Lear Corp.’s board approved a plan to reduce future tax liability and restrict ownership changes at the auto-parts supplier.

Post tags:

Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronics products, today announced that its Board of Directors has adopted a stockholder rights plan .

Post tags:
Post tags:

LAKE FOREST, Ill.—-Tenneco announced today that its senior lenders have agreed to amend a financial covenant in Tenneco’s senior secured credit facility for the fourth quarter of 2008, which relaxes the leverage covenant ratio by increasing the maximum ratio to 4.25 from a maximum ratio of 4.0.

Post tags:
Post tags:

Fitch Ratings on Monday cut its rating on auto parts supplier Visteon Corp. further into junk territory, citing the steepening downturn in global auto production.

Post tags:
Post tags:
Post tags:
Post tags:
Post tags:
« Older PostsNewer Posts »