Magna International

                   

EDC's Chrysler action signals growing fears

theglobeandmail.com
yesterday 3 related
        

Agency declines to take new requests from parts makers to insure receivables GREG KEENAN From Monday's Globe and Mail The federal government's Export Development Canada is refusing any new requests by auto parts makers to...

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Regardless of bailout, auto supplier failures could cause industry's `house of cards' to fall

startribune.com
yesterday 800 related
        

By BREE FOWLER , Associated Press NEW YORK - The financial woes of U.S. automakers have grabbed Washington's attention, but similar problems at auto suppliers have the potential to set off a cataclysmic chain of events in the...

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Supplier woes put US auto industry in danger

iht.com
yesterday 6 related
        

The financial woes of U.S. automakers have grabbed Washington's attention, but similar problems at auto suppliers have the potential to set off a cataclysmic chain of events in the industry if key parts makers run out of cash...

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yahoo.com: Reuters Deals Today yahoo.com

RPT-Bay Street Week Ahead-Less bang from the lower Canada buck (at Reuters)

yahoo.com
yesterday 1 related
        

By Frank Pingue TORONTO, Nov 16 (Reuters) - The Canadian dollar's fall to a four-year low last month should make Canada's exports more attractive to U.S. customers, but the plunge in the economy south of the border makes a big...

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Novolipetsk Won't Buy Maneely

moscowtimes.ru
yesterday 8 related
        

17 November 2008Novolipetsk Steel, Russia's biggest steelmaker by market value, said Sunday that it has terminated an agreement to buy John Maneely Co. of the United States from The Carlyle Group. "I can confirm the contract...

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How Low Can They Go? (CUK, JNS, MIM)

investopedia.com
14-Nov-2008 1 related
        

November 14, 2008 | By Will Ashworth Liz Claiborne (NYSE:LIZ) is just one of more than 900 stocks currently trading at a 20-year low. Liz stock closed at $4.70 Wednesday, down significantly from its all-time high of more than...

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Chrysler Urges Bailout, Washington Split

epochtimes.com
14-Nov-2008 1,046 related
        

DETROIT—Goldman Sachs suspended its rating on General Motors Corp on Thursday and said the automaker needs at least $22 billion in federal aid, while Chrysler said it would be "very difficult to survive" without government...

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Carmaker crisis hits suppliers

detnews.com
14-Nov-2008 2 related
        

The fallout from the financial crisis in the auto industry is reverberating down the parts supply chain of Detroit's Big Three, with more cost cutting, job losses, bankruptcies and liquidations expected.

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S&P cuts 2 parts suppliers, warns on 13 others

ibtimes.com
13-Nov-2008 6 related
        

NEW YORK - Standard & Poor's cut its ratings on two auto parts suppliers and warned several others could be next, citing the steep downturn in the auto industry. The credit ratings agency cut its long-term corporate credit...

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WRAPUP 2-Goldman suspends GM rating, says bailout needed

finanznachrichten.de
13-Nov-2008 112 related
        

By Soyoung Kim DETROIT, Nov 13 (Reuters) - Goldman Sachs suspended its rating on General Motors Corp on Thursday and said the automaker needs at least $22 billion in federal aid to survive a deepening industry downturn. The...

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