This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Federal-Mogul Management Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: FDML

Federal-Mogul (FDML)

Q2 2012 Earnings Call

July 26, 2012 10:00 am ET

Executives

David Pouliot - Director of Investor Relations

Rainer Jueckstock - Chief Executive Officer, Director and Member of Strategy Board

Michael T. Broderick - Chief Executive Officer of Global Aftermarket Division

Alan J. Haughie - Chief Financial Officer, Senior Vice President and Member of the Strategy Board

Analysts

Brian Sponheimer - Gabelli & Company, Inc.

David L. Kelley - BB&T Capital Markets, Research Division

Michael Tanzer

Presentation

Operator

I would now like to turn the conference over to your host for today, Mr. David Pouliot. Please proceed.

David Pouliot

Thanks, Francel. Good morning, and thank you for joining Federal-Mogul's Second Quarter 2012 Earnings Conference Call.

Before we begin, I would like to refer you to the company's Safe Harbor statement shown on this page of the presentation and included in our earnings press release filed this morning. Please consider my reference to the statement as notification of the applicability of these Safe Harbor provisions to today's call and the documents referenced during the call.

Please turn to the agenda slide. We will have speakers today that provide an update on our quarterly results and recent developments in the company. After their comments, we will finish with closing remarks and then open up the call for your Q&A.

Rainer?

Rainer Jueckstock

Thank you, David, and good morning to everybody on the phone. Before we go into the second quarter results of Federal-Mogul, I want to introduce Mike Broderick, the CEO of our Aftermarket segment. He finished his first month now with Federal-Mogul, and he's getting familiar with Federal-Mogul, its people, products and structure. Mike, your turn.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs