Business News Archive - June 23, 2009

REHOBOTH, Mass., June 23 /PRNewswire-USNewswire/ -- A new report predicts that defective General Motors and Chrysler vehicles sold before the bankruptcies will continue to cause deaths and injuries long after the companies emerge as new entities.

PENNSAUKEN, N.J., June 23 /PRNewswire/ -- Airborne Systems Group, a company specializing in aerial delivery, rescue and survival equipment, and engineering services, announced that Richard J. Smallwood has been named Executive Vice President of Customer Business for the company.

XINYU CITY, China and SUNNYVALE, Calif., June 23 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd.

LAS VEGAS, June 23 /PRNewswire/ -- An article addressing the impact of the Iranian elections upon oil and gas equities has been released and is available free of charge at http://fispace.net/oil-gas/2009/06/20/the-real-winner-iran Investors of the following equities are encouraged to read this exclusive commentary: Cobra Oil & Gas Co.

FRANKFURT, Germany, June 23 /PRNewswire/ -- Printed Electronics companies Plextronics, Inc.

BEIJING, June 23 /PRNewswire-Asia/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO) ("Sino-Global" or the "Company"), a leading, non-state-owned provider of shipping agency and forwarder services operating primarily in China, today announced the establishment of a new subsidiary in Shanghai, China.

-- Proof that DIAS Business Strategy is Sound -- ALLEN PARK, Mich., June 23 /PRNewswire-FirstCall/ -- DIAS Holding, Inc.

Recent kbb.com Site Traffic Data Reveals Upward-Climbing, Downward-Declining Brands IRVINE, Calif., June 23 /PRNewswire/ -- Kelley Blue Book, www.kbb.com, the leading provider of new car and used car information, today announces the results of the latest analysis by Kelley Blue Book Market Intelligence of recent kbb.com Web traffic patterns, including the top five upward-climbing and downward-declining brands in share of market interest for May 2009 when compared to May 2008.

HARBIN, China, June 23 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc. ("Harbin Electric" or the "Company"; Nasdaq: HRBN), a leading developer and manufacturer of a wide array of electric motors in the People's Republic of China, today announced that it will hold its annual meeting of shareholders at 8:30 AM (Beijing Time) on August 20, 2009 in Weihai, Shandong Province, China at the following address: No.

SINGAPORE, June 23 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), is developing two new alternative energy diesel engines.

Word of the Day
  • A handkerchief.
  • Specifically— The legendary sweat-cloth; the handkerchief of St. Veronica, according to tradition miraculously impressed with the mask of Christ; also, the napkin about Christ's head (Johu xx. 7).
  • In general, any miraculous portrait of Christ.
The word 'sudarium' comes from a Latin word meaning 'a handkerchief'.