James Francis Kelleher PC QC (October 2, 1930 – June 2, 2013) was a Canadian politician and retired senator. (wikipedia)
It's a bold move. Renault will have its hands full.
You could argue the Dow Corning litigation has had a significant impact on Dow Chemical.
You could almost argue that investors sense some relief.
The choice to elevate a much younger man might signal not so much an impatience with the current pace of development, but a willingness to make more substantive changes.
Ford has been able to run essentially unopposed. All through the strike GM's main concern was the new pickup rolling out on time. They're pledging to return to 31 percent of market share. By October, (GM's) sales should be up to more realistic levels.
A lot of people predicted a much sharper falloff. If you look at the numbers, they're not really alarming.
As other technology companies were gazing at their navels, Corning was redressing its balance-sheet sins.
There are a lot of reasons why (Wall Street) just isn't happy about this restructuring.
There's no long-term relief in sight for Dow Chemical. It remains a big target. But it doesn't mean it remains a vulnerable target.
