The Associated Press reports that General Motors Co. plans to announce increased production at several of its factories in response to higher sales triggered by the government’s Cash for Clunkers program.
The Associated Press reports that German consumer goods company
Beiersdorf AG, the maker of tesa adhesive tapes, recently disclosed a 41% drop
in Q2 net profit due to a decrease in consumer spending.
In a persistently difficult market environment, Henkel achieved sales
of 3,485 million euros in the second quarter of 2009, 5% less than in the
prior-year period.
AdvanSource Biomaterials
Corp., a leading developer of advanced polymer materials for a range of medical
devices, will host a conference call for investors on Thursday, Aug. 13, 2009
at 2:30 p.m. EDT to discuss its fiscal first quarter results as well as recent
developments.
On July 29, Congressmen Hank Johnson (D-GA) and Nathan
Deal (R-GA) introduced H.R. 3382, the Home Improvements Revitalize the Economy
(HIRE) Act, which calls for targeted consumer tax incentives for the purchase
of home furnishings such as furniture, flooring, and other home-related
products, as well as building products such as construction adhesives and
sealants.
The Associated Press reports that RPM International, Medina, OH,
posted a fourth-quarter profit on July 27, with net income totaling $39.3
million (31 cents per share) versus a loss of $87.6 million (73 cents per
share) a year ago.
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