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John Novak Quotes

«It's an interesting and potentially far-reaching deal, but we don't know what the ultimate economic consequences will be yet. If they can convince a significant number of people to take these offers, it would be money well spent.»
Author: John Novak
«The industry's old economics aren't working, and Wilbur brings a fresh perspective to the problem. He's buying many of these assets on the cheap. Everyone is expecting big structural changes.»
Author: John Novak
«None of the houses received damage.»
Author: John Novak
«Going forward, we assume Algoma will continue to be opportunistic in making additional share buybacks and special distributions.»
Author: John Novak
«It is a natural next step in the process. (Collins & Aikman) has made some ill-timed investments over the years and it should help those players left in the fabrics industry.»
Author: John Novak
«On first glance, they looked fairly positive especially given the tough industry conditions. Building controls continues to do well and autos faces considerable challenges but managed to hold up its end.»
Author: John Novak
«These suppliers who are dealing with 20% or 30% or 40% increases in raw materials, you can't expect them to absorb that pain indefinitely.»
Author: John Novak
«(Auto makers) recognize how many of the Top 50 suppliers are in bankruptcy.»
Author: John Novak
«It looks like it was a solid quarter. They continue to benefit from strong demand for emissions controls products.»
Author: John Novak
«It looks like they are making progress on their restructuring plan. It is far too early to call this a success, but they are moving in the right direction.»
Author: John Novak

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