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Stock Market & Financial Investment News

News Breaks
April 25, 2014
11:32 EDTDLPHDelphi Automotive discloses possible FCPA violations
Delphi Automotive disclosed last night in a regulatory filing, "During the first quarter of 2014, Delphi identified certain potentially improper payments, made by certain manufacturing facility employees in China, that may violate certain provisions of the U.S. Foreign Corrupt Practices Act (the “FCPA”). Under the oversight of Delphi’s Audit Committee of the Board of Directors, Delphi has engaged outside counsel to assist in the review of these matters, and to evaluate existing controls and compliance policies and procedures. This review remains ongoing. Violations of the FCPA could result in criminal and/or civil liabilities and other forms of penalties or sanctions. Delphi has voluntarily disclosed these matters to the U.S. Department of Justice and the SEC, and is cooperating fully with these agencies. Although Delphi does not expect the outcome of this review to have a material adverse impact on the Company, there can be no assurance as to the ultimate outcome of these matters at this time."
News For DLPH From The Last 14 Days
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July 31, 2014
07:04 EDTDLPHDelphi raises FY14 adjusted EPS view to $4.95-$5.10 from $4.80-$5.00
FY14 EPS consensus $5.01. Sees FY14 revenue 17.2B-$17.6B, consensus $17.5B
07:02 EDTDLPHDelphi Automotive sees Q3 adjusted EPS $1.10-$1.18, consensus $1.17
Sees Q3 revenue $4.2B-$4.3B, consensus $4.32B.
07:01 EDTDLPHDelphi Automotive reports Q2 EPS ex-items $1.42, consensus $1.33
Reports Q2 revenue $4.5B, consensus $4.47B.
July 30, 2014
15:40 EDTDLPHNotable companies reporting before tomorrow's open
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July 17, 2014
07:46 EDTDLPHSenate Commerce & Transportation Committee to hold a hearing
The Subcommittee on Consumer Protection, Product Safety and Insurance holds a hearing entitled, "Examining Accountability and Corporate Culture in Wake of the GM Recalls" with General Motors CEO Barra and EVP Milllikin and President & CEO O'Neal of Delphi Automotive on July 17 at 10 am. Webcast Link

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