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Isuzu to build new pickup truck plant in Thailand
Isuzu Motors Ltd. (7202.TO, ISUZY) said Thursday it will build a new plant in eastern Thailand to produce pickup trucks, with an eye to make the Southeast Asian country its base for export operations, Kyodo News reported.
The new facility, to be built at a cost of Y18 billion, will be constructed on the premises of Isuzu’s existing plant in Chachoengsao Province and is scheduled to begin operating...
Conoco’s New Jersey refinery resumes production
NEW YORK -(MarketWatch)- ConocoPhillips’ COP -2.12% Bayway refinery in Linden, N.J., has resumed production, a person familiar with operations at the plant said on Friday.
The 238,000-barrel-a-day refinery was taken out of service on Saturday evening as a precaution ahead of Hurricane/Tropical Storm Irene.
ConocoPhillips COP -2.12% on Monday told the U.S. National Response Center the restart...
Zumiez names former Blue Nile executive as new CFO
NEW YORK (MarketWatch) — Retailer Zumiez Inc. ZUMZ -0.84% has hired former Blue Nile Inc. NILE -.00% executive Marc Stolzman as its new chief financial officer, the company said in a filing Friday with the Securities and Exchange Commission.
The appointment comes as the teen retailer–which sells action-sports related apparel, footwear, equipment and accessories–faces concerns about...
DeVry profit up 5%; new undergrad enrollment falls
DeVry Inc.’s DV -8.78% fiscal fourth-quarter earnings rose a better-than-expected 5.1% but showed signs of trouble ahead as new student enrollment dropped sharply.
Shares dropped 9.2% to $48.50 after-hours Thursday as the company said the rollout of new regulations likely distracted employees in the latest quarter and hurt performance.
Many for-profit colleges have faced trouble attracting new...
Morgan Stanley raises stake in Metro Pacific
MANILA (MarketWatch) — Metro Pacific Investments Corp. said Monday that Morgan Stanley Investment Management Co. nearly doubled its stake in the Philippine investment holding company to 6.5% from 3.3% via several stock purchases between May 11 and July 8.
Metro Pacific said Morgan Stanley’s MS -0.24% Singapore-based investment management firm had informed the company that it had bought...
EADS confirms 2011 financial guidance
AMSTERDAM (MarketWatch) — European Aeronautic Defence & Space Co. NV (EAD.FR) Thursday confirmed its financial guidance for 2011, saying it expects its core profit to remain stable at around the EUR1.3 billion level achieved last year.
The company also sees revenue rising from EUR45.8 billion last year due to increased deliveries of commercial aircraft by its Airbus division.
Chief Executive...
Biogen reports nine new cases of brain infections
NEW YORK -(MarketWatch)- Biogen Idec Inc. BIIB +0.07% reported nine more cases of a rare brain infection among multiple-sclerosis patients taking Tysabri, sold with Elan Corp. (ELN, ELN.DB), bringing the number of affected patients to 111 as of April 1.
The Weston, Mass., biotech company reported that one more of those patients has died, bringing total deaths to 22. The cases of the infection–known...
Infrax Systems Inc. (OTC:IFXY) Starts the New Year with New Promotions
This week, Infrax Systems Inc. (OTC:IFXY) stock started the new year with a new promotional campaign. As seen immediately on the chart, the price and volume action was supported yesterday by the company’s first press release for the year which announced a new acquisition to boost up the revenues.
In yesterday’s trading session, IFXY stock price opened the market with a large jump up and extraordinary...
Strategic Rare Earth Metals, Inc. (pinksheets:SREH) Appoints New Chief Executive Officer
NEW YORK, NY, Nov 24, 2010 (MARKETWIRE via COMTEX) — Strategic Rare Earth Metals, Inc. (pinksheets:SREH) announced today that Anthony DiBiase has resigned as the company’s Chief Executive Officer to focus fully on his position as CEO of Encounter Technologies, Inc. The SREH Board of Directors appointed Terrence Rodrigues as the new Chief Executive Officer effective today. Rodrigues has...
Fleet Management Opens New Peugeot Facility
NAPLES, FL, Nov 22, 2010 (MARKETWIRE via COMTEX) — Fleet Management Solutions Inc. (FMS) (pinksheets:FLMG) is pleased to announce the opening of a new Peugeot dealership and service center.
This new facility is located at 37 Athinon-Piraeus Ave., in Moschato, Greece. The building occupies a space of 1000 sq. meters and will create employment for up to ten new people.
The facility will offer...

