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Currently showing items 1 to 25 of 161
American Axle & Manufacturing Reports Fourth Quarter and Full Year 2011 Financial Results
2/3/2012 11:51:29 AM
Full-year non-GM sales increase by 25 percent on a year-over-year basis.
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Modine Reports Third Quarter Results
2/3/2012 11:50:56 AM
Company reports third quarter 2012 operating income of $16.2 million and diluted earnings per share of 18 cents.
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Tenneco Reports Record Fourth Quarter, Full Year 2011 Financial Results
2/2/2012 11:08:54 AM
Company reports highest-ever quarterly and annual revenues of $1.8 billion for the fourth quarter and $7.2 billion for the full year 2011.
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Meritor Reports First Quarter Fiscal Year 2012 Results
2/2/2012 11:08:10 AM
Revenue increases $200 million compared to prior year.
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Monro Eyes Buys, and Midas is on the Shopping List
2/2/2012 11:02:24 AM
The Rochester, N.Y., service chain told investors it was evaluating acquisition targets, including Midas, and hopes to close on at least one deal this...
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Law Firms Announce Investigation into Pep Boys Acquisition
2/1/2012 11:37:08 AM
The firms seek to determine, among other things, whether the board breached its fiduciary duties by failing to maximize shareholder value. Under the t...
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Eaton Reports Record Full Year 2011 Sales of $16 Billion
2/1/2012 11:35:29 AM
Company also reports record full year 2011 net income of $3.93 per share, 44 percent above 2010.
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3M Posts Fourth Quarter Sales of $7.1 Billion; Full Year Sales Rise 11 Percent to $29.6 Billion
2/1/2012 11:34:32 AM
Earnings were $1.35 per share, an increase of 5.5 percent versus the fourth quarter of 2010.
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ITW Reports 2011 Record Full-Year Revenues and Operating Earnings
1/31/2012 11:04:44 AM
In the fourth quarter, ITW's organic or base revenues grew 5.9 percent, with North American organic revenues increasing 8.7 percent and international ...
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Pep Boys Enters Into Definitive Agreement to be Acquired by The Gores Group
1/30/2012 11:57:06 AM
Pep Boys shareholders to receive $15 per share in cash.
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Timken Posts Record 2011 Sales and Earnings; Projects Strong Outlook for 2012
1/27/2012 12:41:30 PM
Company reports full year earnings of $4.59 per share on $5.2 billion in sales.
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Delphi Reports Strong Fourth Quarter, Full Year 2011 Results
1/27/2012 12:40:49 PM
Company reports fourth quarter revenue of $3.9 billion, up 6.8 percent over fourth quarter 2010.
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Monro Muffler Brake Reports Record Third Quarter Results
1/26/2012 11:26:55 AM
Sales for the third quarter of fiscal 2012 increased 6.8 percent to a record $176.7 million, as compared to $165.5 million for the third quarter of fi...
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Bosch to Acquire SPX Service Solutions Business
Bosch to Acquire SPX Service Solutions Business
1/24/2012
SPX business will be added to Bosch's diagnostics unit.
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Johnson Controls Reports Record Sales and Earnings for the First Quarter of 2012
1/23/2012 10:59:48 AM
The company's full-year forecast has been revised to reflect 13 percent to 19 percent growth.
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Tenneco Announces Share Repurchase Program
1/23/2012 10:57:16 AM
The company says it is expanding its options for using cash while remaining committed to further improving its financial position and investing in str...
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Motorcar Parts of America Increases Liquidity with New Credit Facility
1/20/2012 9:06:06 AM
The credit facility is comprised of a $75 million term loan with Cerberus Business Finance and a $20 million revolving credit facility with PNC Bank, ...
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SPX Announces 2012 Annual Guidance
1/19/2012 8:52:31 AM
Company estimates 9 percent to 14 percent revenue growth in 2012.
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Advance Auto Parts Announces Closing of Senior Notes Offering
1/18/2012 8:53:03 AM
The company says it will use the proceeds of the offering to pay off borrowings under its revolving credit facility, pay transaction fees and expenses...
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Hankook Sets Sales Record in 2011
1/17/2012 8:50:16 AM
Hankook Tire Co. reported 2011 sales of $5.85 billion, an all-time global record for the company.
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Timken Workers Reject Agreement
1/17/2012 8:49:09 AM
The contract offered to the workers included wage and benefit increases, a signing bonus for ratification and additional job security measures, accord...
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Dan Wheldon Memorial Auction Raises More than $600,000
1/17/2012 8:38:26 AM
Graham Rahal, a competitor in the IZOD IndyCar Series, started the auction when he announced that he planned to auction off his helmet, shoes and glov...
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Barrett-Jackson Cements Itself as an Altruistic Powerhouse
1/17/2012 8:31:07 AM
The motor vehicle auction house will help more than 20 local and national charities raise money for worthy causes during its auction, Jan. 15-22, at W...
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Lear Increases Share Repurchase Authorization by $300 Million to $700 Million
1/12/2012 9:12:14 AM
Through the end of 2011, the company has completed the purchase of $279 million of stock under the previously announced $400 million share repurchase ...
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KPS Capital Partners to Acquire the Bosch Group's Foundation Brakes Business
1/11/2012 9:14:10 AM
Bosch Foundation Brakes, headquartered in Drancy, France, is one of the world's largest manufacturers of automotive foundation brakes and foundation b...
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