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News Breaks | | | | October 7, 2012 | | 14:04 EDT |  | DAN, AXL, LEA, JCI, MGA, BWA | As auto sector reemerges American Securities buys HHI, WSJ says
As some auto related companies start posting profits and adding jobs, private equity firm American Securities bought HHI Group, a collection of auto-parts suppliers, from KPS Capital Partners for $750M in cash, says the Wall Street Journal, citing people familiar with the matter said. Reference Link | |
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News For AXL;BWA;JCI;DAN;MGA;LEA From The Last 14 Days Check below for free stories on AXL;BWA;JCI;DAN;MGA;LEA the last two weeks. |
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| May 24, 2013 | | 10:28 EDT |  | JCI | Johnson Controls management to meet with Guggenheim
 Subscribe for More Information | | | May 23, 2013 | | 09:16 EDT |  | DAN | Dana Holding expands joint ventuer with Jayant Group
Subscribe for More Information | | | 08:26 EDT | | MGA, BWA, DAN | BofA/Merrill's automotive analyst holds an Analyst/Industry conference call
Automotive & Auto Parts Analyst Murphy, along with Dave Andrea of the Original Equipment Suppliers Association, discusses results of the latest OESA's Automotive Supplier Baromter Survey and investment implications for the automotive supply chain on an Analyst/Industry conference call. Relevant covered companies MGA, BWA, DLPH, TEN and DAN may be included on the Analyst/Industry conference call to be held on May 24 at 10 am. | | | May 22, 2013 | | 11:06 EDT | | AXL, JCI, DAN | Auto industry rallies after Ford, Chrysler curtail summer breaks
Shares of Ford (F), Fiat (FIATY) and GM (GM) are climbing after Ford and Fiat's Chrysler subsidiary announced that they would curtail their factories' traditional two week summer hiatus. Shares of a number of auto parts makers are also advancing following the news. WHAT'S NEW: Ford said it would idle some of its plants for only one week this summer, down from the usual two weeks. Chrysler reported that it would keep three of its assembly plants open all summer, while four of its plants will close for just one week and almost all of its engine, transmission and stamping plants will not take any breaks, according to Automotive News. GM did not disclose its specific plans, the website added. TODAY'S PRICE ACTION: In mid-morning trading, Ford climbed 1.7% to $15.20, Fiat added 0.9% to $7.05, and GM rose 0.8% to $33.65. Among auto parts makers, American Axle (AXL) advanced 1.6% to $17, Johnson Controls (JCI) climbed 0.8% to $37.85, and Dana Holding (DAN) rose 1.2% to $18.80. | | | May 21, 2013 | | 09:33 EDT | | MGA | Bloomberg LINK to host a summit
Subscribe for More Information | | | May 17, 2013 | | 08:46 EDT |  | MGA | Magna price target raised to $79 from $67 at KeyBanc
Subscribe for More Information | | | May 15, 2013 | | 16:02 EDT | | JCI | Johnson Controls names Kim Metcalf-Kupres CMO
Johnson Controls announced that Kim Metcalf-Kupres has been elected to the newly-created position of VP and chief marketing officer. She will report to Alex Molinaroli, vice chairman. | | | 09:01 EDT | | BWA | BorgWarner expands cooperationg with Jaguar Land Rover
BorgWarner will provide its turbocharging technologies for Jaguar Land Rover's new family of four-cylinder gasoline and diesel engines, expected to launch in 2015. To support JLR's new Engine Manufacturing Centre near Wolverhampton, BorgWarner plans to expand on its existing production lines and build a new engineering center in Bradford, United Kingdom. | | | May 13, 2013 | | 10:09 EDT |  | JCI | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 07:29 EDT | | JCI | Johnson Controls upgraded to Buy from Neutral at Lazard Capital
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