- Notes that financial position remains strong depite current challenges

Other headlines for [GKN.UK]

• GKN.UK 11/24/2008 09:35am
  GKN Plc Expects global schedules for Nov and Dec to be 20% lower y/y- Sees Expects a trading loss in Nov and Dec for automotive business - Sees no change to outlook for offhighway and aerospace - Have more...
  
• EAD.FR 11/24/2008 06:05am
  European Aeronautic Defence & Space Co. Exec VP Williams: A350 XWB program remains on track, progressing well- Expects to end the year with a total of 800 aircraft orders - Have signifcant order backlog of over 3,700 aircraft
  
• GKN.UK 11/14/2008 09:34am
  GKN Plc Last week has seen significant reductions in customer schedules; anticipate 2 month period to be 20% lower than earlier expectations- Notes that financial position remains strong depite current more...
  

Industrials sector headlines

• JBLU Today 02:07pm
  JetBlue Airways Corp Reports Dec Load Factor 79.4% v 76.8% y/y- RPMs -1.8% y/y - ASMs -5.1% y/y
  
• FR.FR Today 01:28pm
  Valeo SA Moody's lowers Long term rating cut to Ba1 fom Baa3; now junk status; affects €1.1B worth of debt
  
• NSANY Today 01:24pm
  Nissan Motor Co., Ltd Announces recall of 243K trucks and SUVs due to airbag sensor issues
  
• DAL Today 01:19pm
  Delta Air Lines Inc Reports Dec load factor 80.1% v 77.7% y/y- ASMs 9.78M (+0.7% y/y) - RPMs 12.2M (-2.4% y/y)
  
• CAE Today 01:12pm
  Cascade Corp. Shares downgraded to underperform from neutral rating at DA Davidson (timing uncertain)