MGDDY News Alert Compagnie Generale D (MGDDY) 20.4100 09/19/2014

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Companies tout Charlotte in locating in SC
By SEANNA ADCOX - AP - Tue Jun 17, 9:22AM CDT
FORT MILL, S.C. (AP) — A common draw for three companies announcing a combined 7,100 jobs along South Carolina's Interstate 77 corridor is the state's northern neighbor.

3 companies announce 7,100 jobs along I-77 in SC
By SEANNA ADCOX - AP - Mon Jun 16, 6:09PM CDT
FORT MILL, S.C. (AP) — Three companies announced plans Monday to bring a combined 7,100 jobs to South Carolina's Interstate 77 corridor, though many of those jobs are moving just minutes south from Charlotte, North Carolina.

Giti Tire expected to bring 1,700 jobs to SC
By SEANNA ADCOX - AP - Mon Jun 16, 10:20AM CDT
COLUMBIA, S.C. (AP) — A Singapore-based tire manufacturer plans to spend $560 million on a plant in South Carolina that is expected to create 1,700 new jobs over the next decade.

Tire that caused Fla. van crash part of recall
AP - Wed Mar 12, 4:56PM CDT
LAKE CITY, Fla. (AP) — Federal safety officials are investigating a fatal church van crash in north Florida that involved the catastrophic failure of a tire that was part of a July 2012 recall.

Michelin profits slump in 2013 on restructuring
AP - Tue Feb 11, 12:44AM CST
PARIS (AP) — Tire maker Michelin SA says earnings slumped sharply last year as restructuring and falling prices hurt profitability.

Restructuring costs hit Michelin's HI profits hard
AP - Thu Jul 25, 1:41AM CDT
PARIS (AP) — Tire maker Michelin SA says its first-half profits slumped 45 percent as restructuring costs weighed on earnings amid flat demand in key markets.

IMF: France needs more economic reforms to keep up
By SARAH DiLORENZO - AP - Tue Jun 04, 10:07AM CDT
PARIS (AP) — France needs to step up reforms of its economy and labor market to avoid falling further behind its European neighbors, the International Monetary Fund warned Tuesday as it lowered growth projections for the country.

Goodyear, union begin contract talks for 6 plants
By THOMAS J. SHEERAN - AP - Mon Apr 29, 11:35AM CDT
AKRON, Ohio (AP) — With the backdrop of an uncertain economy, shrinking unions and company cost-cutting, Goodyear and the Steelworkers are negotiating on a new national contract covering 8,000 tire workers at six plants.

Correction: Michelin sales story
AP - Tue Apr 23, 1:36PM CDT
PARIS (AP) — In a story April 22 about Michelin, The Associated Press misstated the dollar equivalent of Michelin's first quarter sales. It was $6.36 billion, not $3.36 billion.

CEO Gaffe of the Week: Titan International
Sean Williams, The Motley Fool - Motley Fool - Sun Feb 24, 11:00AM CST
Last year, I introduced a weekly series called " CEO Gaffe of the Week ." Having come across more than a handful of questionable executive decisions when compiling my list of the worst CEOs of 2011 , I thought it could be a learning experience...


US CEO ridicules French workers as time-wasting
By THOMAS ADAMSON - AP - Wed Feb 20, 8:08PM CST
PARIS (AP) — A straight-talking U.S. businessman and a European socialist government were never likely to become the firmest of friends, but a letter from Maurice Taylor, CEO of tire-maker Titan International, blasting the French work-ethic has ruffled France's feathers.

Michelin profits rise despite tough car market
AP - Tue Feb 12, 2:03PM CST
PARIS (AP) — Tire maker Michelin says its profits rose 7.5 percent last year despite a struggling car market in Europe, and expects to keep up volumes this year.


Tire workers confront French police over layoffs
AP - Tue Feb 12, 8:57AM CST
RUEIL-MALMAISON, France (AP) — Workers fired flares and paint bombs and riot police answered with tear gas in a standoff Tuesday over layoffs at a French plant for U.S. tiremaker Goodyear, amid tensions over a slump in Europe's car industry that has hurt automakers and their suppliers.




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