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AP LAZER: Auto Industry Discovers Potential Profit with a Casket 2D Laser System

2015-10-01 12:31:16| Industrial Newsroom - All News for Today

LANSING, Mich.  - The American auto industry recently discovered a 2D laser system originally designed to engrave caskets and granite monuments to have higher profit potential in automotive manufacturing, customization, and branding than 3D printing. 2D laser originally did not catch the auto industry's attention...

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Japan's domestic auto sales fall 3.0% on year

2015-10-01 09:22:28| Auto Dealers - Topix.net

Japan's domestic sales of new cars, trucks and buses declined 3% from a year earlier in September, the Japan Automobile Dealers Association said Thursday. Separately, sales of mini cars in September fell 14.7% from a year earlier, Japan Light Motor Vehicle and Motorcycle Association said.

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Ralph Lauren, ComScore, Barracuda, Advance Auto Parts and Twitter are big market movers

2015-10-01 01:54:36| Apparel - Topix.net

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: The cloud-based security and storage services provider's fiscal second-quarter revenue fell short of expectations and it cut its guidance. Ralph Lauren is handing off his title as CEO of the fashion and home decoration empire to the head of Gap's Old Navy chain.

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Detroit Jobs Crank Up Alongside Auto Industry

2015-09-30 23:41:06| Auto Dealers - Topix.net

The unemployment rate in the Detroit metro area touched a 15-year low last month and joblessness in greater Motor City is declining at twice the pace of the country as a whole. The rate declined 2.7 percentage points in the past year to 6.2% on a non-seasonally adjusted basis.

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Jeffrey Smith Sees 100% Upside In This Auto Supplier, Shows How It Can Be Unlocked

2015-09-30 20:35:21| Auto Parts - Topix.net

Shares of Advance Auto Parts, Inc. have gained more than 11% today after The Wall Street Journal reported last night that Jeffrey Smith 's Starboard Value would reveal a 3.7% stake in the company during the Capitalize for Kids, Sohn Canada Conference in Toronto today, where he is one of the presenters . The new stake in Advance Auto Parts comes just a day after Smith waded into the melee between Media General Inc , Nexstar Broadcasting Group, Inc. , and Meredith Corporation , announcing that he would use his 4.5% stake in Media General to launch a proxy battle if necessary, to ensure shareholders get the best possible outcome in the case.

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