Date updated:04-10-2007
In a decision that could mark the turning point in the national debate over climate change, the Supreme Court rules that carbon dioxide and other so-called greenhouse gases are air pollutants under the Clean Air Act, and that the Bush administration broke the law in its refusal to limit emissions of those gases. Auto makers have long operated under what amounts to a carbon-emission limit.Over the years the industry has beaten back calls for toughening those rules.Now political momentum to significantly toughen the rules is increasing. The adajacent list of public companies supply emission control parts to OEM's in the US and abroad.

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ARM
Arvinmeritor Inc - $7.90
- +0.13%
- $7.70
P/E: 13 Beta:1.69 Rating: Upgraded at Goldman from Sell to Neutral with a 6-month target price of $20.

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SMP
Standard Motor Pr - $8.33
- -1.19%
- $8.36
P/E:29 Beta:1.45 Standard Motor Products reports a Q4 loss of $0.08 (excluding loss on the divestiture of the European Temperature Control business, Q4 EPS was $0.09 profit) vs. consensus for a loss of $0.02. Revenues were $169 million vs. $171.09 million consensus.The CEO said, "We continue to work on additional improvements. We previously announced our plans to close our Puerto Rico manufacturing facility, and we recently announced our proposal to close our Long Island City plastic molding operation. The majority of the combined production from both facilities will go to a new operation in Reynosa, Mexico. We estimate one time costs of $9 million, and annual savings, once the moves are complete, of $9 million. We anticipate the moves will occur over the next 18-24 months."

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BWA
Borg Warner Inc - $31.84
- 0.00%
- $N/A
P/E:19 Beta:1.09 Rating:Goldman raised '07 and '08 EPS estimates to reflect recent restructuring actions. BWA's revenues and earnings outlook remains string given its leverage to key auto growth trends, inckuding emissions, fuel economy and engine performance.

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CLC
Clarcor Inc - $30.22
- 0.00%
- $N/A
P/E: 20 Beta:1.29 Rating:Analysts at Robert W Baird upgraded Clarcor Inc from neutral to outperform on March 23. The target price has been reduced from $37 to $36.

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FSYS
Fuel Systems Solu - $44.59
- +0.63%
- $43.12
P/E:35 Beta:1.19 Fuel Systems solutions receives Nasdaq staff determination letter Co said it has received a staff determination letter from Nasdaq stating that the company's Form 10-K for fiscal year 2006 has not been filed, which violates Nasdaq's continued listing requirements. No delisting action will take place prior to the hearing, which is typically held 30 to 45 days after the date of the hearing request.
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A. The only one I own : SLX,
too hard pick a winner out all of them
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