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Stock Market & Financial Investment News

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February 20, 2013
07:24 EDTVCVisteon upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Visteon based on expectations management will act to increase share value to reflect the sum of its parts and notes upcoming catalysts from two analyst days in March. Price target is $73.
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November 25, 2014
07:06 EDTVCVisteon confirms discussions with Hahn & Co. regarding sale of interest in HVCC
Visteon confirmed it is currently engaged in discussions with Hahn & Company regarding a potential sale of Visteon's ownership interest in Halla Visteon Climate Control Corp. to the Korea-based private equity company. There can be no assurance that these discussions will result in any transaction or on what terms any such transaction may occur. Visteon undertakes no obligation to provide further updates and does not intend to comment further regarding the discussions or other strategic alternatives involving HVCC until such time as its board of directors has determined that disclosure is appropriate. Visteon expects that HVCC, the world's second largest provider of vehicle thermal management solutions, would continue to benefit from its well-respected management team, strong balance sheet, expanding global customer base and globally recognized technical acumen.
November 24, 2014
07:04 EDTVCVisteon could sell Halla Visteon stake to private equity firm, Reuters reports
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