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GM and Ford threatened to stop leasing vehicles in New York unless the state changes a law that holds auto leasing firms, not drivers, liable in car accidents.
Roadway earned $1.48 in Q4, up 103% vs. a year ago and 3 cents over views. Results were aided by Consolidated Freightways' bankruptcy. Still, Roadway fell 3%.
Bank of America OK'd a buyback of 130 mil, or 9%, of shares out.
Fortune Brands met Q4 views of 86 cents, 2 cents better than last year. The firm, which sells everything from faucets to bourbon, sees double-digit EPS growth for '03.
Helmerich & Payne's …