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Stock Market & Financial Investment News

News Breaks
November 23, 2012
08:49 EDTALVAutoliv announces U.S. expansion plans
In addition to the recently announced new propellant factory in China, Autoliv announced it is adding a sixth processing facility at its Promontory, Utah location to meet growing demand for airbag gas generant. The new facility in Promontory will add 20% more capacity to Autolivís existing global gas generant production capabilities. Capital investment is expected to cost approximately $13M. The company also announced plans to expand its Tremonton, Utah facility to keep pace with market growth for initiators and micro gas generators used in its airbag and seatbelt products. The majority of floor space added in this $5M expansion is slated for new production lines which could supply up to 30% more capacity when the space is fully utilized. Current plans call for just two new lines to be completed in 2013 adding 10% more initiator capacity, the company said.
News For ALV From The Last 14 Days
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July 18, 2014
08:00 EDTALVAutoliv sees Q3 organic sales growth of 6%
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07:16 EDTALVAutoliv sees FY14 sales growth of 7%, consensus $9.34B
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07:14 EDTALVAutoliv CEO Jan Carlson: Q2 saw solid growth across markets except Brazil
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07:13 EDTALVAutoliv reports Q2 adjusted EPS $1.45, consensus $1.55
Reports Q2 revenue $2.38B, consensus $2.34B; Reports Q2 organic sales up 7%, Reports Q2 adjusted operating margin 9.3%.
July 17, 2014
15:26 EDTALVNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include General Electric (GE), consensus 39c; Honeywell (HON), consensus $1.36; Bank of New York Mellon (BK), consensus 56c; Johnson Controls (JCI), consensus 83c; V.F. Corporation (VFC), consensus 35c; Kansas City Southern (KSU), consensus $1.17; Autoliv (ALV), consensus $1.55.

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