Business Services Industry
Analysts: Dura restructuring plan is comprehensive, but difficult.(News)(Dura Automotive Systems Inc)
Crain's Detroit Business, February, 2006 by Snavely, Brent
Byline: Brent Snavely ***** Correction: A story published on Page 1 of the Feb. 13 edition inaccurately described Dura Automotive Systems Inc.'s restructuring plan. The plan will affect more than 50 percent of the company's worldwide operations, either through product movement or plant closures.
The plan will include the closure of five to 10 of the company's 60 plants. Crain's also incorrectly reported Standard & Poor's corporate credit rating of Dura. On Feb. 9 Standard & Poor's reduced Dura's corporate credit rating from B to B-. (See related story, Page 4.) ***** The restructuring program announced recently by Dura Automotive Systems Inc. (Nasdaq: DRRA) is ambitious both in its size and scope, according to automotive analysts, but also will be...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
