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New York Stock Exchange
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GM plans 10 weeks of downtime at pickup plants
exceeding the 13 percent average of 11 analysts' estimates. GM shares rose 0.3 percent to close at $28.17 in New York Stock Exchange trading on Friday. The automaker also announced on Friday that it would offer free standard maintenance for two years
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Tower International sells Korean parts operations
manufacturing plants, a tooling plant and a technical center. Shares of Tower International closed at $7.44 on Thursday on the New York Stock Exchange . The company's stock has shed about a third of its value in the last one year. andnbsp;
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CarMax Q3 profit rises on surge in used-car supply, consumer confidence
cents per share, a year earlier, CarMax said today . CarMax's shares were up 8 percent in morning trading on the New York Stock Exchange . The shares surged as much as 9.8 percent earlier to $38.24, the highest price since the company's 1997 initial
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BorgWarner picks Verrier to succeed Manganello as CEO
Mich., Nov. 15, 2012 /PRNewswire/ -- The BorgWarner ( NYSE : BWA) Board of Directors today announced the appointment of ..... BorgWarner Auburn Hills, Michigan-based BorgWarner Inc. ( NYSE : BWA) is a technology leader in highly engineered components
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BorgWarner picks Verrier to succeed Manganello as CEO
Mich., Nov. 15, 2012 /PRNewswire/ -- The BorgWarner ( NYSE : BWA) Board of Directors today announced the appointment of ..... BorgWarner Auburn Hills, Michigan-based BorgWarner Inc. ( NYSE : BWA) is a technology leader in highly engineered components
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Rance Crain to be inducted into Advertising Hall of Fame
Award and the 2009 Missouri School of Journalism Medal of Honor. Among his business and charitable activities, Crain served 13 years as a board member of Lee Enterprises, a New York Stock Exchange Newspaper company in Davenport, Iowa.
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GM Q3 profit falls 14% on weak Europe, higher N.A. costs
investors cheered GM's results, sending shares up $2.08, or 9 percent, to $25.36 in afternoon trading on the New York Stock Exchange . Excluding one-time items, GM earned 93 cents a share, far above the 60 cents analysts polled by Thomson Reuters
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Gentex quarterly profit slips amid Europe uncertainty
vehicles in the United States to be fitted with cameras and RCDs by September 2014. Shares of the company, which have fallen more than 40 percent of their value since January, closed at $17.24 on the New York Stock Exchange on Monday.
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Magna to acquire German supplier Ixetic for $397 million
ranks No. 4 on the Automotive News list of the top 100 global suppliers with worldwide parts sales to automakers of $28.3 billion in 2011. The company's shares closed at $44.06 today on the New York Stock Exchange , up 80 cents.
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TRW to spend $1 billion on share buybacks
trading. The company's shares, which have gained about 50 percent since last December, closed at $43.71 on the New York Stock Exchange on Friday. The share buyback is significantly bigger than what they've done in the past and was easily seven to eight
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U.S. Treasury expects GM shares to rise before it will sell
automaker's $23.1 billion initial public offering in November 2010. GM closed on Friday at $24.80 per share on the New York Stock Exchange , below the IPO price of $33 per share and well short of the $53 threshold at which the government would break even
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Former GM CEO Whitacre urges U.S. to sell stake in automaker
role late that year. He resigned as CEO in September 2010 and as chairman at the end of that year. GM debuted on the New York Stock Exchange at $33 a share, but concerns over the global economy, its pension obligation and management have hurt the share price
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JCI opens automotive battery recycling plant in South Carolina
will recycle 132,000 metric tons per year, or the equivalent of more than 14 million batteries, the company said. Shares of the company were trading down about 1 percent at $28.40 on the New York Stock Exchange at midday on Tuesday.
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Navistar and Icahn fight over CEO switch
quarter without a one-time gain related to its tax rate. The shares today fell 1.6 percent at $24.37 in mid-day New York Stock Exchange trading. 'Outrageous' move Icahn, who owns a 14.5 percent stake in the company, slammed Navistar's directors
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Peugeot dropped from CAC 40 as value dwindles
Solvay SA in the CAC 40 index on Sept. 24, NYSE Euronext said late yesterday in an e ..... remove Peugeot came after a meeting of NYSE Euronext's seven-member scientific ..... market capitalization and revenue trends, NYSE Euronext said in a separate statement
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PSA may be dropped from French stock market index
dimension to this issue. It's tricky to remove an emblematic French industrial name and replace it with a Belgian company." The NYSE -Euronext indexes committee that manages the CAC 40 meets every quarter, and although the exact date of the meeting is not
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Group 1 posts 16% gain in Q2 net income with all segments rising
which have gained more than 50 percent in value since touching a year-low in October, closed at $51.46 on the New York Stock Exchange on Wednesday. The company, based in Houston, ranks No. 4 on the Automotive News list of the top 125 U.S. dealership
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Lithia bullish on U.S. sales but expects lower new-car profit margins
which have gained more than 80 percent in value since touching a year-low in October, closed at $24.79 on the New York Stock Exchange on Tuesday. Lithia, based in Medford, Ore., ranks No. 9 on the Automotive News list of the top 125 U.S. dealership
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GM CFO races to 'make a difference' before 'window' shuts
20, cutting the company's market capitalization by more than a third. The shares closed Friday at $19.36 in New York Stock Exchange trading. "For real investors who have a time horizon and can afford to be wrong at various points in the short term
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Retrofitters struggle with funding
Force of will' Enova Systems Inc., of Torrance, Calif., develops electric and hybrid drivetrains for fleets. The New York Stock Exchange -listed company faces delisting after one of its largest investors liquidated his shares. CEO Michael Staran and COO