LYCOS RETRIEVER
North America: Companies
built 208 days ago
About HSBC - North America — HSBC - North America comprises all of HSBC’s U.S. and Canadian businesses, including the former Household International businesses. The company’s businesses serve nearly 60 million customers in five key areas: personal financial services, consumer finance, commercial banking, private banking and corporate investment banking and markets. Financial products and services are offered under the HSBC, HFC and Beneficial brands. For more information, visit: http://www.hsbcusa.com
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NEW YORK, July 23 /PRNewswire/ -- Bank of America announced today that Michael Fossaceca is joining the company's Global Treasury Services business with responsibility for large corporate clients in North America. Fossaceca will be based in New York.
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Chrysler achieved record sales outside North America in 2007 (238,218 units), outselling any previous year in the Company's history. This was an increase of 15 percent compared with total year sales in 2006, and set another record for the company with more than two and a half years of consecutive month-over-month sales growth. For the month of December, sales grew six percent (22,004 units) compared to the same month last year.
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Wagoner ... said the company has further accelerated its efforts in structural cost reduction, raising the previously indicated $5 billion running rate cost reduction plan in North America to $6 billion by the end of 2006. In addition, GM continues to pursue its plans to target $1 billion in net material cost savings. In total, the plan is to achieve $7 billion of cost reductions on a running rate basis by the end of 2006 — $1 billion above the previously indicated target.
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Olsten Health Services is North America's largest provider of home health care and related services. A leader in specialty pharmaceutical services and nursing services solutions, the company has more than 400 locations in North America. The company ... provides marketing and distribution solutions for pharmaceutical, biotechnology and medical device firms as well as home infusion therapies, health care network management services, skilled nursing services and medical staffing solutions. In 1998, Olsten Health Services had $1.3 billion in revenue and employed approximately 70,000 associates and caregivers.
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The transaction further strengthens IAC's manufacturing footprint in North America and provides added value to existing customers. The facility primarily manufactures and assembles instrument panels and door panels for Ford Motor Company.
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