Given recent macro and consumer data have been positive, Travis is a great recovery story on a 12-month view. It remains one of our top picks for 2006. |
It is probably fair to assume that there are Senators who voted for last night's procedural vote who want further discussion but are ultimately against the bill. |
This is a pretty hot issue. |
We remain unconvinced that an acquirer would be interested in buying/merging with Hanson, unless the asbestos liabilities were capped in law. We continue to believe that the probability of asbestos reform becoming law in 2006 is extremely thin. |