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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 1, 2015
07:02 EDTDLPHDelphi closes thermal business divestiture
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June 26, 2015
16:45 EDTDLPHDelphi Automotive comments on Reuters automated driving story
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06:11 EDTDLPHGoogle, Delphi self driving cars have near collision in Palo Alto, Reuters says
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June 25, 2015
08:06 EDTDLPHDelphi Automotive management to meet with Evercore ISI
Meeting to be held in New York on June 25 hosted by Evercore ISI.

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