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!
Cooper-Standard Holdings ( CPS ) announces it entered an agreement to sell its thermal and emissions product line to Halla Visteon Climate Control. The company thinks the sale will help allow it to focus on its strongest product lines. The deal price wasn't
May 2 (Reuters) - Auto parts maker Visteon Corp said it would sell a majority of its automotive interiors business to private equity firm Cerberus Capital Management LP.
hike and more buybacks; pg 19]; insurer Principal [ PFG ; strong asset management business; pg 21]; auto supplier Visteon [ VC ; pg 23; see link below]; Bob Evans [ BOBE ; pg 26]; small-cap engineering & construction firm in oil/gas industry
recently announced that in the second quarter of calendar 2014 it plans to sell the rest of its automotive electronics business to Visteon for $265 million. The interiors business remains under strategic review, and we still model the company selling the business
to joining Celestica, Muhlhauser was CEO of Excide Technologies XIDE and held other executive positions at Ford F and Visteon VC . During Muhlhauser's 18 months at Celestica, revenue growth has resumed, and we expect 2006 sales to increase 6