GT -2.8% pre market
ML trade down 60bps on the news and just back on level
CON didn't really moved
NRE1V traded down 30bps and back on level now
- Impact on Q4 earnings to be $0.15-0.20/shr, lower than prior expectations
- Expect free cash flow to be slightly better than anticipated at time of Q3 call; capital allocation plan remains on track
- In EMEA region, industry negatively impacted by warmer than expected winter that lasted through the quarter; one of the warmest on record
- Reiterates FY15 SOI +10-15% y/y, global volume +1-2% y/y, capex $1.2B, FX headwinds in FY15 to be similar to FY14