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Letter "R" » Robert Barry Quotes
«What it takes for the currency to recover, however, is that the markets have some confidence that things are going to be mended. The problem is that Indonesia did all the right things early on and announced a number of steps that would have led to more confidence in what's going to happen there and then they didn't carry through on it.»
«What investor wants to buy a company that sells plastics to GM when plastics are going through the roof while the prices GM pays go down?»
«We are not confident the restructuring addresses the core issue that GM brings too much supply to the North American market.»
«The employee discounts created a spike and now it's a case of the higher they climb, the harder they fall.»
«Caution is warranted given uncertainty about the consumer, rising interest rates, raw-material costs and pricing pressure.»
«We think such a move would not occur if prospects for traction on the turnaround plan were tighter. The management change comes at an inopportune time given the challenges ... and severe stresses on the North American business, some of which will likely require longer term attention.»
«But simply realizing tax-related benefits seems less likely to us.»
«The consumer spending environment since midsummer has softened. Our initial estimate is for 2006 sales of 16.8 million units, but we expect aggressive pricing will be needed to achieve that given a weakening consumer.»
«Plans to sell a controlling GMAC stake would likely boost credit ratings and cut funding costs, ... divert earnings from GM.»
«Severe operating challenges still confront GM, including mix, pricing and market-share pressures plus a tough macro outlook as consumers face rising interest rates and energy costs.»