It seems like perceptions in Detroit have changed quite a bit, and people are nervous about GMs future, ... This health care deal doesnt solve GMs problems, but its a very good step.
More Quotes from Rod Lache:
It looks like cost savings are trending better than expected and Asia and Latin America are getting close to turning the corner. On the negative side, Europe is having some pretty disappointing profitability.Rod Lache
It doesn't give them the critical mass they need in Japan or any other Asian market. They want to have 25 percent of the Asian market. It's very strongly implied there will be more ma activity in the market.
Rod Lache
We believe that Dana is struggling to obtain secured bank financing and a bank deal may not materialize, or if it does, it may be too small to allow Dana to weather company specific and industry head winds.
Rod Lache
Dana is struggling to obtain secured bank financing and a bank deal may not materialize. We remain concerned that Dana will be unable to overcome weak demand outlooks.
Rod Lache
Investors will have fresh questions about the feasibility of the company's 1 billion material cost savings goal in 2006. This is clearly a bad situation, but maybe not as bad as it originally appears.
Rod Lache
Sales of 16 million now looks a lot less profitable than 16 million did a few years ago,
Rod Lache
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