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Stock Market & Financial Investment News

News Breaks
August 20, 2014
06:24 EDTLEALear close to buying Eagle Ottawa for over $800M, WSJ reports
Lear Corp is close to buying premium automotive leather supplier Eagle Ottawa for north of $800M, the Wall Street Journal reports, citing sources. A deal could be announced this week or next, the sources add. Reference Link
News For LEA From The Last 14 Days
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January 30, 2015
10:07 EDTLEAHigh option volume stocks
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07:09 EDTLEALear sees FY15 revenue $18.5B-$19B, consensus $19.04B
Sees Fy15 core operating earnings of $1.18B-$1.23B. The increased earnings reflect higher sales and improving Company margins. Free cash flow in 2015 is expected to be approximately $575M. Pretax income before restructuring costs and other special items is estimated to be in the range of $1.08B-$1.13 billion. Our effective tax rate is expected to be approximately 30% in 2015. Adjusted net income attributable to Lear is expected to be in the range of $720M-$755M. Pretax operational restructuring costs in 2015 are estimated to be about $80M. Capital spending in 2015 is estimated to be approximately $500M. Depreciation and amortization expense is estimated to be about $385M in 2015.
07:07 EDTLEALear reports Q4 Seating segment sales up 10% to $3.5B
Reports Q4 Electrical segment sales down 1% to $1.1B.
07:07 EDTLEALear reports Q4 global vehicle production up 1%
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07:06 EDTLEALear reports Q4 adjusted EPS $2.27, consensus $2.07
Reports Q4 revenue $4.55B, consensus $4.49B
January 29, 2015
15:37 EDTLEANotable companies reporting before tomorrow's open
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January 26, 2015
06:46 EDTLEALear resumed with a Neutral at JPMorgan
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