logo

Breaking News

Share SHARE

Nissan Group (NSANF.PK, NSANY.PK) on Wednesday said its U.S. sales in March 2015 slid 2.7 percent to 145,085 units from 149,136 units last year. Sales at the company's Nissan Division in March fell 3 percent year-over-year to 132,560 units, while sales at its Infiniti division was marginally up 0.2...

Toyota Motor Corp. (TM) Wednesday said its U.S. sales for March increased 4.9 percent, as strong marketing and cheap oil prices helped the Japanese automaker lure more customers. Toyota's U.S. sales in March increased 4.9 percent to 225,959 units from 215,348 units a year ago. Sales rose an 8.5 percent...

Protective and decorative coatings company PPG Industries Inc (PPG) on Wednesday said it has completed the acquisition of Revocoat, a supplier of sealants, adhesives and damper products for the automotive industry, from the Axson Group. The financial terms of the deal were not disclosed. "The addition...

Canadian drug maker Valeant Pharmaceuticals International Inc (VRX, VRX.TO) on Wednesday said it has closed its about $11 billion acquisition of gastrointestinal drug maker Salix Pharmaceuticals Ltd (SLXP). Valeant offered a sweetened $173 per Salix share, or about $11.1 billion, to clinch the merger....

Automaker Ford Motor Co. (F) reported Wednesday that U.S. vehicle sales for the month of March decreased 3.4 percent from last year, with sales for passenger cars, and utilities declining year-over-year, while trucks sales grew. Ford's March retail sales were up 1 percent, while fleet sales were down...

Audi of America Inc., a unit of AUDI AG (AUDVF.PK), reported that its March 2015 sales increased 20% to 17,102 vehicles, a total that stands as the second-best month in U.S. sales for the premium brand. Consumer demand for the A3 sedan, the A3 Cabriolet and the Q3 SUV reached unprecedented levels...

Ford Motor Co. (F) said that its U.S. sales for the month of March 2015 declined 3.4% to 235,929 vehicles from 244,167 vehicles in the same month last year. Car sales for the month dropped 11.6% year-over-year to 76,765 units from 86,791 units, while truck sales increased 3.8% to 89,670 units and...

Molson Coors Brewing Co.(TAP, TPX.TO) announced that its wholly owned subsidiary, Coors Brewing Company d/b/a Molson Coors International or MCI, has acquired Mount Shivalik Breweries Ltd. or MSBL. As part of the transaction, MCI acquired MSBL's entire brand portfolio, including the leading strong...

General Motors Co. (GM, GMM.TO) reported that its Chevrolet, GMC, Buick and Cadillac dealers in the United States delivered 249,875 vehicles in March 2015, down 2.4 percent year over year. Retail sales were 182,710; down 5.0% year-over-year. Fleet deliveries were up 5 percent and retail deliveries...

Automaker FCA US LLC, owned by Italy-based Fiat Chrysler Automobiles NV (FCAU), reported Wednesday a two percent increase in total U.S. sales for the month of March, marking the 60th consecutive month of year-over-year sales gains, reflecting sales growth in three of its five brands. The company also...

Acuity Brands, Inc. (AYI) reported second-quarter net income of $46.4 million, compared to $32.7 million, prior-year. Earnings per share was $1.07 compared to $0.75. Adjusted earnings per share was $1.08, for the quarter. On average, 13 analysts polled by Thomson Reuters expected the company to report...

Atlantic Power Corporation (AT, ATP.TO) announced an agreement to sell its wind generation projects to TerraForm Power, Inc. (TERP) for cash proceeds of about $350 million, subject to certain adjustments. The company said these operating wind projects, representing 521 MW net ownership, are indirectly...

EveryWare Global Inc. (EVRY) announced Wednesday that it expects to file voluntary petitions for a prepackaged chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. The company said it has reached an agreement with its secured lenders on a comprehensive balance-sheet restructuring...

FCA US LLC (FCAU) reported that March 2015 U.S. sales grew 2 percent to 197,261 units from 193,915 units in March 2014, and was the group's best March sales since 2007. The company said the Chrysler, Jeep, and Ram Truck brands each posted year-over-year sales gains in March compared with the same...

NuVasive Inc. (NUVA) announced that Greg Lucier, a member of the Board, has been appointed to serve as Chairman of the Board and Interim CEO. The appointment follows Alex Lukianov's resignation as CEO and a member of the Board. The company also announced that it anticipates first-quarter revenue will...

Follow RTT