Reverberations from the Sept. 11 anti-U.S. terrorist attacks continue to be felt in the supplier community. Ratings on Dana Corp. and subsidiary Dana Credit Corp. are placed on Standard and Poor’s CreditWatch with negative implications, citing weak credit protection measures, cash-flow pressures, increased debt burden and earnings declines. The company expects a third quarter operating loss, says Dana Chairman and CEO Joe Magliochetti. "We now expect to incur a small loss from operations ...
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