NEW YORK (Dec. 27)—A securities analyst has cut his 2003 earnings forecast for automotive suppliers Dana Corp. and Lear Corp., citing declining vehicle sales and probable production cuts by the Big 3 auto makers. Rob Hinchliffe of UBS Warburg reduced his earnings prediction for Dana to $1.25 per share from $1.50, and for Lear to $4.65 from $4.80.
Analyst cuts earnings forecast for Dana, Lear
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