Title:

Cooper Tire: 1Q08 - Speed Bumps Along the Way

Price:$150.00
Publication Date:May 08, 2008
Source:CreditSights Inc
Report Type:Article
Abstract:CTB’s weak 1Q08 results highlight its vulnerability to weakening consumer demand fundamentals in NA, but it is the significant improvement on the liability management front which is comforting for bondholders.
Brief Excerpt: Cooper Tire: #Q## - Speed Bumps Along the Way CTB's weaker-than-expected quarterly results were already pre-warned and driven by softer demand in the US, pressure from rising raw material prices and higher product liability costs, which...
Word Count:1744
Report Type:Article
Topic:High Yield, Earnings Reports - Industrials/Consumer
Format:HTML HTML
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CreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.

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