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February 14, 2008 |
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CITGO PETROLEUM: May Face US$169,000 Fine from US Gov't US government officials have proposed a US$169,000 fine against Citgo Petroleum Corp's plant in Lake Charles, Lousiana, due to alleged failure to protect its workers from hazardous working conditions, the Associated Press reports... Read More |
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COEUR D'ALENE: Resumes Pre-Commissioning at San Bartolome Mine Coeur d'Alene Mines Corporation has begun pre-commissioning activities at its San Bartolome silver mine, which is expected to produce over ten million ounces of silver during its first twelve months of full-scale operations... Read More |
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FORD MOTOR: Plans to Offer Buyout Packages to 9,000 Workers Ford Motor Co. intends to offer another round of buyout packages to 14% of its entire plant workforce in North America to restore profitability, Bloomberg News reports citing a source familiar with the matter. Roughly 9,000 workers will be displaced... Read More |
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GENERAL MOTORS: Reaches Agreement with UAW on Attrition Program General Motors Corporation disclosed in a regulatory filing with the Securities and Exchange Commission dated Feb. 12, 2008, that the company and the United Auto Workers union have reached an agreement on a comprehensive special attrition program that... Read More |
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GERDAU SA: To Purchase 49% of Corsa Controladora Gerdau SA said in a filing with the Mexican stock exchange Bovespa that its board of directors has authorized the purchase of 49% in Mexican holding Corsa Controladora... Read More |
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H Y H: Proofs of Claim Verification is Until April 18 SRL's bankruptcy proceeding, verifies creditors' proofs of claim until April 18, 2008... Read More |
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MILLICOM INTERNATIONAL: Earns US$697.1 Million in Full Year 2007 Millicom International Cellular S.A. reported net income of US$697.1 million on net sales of US$2.63 billion for the year ended Dec. 31, 2007, compared to net income of US$168.9 million on net sales of US$1.57 billion in 2006... Read More |
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PETROLEOS DE VENEZUELA: Fitch Says Freeze Has Little Effect Fitch Ratings views a British court order to freeze up to US$12 billion of Petroleos de Venezuela SA's worldwide assets to have a minimum impact on the company's day to day operations, as well as its near term credit quality and financial flexibility... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Latin America. To receive the Full TCR-LA please CLICK HERE.
