Holden job cuts to be voluntary: union

Holden job cuts to be voluntary: union

AAP The latest job cuts at car maker Holden will be filled by voluntary redundancies but could lead to more job losses across the auto sector. Union officials say they're confident enough workers will put up their hands to cover the 270 jobs to go at Holden's assembly operations in Adelaide as the company winds back production from 290 to 240 vehicles a day. "For every job that you take out of a…

Australian Markets

 

Company Finances

  • Kimberly-Clark beats Street 1Q forecasts Associated Press - 12 minutes ago

    The Irving, Texas-based company said it had net income of $1.27 per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.42 per share. The results exceeded Wall Street ...

  • Why McDonald's is still a powerhouse, despite troubles Associated Press - 12 minutes ago
    Why McDonald's is still a powerhouse, despite troubles

    McDonald's sales have been sputtering for more than two years and the company seems trapped in a cycle of bad headlines that likely won't end soon. Its quarterly earnings results on Wednesday aren't expected ...

  • Harley-Davidson beats 1Q profit forecasts Associated Press - 21 minutes ago

    On a per-share basis, the Milwaukee-based company said it had profit of $1.27. The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for ...

  • Research and Markets: Global and China Tire Industry Report, 2014-2015 Business Wire - 1 hour 30 minutes ago

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/hsg582/global_and_china ) has announced the addition of the "Global and China Tire Industry Report, 2014-2015" ...

  • Global Plastic Bearing Industry Report 2015 - Forecasts to 2020 GlobeNewswire - 3 hours ago

    Dublin, April 21, 2015-- Research and Markets has announced the addition of the "Global Plastic Bearing Industry Report 2015" report to their offering. The Global Plastic Bearing Industry Report ...

  • Bird flu takes biggest toll yet as virus hits chicken farms Associated Press - 4 hours ago

    Poultry producers and scientists have been hoping warmer weather would knock down a virulent strain of bird flu that has hammered the Midwest, but the virus recently took its biggest toll yet, hitting ...

  • Five-year long craft project nearly bankrupts company Yahoo7 Finance - 9 hours ago
    Five-year long craft project nearly bankrupts company

    Each week, the company closed for business on that day so that its employees, and owners, could pursue their personal artistic endeavors.

  • Hormel says bird flu outbreak will hurt turkey sales Associated Press - 11 hours ago
    Hormel says bird flu outbreak will hurt turkey sales

    Hormel says it will sell less turkey this year because of a spreading bird flu outbreak. So far the virus has been found at farms housing 2.3 million turkeys, all of which have died of the disease, or ...

  • HARMAN Advances in China with New Wins and Market Introductions Business Wire - 11 hours ago

    SHANGHAI--(BUSINESSWIRE)-- HARMAN, the premier audio, infotainment and software services company (NYSE:HAR), continues to make strides in China’s fast-growing auto market with new business wins and market ...

  • Final Glance: Restaurant companies Associated Press - 12 hours ago

    Shares of some top restaurant companies were mixed at the close of trading: Brinker International Inc. rose $.39 or .7 percent, to $59.02. Chipotle Mexican Grill Inc. rose $2.98 or .4 percent, to $686.93. ...