Briefs: International puts union talks on hold

WARRENVILLE -- International Truck and Engine Corp. said Thursday that the United Auto Workers union has put bargaining sessions on hold to review the company's proposals for a contract to replace the one that expired this week. The employees have continued to work without a contract since the most recent pact expired Monday. The UAW represents about 3,700 employees at nine International Truck and Engine facilities in Indianapolis and Fort Wayne, Ind.; Melrose Park, Ill.; Springfield, Ohio; York, Pa.; Atlanta and Dallas. The company has a total of about 16,000 workers.

Boeing delivers more airplanes

CHICAGO -- Boeing Co. said Thursday it delivered 9 percent more commercial airplanes in the third quarter than a year ago, with the single-aisle 737 model accounting for three-quarters of the total. The Chicago-based aerospace company delivered 109 planes in the period, up from 100 a year earlier. Boeing delivered 81 of its stalwart 737 in the quarter for a total of 250 so far this year. Chief Executive Jim McNerney said earlier this year that the company expects to overtake European rival Airbus in deliveries by early 2008.

Tellabs warns of lower 3Q revenue

NAPERVILLE -- Tellabs Inc. Thursday said preliminary revenue estimates show its third quarter revenue will be lower, possibly $452 million to $460 million, due to lower-than-expected revenue from wireless service providers in North America. Gross profit margins are expected to range from 31 percent to 32 percent, reflecting fewer products sold. "We remain focused on improving profit margins as Tellabs' new products take root in our customers' networks," said Tellabs CEO Krish A. Prabhu.

DaimlerChrysler gets new name

BERLIN -- The corporate name DaimlerChrysler ended Thursday, but only after investor grumbling. Shareholders approved management's proposal to rename the group simply Daimler AG -- erasing an unwelcome legacy of the failed $36 billion merger in 1998 that joined Daimler-Benz and Chrysler Group. The great-great grandniece of German automotive pioneer Carl Benz urged shareholders to restore her ancestor's name to the masthead and right a historic injustice. "The company could also be called Benz AG," suggested Heidemarie Hirsch, whose family tree includes the man who in 1886 filed the first patent for an automobile.