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Continental Shares Like Lead

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Despite excellent results and an on-going buy recommendation from Deutsche Bank, Continental shares are not rising. The management has announced that the “intelligent tyre” is to be fitted as OE from 2003 but refuses to name the car manufacturer. The management also feeds speculation regarding a joint venture partner for brakes in Asia.

Related news:

  1. Reports: Continental May Sell Bonds in Refinancing Move
  2. Bridgestone Forecasts ‘Overly Pessimistic’
  3. Analysts Raise Continental Target Price
  4. Continental Q2 Results Preview
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