Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (18320)	12/10/2004 12:12:46 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Delphi Corp. (NYSE: DPH - News) is revising its Q4 and CY 2004 earnings guidance and providing a 2005 outlook. This is a reflection of the continued pressures from low global production volumes and commodity price increases in Q4, which are expected to have an even greater impact in the first part of 2005. Delphi is taking aggressive cost-reduction actions including implementing plans to further reduce 8,500 positions, in addition to continuing to manage down discretionary costs and capital requirements. Delphi is also placing three additional facilities into its Automotive Holdings Group (AHG) to address underperforming sites. BTW - WTF does this mean: Delphi is also placing three additional facilities into its Automotive Holdings Group (AHG) to address underperforming sites