Tires and Rubber
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STOCK MARKET AND BOARD MEETINGS ITALY- Ex-dividend: Banca Ifis 0.37 euro per ordinary share; Banca Popolare di Sondrio 0.033 euro per share; Banca Profilo 0.002 euro per share; B&C Speakers 0.28 euro per share; CAD IT 0.30 euro per share; Conafi Prestito 0.06 euro per share; Credito Bergamasco 0.55 euro per share; Elica 0.237 euro per share; Esprinet 0.089 euro per ordinary share; Gruppo MutuiOnline 0.05 euro per share as ordinary dividend and 0.07 euro per share as extraordinary dividend; Save 0.43672 euro per share; Valsoia 0.170 euro per share.
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STOCKHOLM, Jan 14- SKF, the world's biggest bearings maker, is cutting 2,500 jobs to cope with weaker demand, underscoring the bleak outlook for manufacturers as Europe drives through austerity measures to reduce its debts.
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TOKYO, Dec 5- Japan's Nikkei average rose to a seven-month closing high on Wednesday, lifted by sharp gains in Chinese equities after comments by Communist Party chief raised hopes for an economic recovery in the world's second-largest economy.
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Michelin CEO, Pete Selleck discusses his company's new plant in South Carolina and the 500 jobs it will provide.
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Jeff Middleswart, Behind the Numbers president, discusses the 13% drop in Goodyear stock this year, despite an improving economy and rising car sales.
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Despite the lingering debt crisis and an incubating recession in many nations of the European Union, many global companies say they are maintaining or even increasing their investments in the euro zone and elsewhere on the Continent. The NYT reports.
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"We know that 80% of the growth that's going to take place in the tire industry in the next 20 years will take place in emerging markets," says Pete Selleck, Michelin chairman/president, discussing his company's global outlook.
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The bulls are betting that Titan International is ready to run.
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See the top 10 ad icons of the 20th century as compiled by AdAge.com and recognizing "those images that have had the most powerful resonance in the marketplace."