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Stock Market & Financial Investment News

News Breaks
January 14, 2013
17:28 EDTVCVisteon sees FY12 adjusted EPS at high end of $2.77-$3.14 guidance range
Two estimates for FY12 EPS $2.09. Sees FY12 sales $6.8B, consensus $6.76B.
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September 11, 2014
07:25 EDTVCVisteon price target raised to $130 from $122 at JPMorgan
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September 10, 2014
12:56 EDTVCVisteon split would eliminate conglomerate discount, says UBS
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10:29 EDTVCVisteon board weighing split into two companies, Bloomberg says
The board of Visteon is exploring a plan to split up its electronics and climate controls divisions into two separate companies, but has yet to hire advisers to help with a potential break-up, said Bloomberg, citing people familiar with the matter. A restructuring would probably not be finished this calendar year, one of the people said, and Visteon is also considering a potential sale of the electronics business, the report added. Shares of Visteon are up over 4% in morning trading following the report. Reference Link
10:13 EDTVCVisteon shares jump 2% after Bloomberg says board mulling break-up
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10:12 EDTVCVisteon board weighing split into two companies, Bloomberg says
Visteon has not hired advisers on a potential break-up yet and is said to be unlikely to complete a split, if pursued, this year, Bloomberg added.

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