- If valuations remain low, company should make an acquisition this year.

Other headlines for [FR.FR]

• Yesterday 06:25am
  (FR) French President Sarkozy: State managed companies to increase spending by €4B- Will include €4B investment in Rail, Energy and Postal state run companies - Stimulus to add more than €20B in more...
  
• 12/3/2008 09:20pm
  (FR) French President Sarkozy plans to pay €1,000/car sent to scrap yards - Le Monde- The move is aimed at supporting the domestic auto market. - Back on 12/2, Le Monde reported that French Pres more...
  
• 11/17/2008 02:21am
  (FR) French Fin Min Lagarde: Expects to see more difficult times ahead in regards to employment figures- EU commission to issue formal proposal list on Nov 26 - France is considering a support more...
  
• 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...
  
• FR.FR 10/22/2008 12:45pm
  Valeo SA Moody's downgrades ratings to Baa3 from Baa2
  

Industrials sector headlines

• AXL Today 09:01am
  American Axle & Manufacturing Holdings Inc. Signs asset purchase deal with FormTech- AXL exchanged its hub and spindle forging business for FormTech's differential gear, hypoid pinion and ring gear forging businesses. In order to compensate more...
  
• USG Today 08:55am
  USG Corp Amends Rights Plan to Limit Future Changes that Could Adversely Impact Tax Benefits- Adopted an amendment to its existing shareholder rights plan that is intended to protect the value of the more...
  
• DAI.GE Today 08:48am
  Daimler Reports Nov Mercedes Benz sales at 74.4K units -27% y/y- 11-month sales -4.1% y/y
  
• WAT Today 08:17am
  Waters Corp Price target cut to $50 from $62 at Merrill Lynch
  
• PLL Today 08:16am
  Pall Corp Price target cut to $32 from $36 at Merrill Lynch