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INAUTONEWS (Free subscription) | 11/06/2009
Magna International Inc is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co’s European operations, the auto parts maker’s co-CEO, Don Walker, said on Thursday. GM’s board of directors had approved the sale of a 55 percent stake in Germany-based Opel to the [...] > Read complete article inside...
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Gasgoo.com (Free subscription) | 11/06/2009
Magna International Inc is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co's European operations, the auto parts maker's co-CEO, Don Walker, said on Thursday.
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The Earth Times Online Newspaper (Free subscription) | 11/06/2009
Washington - Canadian-Austrian car-parts maker Magna International Inc Thursday posted its first quarterly profit since the third quarter of 2008. The company said it earned 51 million dollars, or 45 cents per share, in the third quarter, reversing a...
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San Fransisco Chronicle (Free subscription) | 11/05/2009
Shares of TRW Automotive Holdings Corp. rose Thursday, a day after the auto parts supplier reported a third-quarter profit that beat Wall Street predictions and raised its fiscal year projections. TRW shares rose $1.04, or 5.7 percent, to $19.29 in midday... Wall Street - Fiscal year - List of auto parts - TRW Automotive Holdings - Shopping
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StreetInsider.com News Articles (Free subscription) | 11/05/2009
UPGRADES: Barclays Capital has upgraded shares of Palm (NASDAQ: PALM) from the dreaded Underweight to Equalweight this morning, also reducing his price target from $12 to $11. Deutsche Bank upgrades Vale SA (NASDAQ: VALE) from Hold to Buy. Price target increased to $30. Click Here for more color. KeyBanc upgrades TRW Automotive Holdings (NYSE: TRW) from Hold to Buy. Price target $29. Click Here for...
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Just Auto (Free subscription) | 11/05/2009
Lear Corporation's reorganisation plans has been cleared by a bankruptcy court in New York, opening the way, after only four months, for the supplier to emerge from bankruptcy.
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PR News Wire (Free subscription) | 11/05/2009
SOUTHFIELD, Mich., Nov. 5 /PRNewswire-FirstCall/ -- Lear Corporation, a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, today announced that the U.S. Bankruptcy Court of the Southern District of New York has entered an order confirming the Company's Plan of Reorganization, clearing the way, after only four months, for Lear to emerge from...
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People Daily (Free subscription) | 11/05/2009
Opel labor representatives called for work stoppages across Europe to protest General Motor Co's decision not to sell its European subsidiary. Klaus Franz, chairman of Opel's works council, said workers would walk out starting today in brief, so-called "warning strikes" over GM's decision to call off a deal with Canadian parts maker Magna International Inc and Russian lender Sberbank. GM's...
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San Diego Union (Free subscription) | 11/04/2009
TRW Automotive Holdings Corp. posted a third-quarter profit of $56 million on Wednesday, as cost cuts helped the auto parts supplier recover from a loss a year earlier. It also raised its full-year sales forecast.
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BloggingStocks (Free subscription) | 11/04/2009
Filed under: AutoZone Inc (AZO) AutoZone Inc.'s stock (NYSE: AZO ) remains a bit of an enigma, hence for now, I'm placing a Hold on the company's shares, first recommended on March 39, 2009 at a price of $163.40. Auto parts chain AutoZone's forecast revenue growth for FY2010 of 4-6% is sufficient following a 4.5% gain in FY2009, including a 5.4% increase in same store sales in Q4. The headwinds are...
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Just Auto (Free subscription) | 11/04/2009
TRW Automotive Holdings on Wednesday reported third quarter net earnings of US$56m, or $0.50 per share, which compares to a net loss of $54m a year ago on sales down 13.5% to $3.1bn.
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Rocky Mount Telegram - Business (Free subscription) | 11/04/2009
LIVONIA, Mich. — TRW Automotive Holdings Corp. posted a third-quarter profit of $56 million on...
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kansascity.com (Free subscription) | 11/04/2009
TRW Automotive Holdings Corp. posted a third-quarter profit of $56 million on Wednesday, as cost cuts helped the auto parts supplier recover from a loss a year earlier. It also raised its full-year sales forecast.
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aarkstore | 08/04/2009
Magna International Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Magna International Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. Magna International (Magna) designs, develops and manufactures automotive systems,...
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aarkstore | 07/29/2009
BorgWarner Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. BorgWarner Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. BorgWarner is a product leader in highly engineered components and systems for vehicle powertrain applications...
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trymi | 07/20/2009
Magna International founder, Frank Stronach, revealed plans to build electric vehicles and its components at factories in Canada within three years. Speaking with officials in the Canadian capital this week, Stronach said that he was not looking for grants or handouts from the government.