Some Investors Say The Worst Is Over. Others See Dangerous Complacency In The Face Of Weak Markets. “We doubt BMW can recover to historic margins”. BMW, as expected, lost money in the first quarter, but some investors say the worst is over and applaud the company for its handling of the recession, while critics say […]
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Nuggets Found In BMW Numbers After Initial Depression
Cash Preservation Impresses Investors. BMW Cut Production Faster Than Sales Were Falling. BMW lost money in 2008’s fourth quarter, but investors turned surprisingly bullish about the German luxury car maker’s prospects after they’d put the numbers under the microscope. “The earnings looked disastrous at first glance,” said Commerzbank analyst Daniel Schwarz. Indeed they did. BMW […]