Allison Transmission Announces $300M Senior Notes Offering
The company intends to use the net proceeds from the offering for general corporate purposes and to pay related transaction fees and expenses.
AutoZone Releases 4th Quarter Numbers
The company’s same store sales increased 1 percent, while fourth quarter EPS increased 6.8 percent to $15.27.
Donaldson Reports 4th Quarter, Full-Year 2017 Earnings
The company has announced fiscal 2017 fourth quarter net earnings of $68.2 million and full-year net earnings of $232.8 million.
WABCO Outlines Strategy To Sustain Differentiation At Investor Day
The theme of the business update was “Sustaining Differentiation,” focusing on WABCO’s roadmap to serve the industry as it converges on a vision for commercial vehicles to become increasingly more autonomous, connected and productive.
Delphi Announces $750M Private Offering Of Senior Notes By Its Powertrain Systems Spin-Off Subsidiary
Delphi Jersey Holdings PLC is the recently formed holding company for Delphi Automotive PLC’s Powertrain Systems segment, which the company intends to separate from its current business by means of a spin-off to its shareholders.
O’Reilly Automotive Announces Additional $1B Share Repurchase Authorization
The additional $1 billion authorization is effective for a three-year period, which began on Sept. 1.
Shiloh Industries Reports 3rd Quarter Fiscal 2017 Results
Third quarter 2017 highlights included a net revenue increase to $256.8 million, compared to $248.8 million in the third quarter of 2016.
Genuine Parts Co. Announces New Board Member
The company also announced an additional 15 million share repurchase program.
Motorcar Parts Of America Reports Fiscal 2018 1st Quarter Results
The company’s recent Tester Systems acquisition is expected to drive growth and further distinguish MPA’s leadership position in the automotive sector.
Commercial Vehicle Group Announces 2nd Quarter 2017 Results
Second quarter 2017 revenues were $195.1 million compared to $178.3 million in the prior-year period, an increase of 9.5 percent.
Lear Refinances Credit Agreement
The new credit agreement consists of a $1.75 billion revolving credit facility and a $250 million term loan facility.
Tesla Announces Proposed $1.5B Offering Of Senior Notes
Tesla says it intends to use the net proceeds from this offering to further strengthen its balance sheet during this period of rapid scaling with the launch of Model 3, and for general corporate purposes.
