HAYZ

[REALDEALS21]

At least this company is not Delphi..........

ABOUT THE COMPANY:

Hayes Lemmerz International, Inc. engages in the design and manufacture of wheels for the light vehicle market worldwide. Its products include automotive wheels, wheels and brake components for commercial highway vehicles, and powertrain components. The company also offers aluminum nonstructural components for the automotive, commercial highway, heating, and general equipment industries. It operates in three segments: Automotive Wheels, Components, and Other. The Automotive Wheels segment provides fabricated steel and cast aluminum wheels for original equipment manufacturers in the passenger car and light vehicle markets. The Components segment offers suspension, brake, and powertrain components for original equipment manufacturers in the passenger car and light vehicle markets. The Other segment provides wheel and brake products for commercial highway and aftermarket customers in North America. The company is headquartered in Northville, Michigan.


Some news today:

Hayes Lemmerz Initiates Major Restructuring to Enhance Competitive Position
Friday April 7, 8:00 am ET


NORTHVILLE, Mich., April 7 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ - News) announced today a series of actions to strengthen its competitive position, improve profitability and increase long-term value for its shareholders.
Curtis Clawson, President, Chief Executive Officer and Chairman of the Board said, "The last several years have seen profound changes in the competitive landscape of the automotive industry. We are aligning our organization to recognize the realities in the U.S. and to assure continued success in the global automotive marketplace."


   Today's announcements include:

   *  Consolidation of its components operations into an Automotive
      Components Group
   *  Reduction of its wage and benefit costs

   The Company previously announced:

   *  Strategic realignment of its wheel business into a Global Wheel Group
   *  Rationalization of its aluminum wheel manufacturing capacity in the U.S.
   *  Amendment to its $625 million senior secured credit facility

   Consolidation
The Company announced today that it is consolidating its Suspension Components business unit and its Automotive Brake and Powertrain Components business unit, creating an Automotive Components Group. This move is aimed at improving the Company's market focus and streamlining its organizational structure, resulting in a reduction in its corporate and business unit staffs by approximately 45 employees and reducing related costs. As part of this reorganization, the Company appointed Daniel M. Sandberg to the new position of President of the Automotive Components Group. Mr. Sandberg had been President of the Automotive Brake and Powertrain Components business unit.

"We are operating in a highly competitive and challenging business environment," said Mr. Clawson. "This restructuring will make Hayes Lemmerz a leaner, more competitive company that can respond more effectively to business needs and changing market conditions."

Revised Wage and Benefit Plans

As part of its continuing efforts to cut costs, the Company announced today that it is reducing several of its employee wage and benefit programs, primarily at its U.S. locations. These actions include reducing base pay up to 7.5% for its U.S. employees, 10% for the Company's President and Chief Executive Officer and 20% for the Company's Board of Directors, temporarily suspending Company contributions to employee 401(k) plans and restructuring the Company's short term incentive compensation plans for hourly and salaried employees.

"While the wage and benefit changes are difficult, they are necessary for our business to effectively compete against foreign competition," said Mr. Clawson. "The actions announced today will reduce our operating costs, and as part of Hayes Lemmerz' overall cost-improvement initiative, help increase the long-term value of the Company. We're being fiscally responsible, while continuing to provide a fair and competitive compensation package."

Strategic Realignment

As announced in January, the Company strategically realigned its wheel business to strengthen coordination and synergies worldwide. The move combined the Company's North American and International Wheel business units, creating a Global Wheel Group. This move has already resulted in a reduction of over 15% of its staff in the U.S., in the first quarter of 2006. "We will continue to look at additional efficiencies in the organization as capacity is adjusted and launches are completed," said Fred Bentley, Chief Operating Officer and President of the Global Wheel Group.

U.S. Aluminum Wheel Capacity Rationalization

As announced in March, the Company will close its aluminum wheel manufacturing facility in Huntington, Indiana. Remaining production will be transferred to the Company's other aluminum wheel facilities in North America. The Huntington facility will operate through the Company's second quarter of 2006 to service existing contracts and assist in transitioning production. The decision to close the plant was part of the Company's ongoing plan to maximize capacity utilization and overall cost efficiencies. About 185 employees will be affected by this action.

Financial Impact

Hayes Lemmerz expects the combined cost savings from all of the restructuring actions, including the wage and benefit reductions, to generate annual cost savings of at least $35 million.

Credit Agreement Amendment

The Company also recently announced that it has amended its $625 million senior secured credit facility. Among other changes, the amendment favorably modifies certain financial covenants.

"This amendment provides the Company with additional financial flexibility to execute our strategy of product leadership and growth in select geographic regions. We appreciate our lending group's continuing support of our strategic direction and financial priorities," said Mr. Clawson.

2006 Outlook

In 2006, the Company will continue its focus on improving free cash flow and controlling capital expenditures, which are targeted at less than $100 million. The Company expects sales for 2006 to be approximately $2 billion, primarily due to reductions in North American volumes. The Company expects adjusted EBITDA and free cash flow to improve in 2006 versus 2005.

Hayes Lemmerz International, Inc. is a world leading global supplier of automotive and commercial highway wheels, brakes, powertrain, suspension, structural and other lightweight components. The Company has 35 facilities and approximately 10,000 employees worldwide.

This press release includes forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations and beliefs concerning future events that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. All statements other than statements of historical facts included in this release are forward looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward looking statements include the factors set forth in our periodic reports filed with the SEC. Consequently, all of the forward looking statements made in this press release are qualified by these and other factors, risks, and uncertainties.

[setravis]

Press Release Source: Hayes Lemmerz International, Inc.


Hayes Lemmerz Reports Higher Sales, Positive Operating Earnings, Stronger Free Cash Flow and Improved Liquidity for Second Quarter Ended July 31, 2006
Monday September 11, 7:57 am ET


NORTHVILLE, Mich. Sept. 11 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ - News) today reported that sales for the fiscal second quarter ended July 31, 2006 were $583.4 million, up 4.9% from $556.0 million a year earlier. Earnings from operations for the fiscal second quarter were $10.8 million, significantly improved from a loss from operations of $48.6 million in the year earlier quarter. For the second fiscal quarter, the Company's net loss was $26.9 million, improved from a loss of $70.3 million in the prior year quarter.


Hayes Lemmerz reported free cash flow, excluding the impact of the Company's securitization program, of negative $10.3 million in the second quarter, improved from a negative $41.8 million in the year earlier quarter. Liquidity as of July 31, 2006 was $152 million, compared with $129 million a year earlier. In the recent quarter, the Company obtained approximately $30 million of additional liquidity by restructuring its North American securitization program.

"We continue to execute our strategy of growth in the right places, improved cash flow and stronger liquidity," said Curtis Clawson, President, CEO and Chairman of the Board.

The Company reported adjusted EBITDA for the second quarter of 2006 of $49.1 million, an improvement of $10.9 million over the year earlier quarter and YTD adjusted EBITDA was $97.9 million, a $1.9 million improvement from a year earlier.

During the second quarter 2006, the Company put in place North American employee compensation restructuring programs that are expected to save $25 million in 2006 and $10 million per year ongoing and business unit restructuring initiatives that are expected to save $25 million per year ongoing. "These restructuring initiatives enhance our position as a low-cost producer in the industry and improve our competitive position for the future," Mr. Clawson said.

The Company also entered the Russian marketplace during the quarter with a licensing arrangement that will combine advanced Hayes Lemmerz steel wheel technology with a local business partner's market knowledge and experience. "This agreement allows us to participate in this rapidly growing market without the need for any significant upfront investment," Mr. Clawson said.

"I am pleased with our performance for the second quarter. We saw significant improvement in key financial and operational parameters," said Mr. Clawson. "Our sales are up, our productivity continues to improve and we continue to win new business in growing markets," he said. "Some 75% of our $385 million of new business wins in the first half are in international markets, including major wins with Japanese and Korean automakers including Toyota, Hyundai, Nissan and Honda, as well as European manufacturers including Volkswagen, Audi, BMW, Renault and Fiat; in the North American market we are increasingly diversifying our product mix with more cross-over SUVs and more passenger cars," he said. "Given the changing buying patterns of American consumers, this is very important for us."

A core component of Hayes Lemmerz' strategy is to grow by maximizing customer satisfaction. "We are extremely proud that Volkswagen has named our steel wheel plant in Brazil as a 'Supplier of the Year,'" Mr. Clawson said.

For the full year, Hayes Lemmerz expects to achieve sales of $2.2 billion to $2.3 billion, improved EBITDA compared with 2005, and capital expenditures of $80 million to $90 million, and to continue to concentrate on improving free cash flow and cash generation. Capital expenditures in the first half totaled approximately $30 million. For the remainder of the year, the Company will focus its capital expenditures on expanding capacity in low-cost strategic markets, including capacity expansions at Czech, Thai and Turkish aluminum wheel plants and its India truck steel wheel plant.

Use of Non-GAAP Financial Information

EBITDA, a measure used by management to measure operating performance, is defined as earnings from operations plus depreciation and amortization. Adjusted EBITDA is defined as EBITDA further adjusted to exclude asset impairment losses and other restructuring charges, reorganization items and other items. Management references these non-GAAP financial measures frequently in its decision making because they provide supplemental information that facilitates internal comparisons to historical operating performance of prior periods and external comparisons to competitors' historical operating performance. Institutional investors generally look to Adjusted EBITDA in measuring performance, among other things. The Company uses Adjusted EBITDA to facilitate quantification of planned business activities and enhance subsequent follow-up with comparisons of actual to planned Adjusted EBITDA. In addition, incentive compensation for management is based on Adjusted EBITDA. Free cash flow is defined as cash from operating activities minus capital expenditures plus cash from discontinued operations and the sale of assets. Management uses free cash flow to identify the amount of cash available to meet debt amortization requirements, pay dividends to stockholders or make corporate investments.

Conference Call

Hayes Lemmerz will host a telephone conference call to discuss the Company's fiscal year 2006 second-quarter financial results today, Monday, September 11, 2006, at 10:00 a.m. (ET). To participate by phone, please dial 10 minutes prior to the call at (888) 295-5935 from the United States and Canada and (706) 643-7483 from outside the United States. Callers should ask to be connected to Hayes Lemmerz earnings conference call, Conference ID#2693615. The conference call will be accompanied by a slide presentation, which can be accessed through the Company's web site, in the Investor Kit/ presentations section at http://www.hayes-lemmerz.com/investor_kit/html/presentations.html. A replay of the call will be available from 12:00 Noon (ET), September 11, 2006 until 11:59 p.m. (ET), September 16, 2006, by calling (800) 642-1687 (within the United States and Canada) or (706) 645-9291 (for international calls). Please refer to Conference ID#2693615. An audio replay of the briefing is expected to be available on the Company's website on September 13, 2006.

Hayes Lemmerz International, Inc. is a world leading global supplier of automotive and commercial highway wheels, brakes, powertrain, suspension, structural and other lightweight components. The Company has 34 facilities and approximately 10,000 employees worldwide.

This press release includes forward looking statements, which represent the Company's expectations and beliefs concerning future events that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. All statements other than statements of historical facts included in this release are forward looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward looking statements include the factors set forth in our Annual Report on Form 10-K and other periodic reports filed with the SEC. Consequently, all of the forward looking statements made in this press release are qualified by these and other factors, risks and uncertainties.

[setravis]

HAYZ, Hayes Lemmerz Reports Higher Sales, Positive Operating Earnings...

52wk Range: 1.64 - 5.66

Volume: 494,327
Avg Vol (3m): 255,854

Technicals
Percentage Gainer

Last Price Quote is:
20.01%above 13-day EMA
-0.00%below 50-day EMA
RS Rating: 15 

Fundamentals
Reports Earnings
Earnings Expected on Sep 11

Key Data:
Market Cap (M): $70.60 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 12/07/2006
Last Analyst Rating: Equal-weight

[setravis]

Hayes Lemmerz shares rally following third-quarter report


NEW YORK (MarketWatch) -- Shares of Hayes Lemmerz International Inc. (HAYZ : hayes lemmerz intl inc com new
News , chart, profile, more
Last: 3.50+1.01+40.56%

4:45pm 12/11/2006

3.50, +1.01, +40.6%) surged almost 30% to $3.23 on Monday after the Northville, Mich., maker of wheels, brakes and other automotive components reported its third-quarter results. Prior to the opening bell, the company posted a loss of $59.6 million, or $1.55 a share, for the third quarter, wider than a year-ago loss of $13.3 million, or 35 cents a share. Excluding an asset impairment charge of $39 million, Hayes Lemmerz reported earnings from operations of $11.4 million for the latest quarter. Sales slipped 2.4% in the three months ended Oct. 31 to $589.5 million from $604 million in the same period a year earlier. Looking ahead, Hayes forecast sales of between $2.2 billion and $2.3 billion for the full year.


52wk Range: 1.64 - 4.55
Volume: 2,160,088
Avg Vol (3m): 220,132

Technicals
Close Above the 13-day MA
Gap Up
Percentage Gainer

Last Price Quote is:
47.73%above 13-day MA
55.30%above 50-day MA
RS Rating: 98 

Fundamentals
Earnings Expected on Dec 11

Key Data:
Market Cap (M): $95.02 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Equal-weight

[kslifka]

Is anyone in this crazy stock that's been up for 10 straight days??

[pompano]

What up kslifka.  I almost pulled the trigger 2 days ago but I did not want to free up any of my other holdings.  I thought I might be a little late to the party. Oppps.  Anyhow it looks like the target is almost met now. 

[pinoleropuro]

Do you guys think this has been punnished enough?
it looks like daly and weekly stochastics are at the bottom trend is also negative and it closed near support.
could this be a turn around waiting to happen? stock pick report has it ranked as a strong buy.
any thoughts on this board?
Thanks.