Baird Drops Analyst Coverage of Delphi; Once-Mighty Auto Parts Supplier Likely to Fade Away,' Economist Says
The Milwaukee Journal Sentinel › January 10, 2006
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Summary
Robert W. Baird & Co. has dropped its analyst coverage of Delphi Corp., one of the world's largest auto-parts suppliers.
After the announcement, Delphi shares closed at less than 38 cents. The Troy, Mich., company has operated under bankruptcy protection since October and has threatened to default on its pension obligations.See the full content of this document
Extract
Baird Drops Analyst Coverage of Delphi; Once-Mighty Auto Parts Supplier Likely to Fade Away,' Economist Says
A New York bankruptcy judge has given Delphi until August to develop a plan to emerge from bankruptcy.
"Recent ...See the full content of this document
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