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Stock Market & Financial Investment News

News Breaks
May 5, 2014
05:27 EDTALVAutoliv appoints CEO Jan Carlson as chairman
The board of Autoliv elected Jan Carlson to serve as its new chairman of the board, effective immediately. Since April 3, Carlson has been serving as Interim Chairman following the resignation of the previous Chairman Lars Nyberg. Carlson is the president and CEO of Autoliv, a position he has held since 2007.
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March 25, 2015
09:16 EDTALVAutoliv reaches additional antitrust settlements for $81M
Autoliv announced that it has reached agreements regarding additional settlements to resolve certain direct purchasersí global -- including U.S. -- or non-U.S. antitrust claims which were not covered by its earlier U.S. direct purchaser antitrust class action settlement. The total amount of these additional settlements is $81M. The effect on Autolivís 1Q15 reported operating income is expected to be around $77M. "In entering into these settlements, Autoliv does not admit any liability and is settling for the purpose of avoiding the uncertainty, risk, expense and distraction of potential litigation or other adversarial proceedings and in the interest of maintaining positive relationships with its customers," said the company.
March 16, 2015
13:18 EDTALVNeonode, Autoliv sign development and license agreement for sensing product
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