Robert Schulz
Robert Schulz
Robert "Bob" Schulzis a jazz and Dixieland jazz cornetist. Schulz was born in Wonewoc, Wisconsin and attended the University of Wisconsin–La Crosse. He was a band director for 17 years. Then, in 1979, he joined the Turk Murphy Jazz Band of San Francisco. He would stay with them for eight years, until Murphy's death. He went on to lead the Bob Schulz's Frisco Jazz Band, and has put out 6 studio albums, 1 live album, and 1 compilation. Additionally, he...
continuing deal far predicting progress
They're continuing to make progress. So far we're not predicting a deal won't get done.
few optimistic reasons
We see few reasons to be optimistic about 2006.
cause happen negative outlook rating
We have a negative outlook on the company. We don't think anything will happen in 2006 to cause the rating to go up.
both companies months next north progress remedy short time turning vital
Time is short to remedy these issues. The next 18 months is very important. It's vital both companies demonstrate progress in turning around their North American operations.
believe changing consumers continue ford gm lower measures objective perceive perception quality vehicles
Many consumers continue to perceive that GM and Ford vehicles are of lower quality than some objective measures show they really are. We believe changing this perception will be a multiyear process.
magical rating
We always want to have the right rating on a company. There's nothing magical about the timing.
progress
The progress is such that we can have a provisional separation.
definitely few last market positive relatively since wholesale
It's definitely a broadening of the wholesale market, and that's a positive because that market is a relatively new market in the last few years. It's been an important market since their downgrade.
ability concern north performance primary remains turn
Our primary concern remains GM's ability to turn around the performance of its North American automotive operations.
dramatic north
At a minimum, we do not see any dramatic reversals for North American automakers.
america happens north operations
Long term, what happens with their North America operations will be the focus.
begun both broad critical cut difficult efforts ford further gm time
These turnarounds will be difficult and time is short. Both Ford and GM have already begun broad multiyear restructurings to cut costs. Those efforts will be critical in further evaluating both credits.
both companies crucial financial labor leading months negative next north operations progress recent reverse turning
In the next 18 months -- leading up to crucial labor negotiations -- both companies must demonstrate progress in turning around their North American operations to significantly reverse recent negative financial trends.