Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (732)	9/2/1998 10:23:00 PM
From: porcupine --''''>	Respond to of 1722

CABLE AND WIRELESS COMMUNICATION PLC, Britain's biggest cable group, announced a 10-year, 1.8 billion pound ($3 billion) outsourcing deal Wednesday with U.S. computer titan IBM Corp. IBM will create up to 400 new jobs as a result of the strategic information technology partnership, the largest of its kind between a major communications company and a leading IT services provider, CWC said. CWC, which is majority-owned by Britain's No. 2 telecom carrier, CABLE AND WIRELESS, said the support agreement will "significantly" improve business efficiency and services to customers. (Reuters)

To: porcupine --''''> who wrote (732)	9/4/1998 10:44:00 PM
From: porcupine --''''>	Respond to of 1722

GENERAL MOTORS CORP late Thursday named Mitsuru Sato as president of GM Japan, the first time the U.S. No. 1 automaker has tapped a Japanese national to head its Japan unit. GM said Douglas Herberger, the former president of General Motors Japan Ltd., will return to Detroit and take a position in its newly consolidated sales, service and marketing unit. Sato, 55, who has previously worked for Volkswagen AG's Japan unit and Honda Motor Co. Ltd, will be responsible for all of GM Japan's business operations, and serve as a member of the GM Asian and Pacific Strategy Board. GM's Japan unit, first established in 1929, has 353 workers. The automaker sells Cadillac, Chevrolet, Opel, Saab and Saturn brands in Japan. (Reuters 08:10 PM ET 09/03/98)

To: porcupine --''''> who wrote (732)	9/4/1998 10:45:00 PM
From: porcupine --''''>	Read Replies (1) \| Respond to of 1722

GENERAL MOTORS CORP's Saturn unit and the United Auto Workers issued a statement Friday saying they have resolved issues that led to a strike authorization vote at the Spring Hill, Tenn. plant. The joint statement declined to discuss issues and how they were resolved at the small-car plant, which employs about 7,300 hourly workers. The strike authorization vote occurred July 19. The statement noted the resolution provides increased job security to the workforce and promotes Saturn's vision to grow its brand. (AP)