StockWatch
May 31, 2001
photo-20The auto parts maker reported dismal quarterly earnings in early April after months of waning demand from its aftermarket and original equipment customers. All in all, the company recorded losses of $42.1 million compared to a year ago. The company's stock price has remained around $3 a share for the past month.
photo-21After announcing April 26 that it had secured $4.5 billion in credit facilities for some of its subsidiaries, Owens-Illinois watched its stock rise modestly above $8 a share. Previously, the glass manufacture had announced that it was declaring a quarterly dividend of $.59 on each share of the …
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