UPDATE 1-Continental keeps '06 targets as Bridgestone warns

Newswire

(Adds background) HANOVER, Germany, June 27 (Reuters) - German automotive parts and tyremaker Continental AG reaffirmed its full year forecast on Tuesday after Japanese rival Bridgestone cut its earnings forecast by 35 percent. "We have no information that would cause us to deviate from our targets," Chief Executive Manfred Wennemer said. "Everything speaks for a rise in annual revenue and earnings as we had forecast," he continued, adding that its tyre business generates less than ...

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