Superior Industries Reports Third Quarter Operating Results Nov 6, 2009 06:00AM

-- Company Reduces Net Loss, Achieves Improved Gross Profit on Lower Sales Volume -- VAN NUYS, Calif.--(BUSINESS WIRE)-- Superior Industries International, Inc. (NYSE: SUP) today announced a reduced net loss of $12.7 million, or $0.48 per share, for the third quarter of 2009, compared with a net loss of $14.2 million, or $0.53 per share, for the third quarter of 2008. Unit shipments decreased 9.7% in the 2009 third quarter compared with the same period a year ago. Gross profit during the current quarter improved ...


Magna announces third quarter and year to date results Nov 5, 2009 05:00PM

TORONTO, Nov. 5 /PRNewswire-FirstCall/ - Magna International Inc. (TSX: MG.A; NYSE: MGA) today reported financial results for the third quarter and nine months ended September 30, 2009. ------------------------------------------------------------------------- THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, ...


Highlights From CVS's Q3 Conference Call: Guides Slightly Higher for FY - Still In-line with Estimates Nov 5, 2009 03:17PM

CVS CaremarkCorporation (NYSE: CVS) reports Q3 EPS of $0.65, 1 cent better than the analyst estimate of $0.64. Revenue for the quarter was $24.60 billion, which compares to the estimate of $24.61 billion.

Highlights From CVS's Q3 Conference Call:
(CFO) Now, on to guidance for the year, for the Retail segment, we continue to expect revenue growth of between 12 and 14% for the year, with total same-store sales in the range of four to 6%. For the PBM segment, revenue should be up between 16 and 18% for the year. For the total company, we expect revenue growth of around 12 to 14% of the full year after intercompany eliminations of $7.5 billion.
We expect to deliver adjusted earnings per share from continuing operations, excluding the effect of the tax benefit, of $2.61 to $2.64, up from our previous guidance of $2.59 to $2.64. (Consensus is $2.62)
(CEO) ...


Teamsters Protest Fiat/Chrysler's Attack on American Carhaul Jobs Outside Embassy of Italy Nov 5, 2009 11:15AM

Call On Italian Government to Hold Company Responsible for Actions WASHINGTON, Nov. 5 /PRNewswire-USNewswire/ -- A delegation of labor representatives and consumer protection advocates joined hundreds of protesters outside the Embassy of Italy in Washington today to call on the Italian government to hold Fiat/Chrysler accountable for waging an attack on thousands of good-paying jobs in the U.S. carhaul industry by shifting work to cut-rate, inexperienced companies to transport new vehicles. Representatives from the Teamsters Union, the Australian Services Union and Consumer Action delivered a letter from Teamsters General President Jim Hoffa to Prime Minister ...


American Lithium Minerals Signs Letter of Intent to Acquire Premier Lithium Property in Utah Nov 5, 2009 09:00AM

HENDERSON, NV -- (MARKET WIRE) -- 11/05/09 -- American Lithium Minerals Inc. (OTCBB: AMLM) www.americanlithium.com (the "Company") announced today that it has signed a letter of intent to acquire the Green Energy lithium project in Utah. The project consists of mining claims covering an area of approximately 10 square miles (6,000 acres) and is 100% wholly-owned. High demand and low supply has pushed lithium carbonate (Li2CO3) prices to US$6,600.00 per ton, lithium-ion battery demand for hybrid-electric and electric cars is expected to increase four-fold by 2017. Lithium occurs at the project over an extensive area with values as high as 1,700 ppm lithium (0.9% Li2CO3) in saturated brine. The brine was discovered in the 1960s when oil exploration wells encountered blow-outs drilling into Bed #31 of the Paradox Formation. The pressurized free-flowing brine interrupted drilling operations and was considered a nuisance, rarely chemically analyzed or flow-rate tested. Over twenty oil exploration wells have been drilled on the Green ...


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