Federal-Mogul Corp. says it expects financial results for the second half of its fiscal year ending Dec. 31, 1999 to fall below consensus estimates. A weak global aftermarket and start-up problems with the company's camshaft business are blamed for the less-than-anticipated earnings from operations, now expected to range between $1.00 and $1.05 for the second half and $4.20 to $4.30 for the year. Additionally, the company estimates cash flow from operations to be $200 million to $250 ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.