It will send a message to the UAW that shareholders are also sharing in the pain, and the union members are not the only ones being asked to make concessions.
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It looks like it was a solid quarter. They continue to benefit from strong demand for emissions controls products.John Novak
All three groups are having meetings at various times and word leaks out from those meetings and for the next half hour that determines the direction of the stock.
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I would think you'd be able to run an auto company's North American division out of there, ... Considering they already have the manufacturing operations there, that would make sense.
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It's an interesting and potentially far-reaching deal, but we don't know what the ultimate economic consequences will be yet. If they can convince a significant number of people to take these offers, it would be money well spent.
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There is just considerable and growing uncertainty surrounding GM and Ford Motor Co. (F.N Quote , Profile , Research ), and that ripples through the industry.
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The company ultimately needs to shrink. The question is, can they do that in or outside of court.
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