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Guardrail Maker to Halt Device Sales Amid Safety Concerns
2014-10-25 22:27:32| Railroads - Topix.net
In a wreck in North Carolina, a guardrail pierced the car of N.C. man Jay Traylor, severing his legs. Trinity Industries is halting sales of its controversial ET-Plus guardrail system, a device meant to protect motorists across the country that instead has been blamed by accident victims for dozens of injuries and deaths.
Tags: sales
safety
device
concerns
Maker of U.S. Highway Guardrails Stops Shipments
2014-10-25 18:40:09| Railroads - Topix.net
Railcar maker Trinity Industries Inc said on Friday that it would stop shipping a highway guardrail system, after the U.S. government demanded earlier in the week that the company conduct more crash tests of the product. The system was banned by Nevada in January, Massachusetts and Missouri banned it in September, and Virginia this month threatened to stop buying it over concerns that it can impale drivers in the event of a crash.
Tags: highway
maker
stops
shipments
Truck maker Volvo sees Q3 profits up slightly as it forecasts growth in North America, India
2014-10-25 09:32:02| Automakers - Topix.net
Swedish truck maker AB Volvo says net profit in the third quarter rose slightly to 1.6 billion kronor in a mixed economic environment. The Goteborg-based company said Friday the figure for July-September was up from 1.4 billion kronor in the same period last year.
Tags: north
america
growth
india
This Footwear Maker Is a Smart Long-Term Investment
2014-10-23 18:33:10| Footwear - Topix.net
Skechers USA , a global leader in footwear, reported impressive results for the second quarter 2014 that beat consensus estimates on both the top as well as the bottom lines. Its performance during the second quarter was mainly driven by continued demand in its life cycle and kids footwear categories in the favorable back-to-school season.
Tags: investment
smart
maker
footwear
French spirits maker Pernod Ricard returns to growth; Asia comeback despite China slowdown
2014-10-23 10:54:04| Beverages - Topix.net
Pernod Ricard SA, maker of Absolut vodka and Martell cognac, has returned to growth after Asian, Middle Eastern and African markets stemmed a monthslong slide, but sales in China continued to decline steeply. The company on Thursday reported 2.04 billion euros in sales for its July-September first quarter, up 2 per cent.
Tags: china
french
returns
growth
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