Malaysia's Juan Kuang Books Lower Yr Pre-Tax Profit (Asia Pulse

Malaysia's Juan Kuang Books Lower Yr Pre-Tax Profit (Asia Pulse via Yahoo! Australia & NZ News)
Juan Kuang (M) Industrial Berhad (KLSE:8842), a manufacturer of auto parts, has recorded a 13.5 per cent slump in annual group pre-tax profit due to higher costs of raw materials used by its manufacturing division.

Buyouts tricky for employees and employers (Houston Chronicle)
General Motors Corp.'s offer to buy out more than 125,000 workers from GM and its auto parts supplier, Delphi Corp., put a spotlight on a tactic that many companies and the government use to cut costs.