SobeSVT
07-10-2007, 04:30 AM
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(http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b6C407171-3E23-4F03-9419-7B2D1857C417%7d&siteid=yhoo&dist=yhoo)
Ford, GM upgraded to overweight at J.P. Morgan
By Simon Kennedy
Last Update: 5:48 AM ET Jul 10, 2007
LONDON (MarketWatch) -- J.P. Morgan upgraded General Motors Corp. (GM :
36.77, +0.28, +0.8% ) to overweight from neutral and Ford Co. (F : 9.08, -0.03, -0.3% ) to overweight from underweight, saying signs are emerging that unions will engage in radical changes as the car makers face rising costs from health care benefits. A health care deal along the same lines as that done by Goodyear "could represent the biggest source of earnings upside at both GM and Ford," the broker said.
for more CLICK HERE (http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b6C407171-3E23-4F03-9419-7B2D1857C417%7d&siteid=yhoo&dist=yhoo).
(http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b6C407171-3E23-4F03-9419-7B2D1857C417%7d&siteid=yhoo&dist=yhoo)
Ford, GM upgraded to overweight at J.P. Morgan
By Simon Kennedy
Last Update: 5:48 AM ET Jul 10, 2007
LONDON (MarketWatch) -- J.P. Morgan upgraded General Motors Corp. (GM :
36.77, +0.28, +0.8% ) to overweight from neutral and Ford Co. (F : 9.08, -0.03, -0.3% ) to overweight from underweight, saying signs are emerging that unions will engage in radical changes as the car makers face rising costs from health care benefits. A health care deal along the same lines as that done by Goodyear "could represent the biggest source of earnings upside at both GM and Ford," the broker said.
for more CLICK HERE (http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b6C407171-3E23-4F03-9419-7B2D1857C417%7d&siteid=yhoo&dist=yhoo).