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THE ECONOMY.(A)
Minehan: Economy has softened
Boston Fed President Cathy Minehan expects the economy to regain momentum in the 2nd half. But she added: "The situation seems to have softened somewhat in recent months." The main question facing the economy is "whether business investment will pick up before consumption flags," she said. Inflation-adjusted spending has fallen for two straight months.
Japan's Nikkei, output tumble
The benchmark index fell 3.7% to 7,972.71, not far from a 20-year closing low as war fears, weak industrial output and concerns about the mysterious SARS virus all hurt stocks on the last day of Japan's fiscal year. Production fell 1.7% in Feb., worse than expected.
Paying taxes on phantom profits
Companies seem to be willing to pay taxes on profits they don't really earn, found a Michigan Business School study of 27 firms accused of accounting fraud. On average, the firms inflated their profits by $124.5 mil, boosting their taxes by $11.8 mil. All told, they paid $320 mil in taxes on $3.4 bil in bogus profits.
UAW sees big threat from ...
- UNITED AUTO GROUP AND QUAKER STATE CORPORATION ENTER INTO STRATEGIC ALLIANCE.
- Press release article from: Business Wire January 20, 1997 700+ words
...Agreement and Marketing Partnership United Auto's Fast Lube Launch Reflects Company...to Pursue Higher Margin Opportunities United Auto Group, Inc. (NYSE: UAG), the nation...Chairman and Chief Executive Officer of United Auto, Marshall S. Cogan, Chairman of United...
- THE EURO-ZONE AND THE WORLD.(demographic, economic statistics)(Brief...
- Newspaper article from: European Report December 29, 2001 700+ words
In 2001, the euro-zone has a total population of 303 million...and 127 million in Japan. Among the euro-zone population, 16.4% are less than...On the other hand, 16.3% of euro-zone citizens are over 65 years old and...
- UNITED AUTO GROUP ACQUIRES SECOND ATLANTA AREA NISSAN DEALERSHIP.
- Press release article from: Business Wire July 16, 1996 700+ words
...1996-- - Acquisition Positions United Auto as One of the Nation's Largest Nissan Retailers The United Auto Group, Inc. has expanded its presence...Chairman and Chief Executive Officer of United Auto and Marshall S. Cogan, Chairman of...
- FOREIGN DIRECT INVESTMENT: EURO ZONE'S NET FDI POSITION WITH THE REST OF WORLD...
- Newspaper article from: European Report March 31, 1999 700+ words
The report concludes that the Euro zone's net FDI exporter position was established through...Euro 24 billion at the end of 1996. Within non-Euro-zone EU countries, the Euro zone amassed around Euro 85 billion of FDI assets. On...
- UNITED AUTO GROUP ACQUIRES MAJORITY INTEREST IN ATLANTA TOYOTA; Acquisition...
- Press release article from: Business Wire January 17, 1996 700+ words
...AutomotiveWire)--Jan. 17, 1996--The United Auto Group, Inc. has acquired Atlanta Toyota, Inc...Spielvogel, Chairman and Chief Executive Officer of United Auto. United Auto is a privately-owned operator of multiple franchise...
- INDUSTRIAL PRODUCTION: OUTPUT AND PRICE INDICES UP IN EU15 AND EURO ZONE IN...
- Newspaper article from: European Report January 19, 2000 700+ words
...strongest gain with 1.2% in the Euro-zone and 1.3% in EU15. Capital goods production rose by 0.6% in both the Euro-zone and EU15. Output in durable consumer goods was up 1.0% in the Euro-zone and 0.7% in EU15 and production...
- Low trend rate of GDP growth in the euro zone.
- Magazine article from: The Swedish Economy December 1, 2005 700+ words
...recovery has been much slower in the euro zone than in other countries, such as the...Although resource utilization in the euro zone is currently low, the weak growth there...s, the potential growth rate in the euro zone seems to have decreased in recent decades...
- CARL SPIELVOGEL ELECTED CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF UNITED AUTO...
- Press release article from: Business Wire November 8, 1994 700+ words
...1994--The Board of Directors of United Auto Group, Inc. has elected Carl Spielvogel...dealerships. Mr. Cogan, a Director of United Auto Group, is Chairman and principal shareholder...the principal investment position in United Auto Group. Mr. Spielvogel's appointment...