July 28 (Reuters) - Shares of Stoneridge Inc. rose nearly 17 percent after the auto electrical components maker forecast higher earnings for the year. Chief Executive Officer John Corey said the company's current outlook was based on continued strength in its global commercial vehicle business, which would offset lower North American light vehicle production. The company said it now expects 2006 earnings in the range of 50 cents to 60 cents a share, compared with its earlier forecast of ...
Premium Content (PAID Subscription Required)
"Stoneridge shares soar on higher 2006 earnings view" 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- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.