The numbers are much worse than I thought they would be, especially given how Ford beat the estimates earlier this week.
More Quotes from Kevin Tynan:
It kind of makes you wonder. That's his gig. That's where he came from. You have a hard time believing he's unaware of things like this, or didn't know what was going on. It's certainly disconcerting, at best.Kevin Tynan
Is this another blow to management I would say yes. But you can't say management was on very steady ground in the eyes of investors.
Kevin Tynan
This is a crucial time for GM. They need to get everyone talking because they are the ones that really have the most to lose with a strike.
Kevin Tynan
The sequential decline in GMAC's income reflects the increase in their borrowing costs following the credit downgrades.
Kevin Tynan
That could really short circuit the cost benefits GM expects in the second half of the year.
Kevin Tynan
This is not a company you would buy for its fundamental attributes or its operational strengths.
Kevin Tynan
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