BRIEFCASE GARCIA PROMOTED TO IRIS PRESIDENT.Byline: - Staff and Wire Services CHATSWORTH - Cesar Garcia Cesar Garcia is the Director General of the National Intelligence Coordinating Agency. He is a graduate of the Philippine Military Academy class 1970. has been promoted to president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of International Remote Imaging Systems Inc., the company announced Monday. Garcia came to the urinalysis systems manufacturer in 2002 as a corporate executive vice president, handling the diagnostics division and the StatSpin subsidiary. Before joining IRIS, he worked in the management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects field and for various medical device manufacturers, including Bayer USA Bayer USA is the Pittsburgh-based American arm of Bayer. Its headquarters are located in Robinson, a Western suburb of the city. In addition to these main offices, it has 30 additional corporate centers in 17 states from California to Georgia to Massachusetts. and Cytometrics Inc. J.D. Power names Goodall new CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. WESTLAKE VILLAGE - J.D. Power and Associates on Monday named Stephen C. Goodall chief executive officer. Goodall has served as president and chief operating officer of the market research firm since 1996, before which he worked as a senior partner overseeing North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. research. He also founded the company's Troy, Mich., office in 1989, aimed at facilitating closer interaction with the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . 6-month T-bills at record low rate WASHINGTON - Interest rates on short-term Treasury securities fell in Monday's auction, with rates on six-month bills dropping to their lowest level on record. The Treasury Department sold $18 billion in three-month bills at a discount rate of 0.840 percent, down from 1.005 percent last week. An additional $18 billion was sold in six-month bills at a rate of 0.845 percent, down from 0.980 percent. The three-month rate was the lowest since June 30, 1958, when the bills sold for 0.768 percent. The six-month rate was the lowest since the government began selling these bills on a regular basis in 1958. In a separate report, the Federal Reserve said Monday that the average yield for one-year constant maturity Treasury bills, the most popular index for making changes in adjustable rate mortgages This article is about the US mortgage type. For an international perspective, see Variable rate mortgage. An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically adjusted based on an index. , fell to 0.97 percent last week from 1.08 percent the previous week. Best Buy unloads Musicland Group RICHFIELD, Minn. - Electronics retailer Best Buy Co. said Monday it has shed its troubled Musicland Group, turning it over to Sun Capital Partners, a Florida-based private investment company. Best Buy shares rose. Sun Capital Partners paid no cash but assumed all of Musicland's liabilities including its lease obligations. Kmart losses fallfrom '02 period TROY, Mich. - The holding company of Kmart Corp. reported Monday that its first-quarter loss narrowed from a year ago as the discount retailer worked to emerge from bankruptcy - a sign seen as encouraging by investors and some analysts. The loss for the quarter ended April 30 was $862 million, or $1.65 per share, compared with $1.44 billion, or $2.87 per share, in its fiscal 2002 first quarter. |
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