS Q4 EPS in line, sees 2007 EPS increasing 6-10 pct to 4.10-4.25 usd

LONDON (AFX) - United Parcel Service Inc said its fourth-quarter earnings

per share rose 10 pct, in line with market expectations, on a strong performance

from its international operations and added that it expects its full-year 2007

EPS to grow 6-10 pct.

2007-01-30 12:39:42

ArvinMeritor 1Q earnings fall 79 percent

TROY, Mich. (AFX) - Automobile parts supplier ArvinMeritor Inc. on Tuesday

said its fiscal first-quarter profit tumbled 79 percent, as it restructures its

business amid production cuts by domestic automakers.




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