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News Breaks
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February 12, 2012
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| 10:42 EDT |  | DAN |
| theflyonthewall.com: | Dana Holding is back on the road to prosperity, Barron's says | | Dana Holding (DAN) is a revitalized, retooled company after emerging from Chapter 11 four years ago and gaining a new CEO with a great track record, Barron's reports. CEO Roger Wood is adjusting product lines, focusing on those with higher margins, and cutting costs. Dana is now is riding a cyclical resurgence in auto sales in North America. On Feb. 21, the company is expected to report that 2011 sales hit $7.6B, 25% above the 2010 level, and that earnings more than doubled, to $1.60 a share. Mario Gabelli, CEO of Gamco Investors (GBL), is a fan of Dana, which he recommended at last month's Barron's Roundtable investment forum. http://online.barrons.com/article/SB50001424052748704858604577199013491935998.html?mod=BOL_twm_fs :theflyonthewall.com |
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