(Adds S&P analyst "strong buy" opinion, CEO comments on conference call, updates share price)
(In 7th paragraph, corrects sales figure for Europe and Africa to $1.83 billion, not $1.58 billion)
DETROIT, July 25 (Reuters) - Lear Corp, maker of auto seats and electrical power systems, on Friday beat Wall Street's earnings expectations for the second quarter and increased its full-year outlook.
Lear (NYSE: LEA ): Q2 EPS of $2.21 beats by $0.24 . Revenue of $4.6B (+11.9% Y/Y) beats by $170M . Press Release Post your comment!
Auto supplier stocks shoot higher from negative territory after a report breaks on ZF Friedricshafen talking with TRW about a buyout. On the move: Lear ( LEA +0.8% ), Autoliv ( ALV +0.2% ), Delphi Automotive ( DLPH ), and Visteon ( VC -0.4% ). Post your comment!
sized businesses? In the case of Clyde Lear , the Roadside MBA authors gleaned valuable ..... interview of the day was with Clyde Lear , the founder of Learfield Communications ..... number of geographic locations. Clyde Lear speculated that reporting on agriculture
late 2009, the investigation began with the wiring harness market and has included Delphi, Denso, Furukawa Electric, Lear , Leoni, Sumitomo Electric, Tokai Rika, and Yazaki in the United States, Europe, and Japan. Seatbelts became a part
1.3 billion to retire maturing paper. Total debt now sits at $7.7 billion and the firm has $4.5 billion in liquidity, which we think is enough to launch its development programs such as Lear 85, Global 7000/8000, and CSeries.
Lear LEA announced its intention last Friday to be ..... consummated. We think the proposal undervalues Lear , and we advise shareholders to vote against ..... divestiture of its interiors unit, we forecast Lear will have annual revenue of about $15 billion
while bolstering its New York fixed-income team with an infusion of talent from Schroder Investment Management. Steve Lear now leads the macro-driven fixed-income strategy in New York, while Swanson's team continues its successful bottom