Labor unrest at Ford’s (F) auto supplier plant in India has prompted the company to shut down its Oakville, Ontario, plant for the week, which employs 3,000 workers in two shifts. The closure would cost Ford 5,000 vehicles. The idled employees would get 65% of regular pay from a combination of funding from the company and employment insurance.  The strike at Rico Auto Industries in the state of Haryana in India turned violent after an employee died recently during a protest. It has triggered a shortage of transmission parts to the Canadian plant. The plant produces Edge SUV, the Flex and Lincoln MKT seven-passenger vehicle and the Lincoln MKX.  Last week, labor trouble had erupted at some of Ford’s plants when some members of United Auto Workers (UAW) declined to ratify the modifications to its 2007 labor contract. The modifications include banning strikes over wages or ...

DrStockPick.com Stock Report!

Thursday August 27, 2009

**************************************************************

MedAssets, Inc. (NASDAQ: MDAS) today announced that its management team will participate in investment firm conferences in September 2009. The Company is scheduled to present at Baird’s 2009 Health Care Conference on Thursday, September 10 at 9:00 am ET in New York City. The Company is also scheduled to present at ThinkEquity’s 6th Annual Growth Conference on Thursday, September 17 at 10:30 am ET in San Francisco.

Ford Motor Company (NYSE: F) today announced it is adding third production shifts at its Dearborn Truck Plant and Kansas City Assembly Plant’s sport utility line to help meet strong demand for Ford F-150 pickups and

...