BRIEFCASE J.D. POWER RATES LENDERS, LEASERS.Byline: - Staff and Wire Services AGOURA HILLS - J.D. Power and Associates praised USAA USAA United Services Automobile Association USAA Urban Superintendents Association of America USAA United States Achievement Academy USAA United States Arbitration Act of 1925 USAA United States Axemen's Association USAA United States Air-Table-Hockey Association Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks on Wednesday, as the market research group released its 2001 Consumer Financing Satisfaction Study. For the third year in a row, USAA took home top honors in initial auto loan satisfaction, with BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. Financial Services and Infiniti Financial Services placing second and third. Lexus Financial Services won the No. 1 slot in initial lease satisfaction, with Volvo Finance and Ford Credit taking the two and three spots. Wood Ranch BBQ BBQ barbecue adding two spots AGOURA HILLS - Local favorite Wood Ranch BBQ & Grill, Inc. is growing once again. The chain, which currently boasts six spots, announced Wednesday that it would add two additional restaurants. The first will fire up its grill at the Grove at Farmers Market in March and the next will open in June in Rancho Santa Margarita. Simulations Plus boosts software LANCASTER - Simulations Plus Inc. is releasing an upgrade to its QMPRPlus software. The company announced Wednesday that the chemical analysis software would now be able to predict the percent of plasma protein binding A drug's efficacy may be affected by the degree to which it binds to the proteins within blood plasma. The less bound a drug is, the more efficiently it can traverse cell membranes or diffuse. - which reveals how much of a drug bonds to blood proteins - and volume of distribution - which shows how widely a drug will spread throughout the body. Sprint to jettison jettison (jĕt`əsən, –zən) [O.Fr.,=throwing], in maritime law, casting all or part of a ship's cargo overboard to lighten the vessel or to meet some danger, such as fire. 6,000 jobs, ION KANSAS CITY, Mo. - Sprint Corp., citing the weak economy and ``a rapidly changing industry landscape,'' announced Wednesday that it will lay off about 6,000 employees, or 7 percent of its work force, and eliminate 1,500 contract workers' jobs. The company also said it would discontinue its money-losing voice and high-speed Internet unit, ION. The announcements came as Sprint, the nation's third-largest long- distance provider, reported lower third-quarter earnings and a loss for its PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. wireless division. The company also said it is combining its consumer and small-business long-distance operations into one group called ``mass markets'' with a focus on acquiring customers through bundled offerings. Overall, the layoffs and restructuring could save Sprint an estimated $1 billion by 2002, the company said. Dana auto parts to close up plants TOLEDO, Ohio - Auto parts supplier Dana Corp. will cut about 11,000 jobs, or about 15 percent of its work force, through plant closings and consolidations, the company announced Wednesday. The reductions come on top of about 10,000 job cuts made within the past two years because of an oversupply o·ver·sup·ply n. pl. o·ver·sup·plies A supply in excess of what is appropriate or required. tr.v. o·ver·sup·plied, o·ver·sup·ply·ing, o·ver·sup·plies of vehicles and slow U.S. sales. Dana, which makes parts such as brakes and axles, currently employs about 75,000 people and operates about 300 facilities in 34 countries. The company did not say which plants would be closed. About 30 plants are being evaluated, and Dana also will look to hired outsiders to handle some operations now handled by Dana employees, Magliochetti said. EchoStar raising cash for DirecTV Hoping to bolster its effort to acquire the DirecTV satellite television business from General Motors, EchoStar Communications is negotiating $5.5 billion in additional financing for the deal, executives close to the company said Wednesday. By adding a significant amount of cash to its previous all-stock offer, EchoStar might be better able to compete with its rival for DirecTV, News Corp. The loan would enable EchoStar to either sweeten sweet·en v. sweet·ened, sweet·en·ing, sweet·ens v.tr. 1. To make sweet or sweeter by adding sugar, honey, saccharin, or another sweet substance. 2. To make more pleasant or agreeable. its bid beyond the $30.4 billion stock offer already on the table or simply reduce the stock component. General Motors has demanded that at least $5 billion of any offer be in cash. EchoStar has secured a commitment from UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Warburg, its financial adviser, for half of the loan and is near an agreement with Deutsche Bank for the rest of the money, the executives said. |
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