Dana Corp. News Page
Here's a link to the 'News' Page at the official Dana Corporation site. If your sole source of news was this site, you'd have no idea why Dana's stock has plunged by over 50% in the past week. Last Tuesday, Dana stock traded over $4.00 per share. Today (Monday 2/27) it's hovering just under the $2.00 mark.
Dana MediaRoom - News Releases
Various news stories report that Dana hired a specialized turn around firm, and that caused the stock to slide. Today, Dana announced that it was looking into financing alternatives, "a move seen as reducing the immediate risk of a bankruptcy filing," according to Reuters.
Dana talks
Monday, February 27, 2006
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