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News Breaks | | | | November 5, 2012 | | 08:12 EDT |  | FDML | Federal-Mogul: exclusive independent aftermarket distributor of BERU products
Federal-Mogul announced a further action in the company's strategy to strengthen its global ignition market leadership. Following Federal-Mogul's Oct. 1 acquisition of the BERU spark plug business, the company today announced that it has entered into an additional agreement with BorgWarner BERU Systems GmbH to serve as the exclusive global independent aftermarket distributor of the remaining BERU ignition products. Federal-Mogul will also become the exclusive licensee of the BERU brand name for sale of ignition products in the aftermarket. The transaction is pending customary closing conditions including approval of competition authorities. | |
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News For FDML From The Last 14 Days Check below for free stories on FDML the last two weeks. |
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| May 17, 2013 | | 11:17 EDT |  | FDML | Ruckus Wireless volatility low, shares trend up on upgrade to Buy at Goldman
Ruckus Wireless June call option implied volatility is at 67, August is at 70, November is at 67; compared to its 20-week average of 73 according to Track Data, suggesting decreasing price movement. | |
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