41 ordspråk av John Novak

John Novak

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It doesn't mean that a resolution is at hand, but it certainly means they put some numbers on paper, and they have to have some degree of confidence that it is going to be in this neighborhood.

It is a natural next step in the process. (Collins & Aikman) has made some ill-timed investments over the years and it should help those players left in the fabrics industry.

It is a small, but positive sign. They still have a ways to go. Reaching a win-win is going to be extremely difficult.

It is not surprising how they arrived at this mess because they had so many issues going on, but the market isn't going to like that they didn't follow through on what they said. This is another element of uncertainty.

It looks like it was a solid quarter. They continue to benefit from strong demand for emissions controls products.

It looks like they are making progress on their restructuring plan. It is far too early to call this a success, but they are moving in the right direction.

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.

It's a bad day for the entire sector. There's a realignment of earnings expectations across the sector. Some expectations were too high.

It's an area that could support a corporate headquarters of that size. You're talking about a business that gets considerable support from its global operations. I think Nashville is large enough where you could attract the talent.

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.

It's hard to imagine what the upside catalyst is, what specifically is going to change things and lead GM to a turnaround. The list of negatives is so long, and you look at the positives and there's just not enough there to have any confidence at all. ... It probably will get worse before it gets better, so it's possible that GM will be a buy again someday, but that day's a long way off.

Miller isn't afraid to make tough decisions. You will see some action here in the next couple of months. This is measured in months, not years at this point.

None of the houses received damage.

On first glance, they looked fairly positive especially given the tough industry conditions. Building controls continues to do well and autos faces considerable challenges but managed to hold up its end.

The company ultimately needs to shrink. The question is, can they do that in or outside of court.

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