Aon Reports Third Quarter 2008 Results
Oct 31, 2008
- Total Revenue grew 6% to $1.8 billion with Organic Revenue growth of 2% - EPS from Continuing Operations increased 27% to $0.52 Third Quarter Highlights - EPS from continuing operations, excluding certain items, increased 33% to $0.69 - Total pretax margin was 11.5% and the adjusted pretax margin, excluding certain i ... Continue reading
Proliance Reports Increase in 2008 Third Quarter Profits
Oct 30, 2008
NEW HAVEN, Conn.--Proliance International, Inc. (AMEX:PLI), a leading global manufacturer and distributor of aftermarket heat exchange and temperature control products for automotive and heavy-duty applications, today announced results for the third quarter and nine months ended September 30, 2008. For the quarter, net ... Continue reading
KAR Holdings, Inc. to Announce Third Quarter 2008 Earnings
Oct 30, 2008
CARMEL, Ind.--KAR Holdings, Inc. announced today that it will be releasing its third quarter 2008 earnings on Thursday, November 13th, 2008. KAR Holdings, Inc. is the holding company for ADESA Inc., Automotive Finance Corporation and Insurance Auto Auctions, Inc. KAR Holdings, Inc. will also be hosting an earnings conf ... Continue reading
DENSO Announces 2008 First-half Financial Results
Oct 30, 2008
Decrease in North American car production and currency exchange loss led to reduction in net sales and operating income KARIYA, Japan, Oct. 30 -- DENSO Corporation today announced global financial results for the first-half fiscal year ended September 30, 2008: -- Consolidated net sales totaled 1,892.3 billion yen (US$ ... Continue reading
Midas Reports 2008 Third Quarter Earnings of $0.12 Per Diluted Share after $0.04 of Special Items
Oct 30, 2008
ITASCA, Ill.--Midas, Inc. reported net earnings of $1.7 millionâor $0.12 per diluted shareâfor the third quarter ended Sept. 27, 2008, compared to $3.0 millionâor $0.21 per diluted shareâin 2007. The 2008 results include $0.04 per share of special items relating to business transformation activities ... Continue reading
Visteon Announces Third-Quarter 2008 Results
Oct 30, 2008
VAN BUREN TOWNSHIP, Mich., Oct. 30, 2008 -- Third Quarter Financial Summary -- Product sales of $2.0 billion -- Net loss of $188 million, including asset impairments and loss on divestitures of $19 million -- EBIT-R of negative $97 million -- Cash used by operating activities of $160 million -- Quarter end cash balance ... Continue reading
Lear Reports Third-Quarter 2008 Financial Results
Oct 30, 2008
SOUTHFIELD, Mich., Oct. 30 -- Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, today reported financial results for the third quarter of 2008. Business Conditions The production environment in the third quarter was extremely challenging ... Continue reading
Asbury Automotive Group Reports Third Quarter 2008 Financial Results
Oct 30, 2008
NEW YORK, Oct. 30 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the third quarter and nine months ended September 30, 2008. Income from continuing operations for the third quarter was $7.1 million, or $0.22 per diluted sha ... Continue reading
TRW Automotive Reports Third Quarter 2008 Financial Results
Oct 30, 2008
LIVONIA, Mich., Oct. 30 -- TRW Automotive Holdings Corp. , the global leader in active and passive safety systems, today reported third-quarter 2008 financial results with sales of $3.6 billion, an increase of 2.8 percent compared to the same period a year ago. The Company reported a third quarter net loss of $54 milli ... Continue reading
WABCO, Fuwa to produce ADB jointly in China
Oct 30, 2008
WABCO, Fuwa to produce ADB jointly in China http://www.gasgoo.com/auto-news/1008217/WABCO-Fuwa-to-produce-ADB-joint ly-in -China.html Shanghai, October 30 (Gasgoo.com) WABCO Vehicle Control Systems, a world-leading vehicle control system maker, announced on October 23 that it will sign a collaboration agreement with Ch ... Continue reading
Fiat cuts annual sales target in China by 83%
Oct 30, 2008
Fiat cuts annual sales target in China by 83% http://www.gasgoo.com/auto-news/1008213/Fiat-cuts-annual-sales-target-i n-Chi na-by-83.html Shanghai, October 30 (Gasgoo.com) Italian carmaker Fiat has lowered its ambitious annual sales target by 2010 in China to 50,000 units from 300,000 set three years ago, down by 83%, ... Continue reading
Tenneco Announces Aggressive Actions to Size Its Global Operations to Changing Market Conditions
Oct 29, 2008
LAKE FOREST, Ill.--Tenneco Inc. : Company to eliminate approximately 1,100 positions worldwide Plans include closing four manufacturing plants and one engineering facility Expects $64 million in annualized cost savings Tenneco Inc. today announced a major restructuring across its global operations designed to further r ... Continue reading
Oct 29, 2008
CAYMAN ISLANDS--Garmin Ltd. today announced third quarter results for the period ended September 27, 2008. Third Quarter 2008 Financial highlights: Total revenue of $870 million, up 19% from $729 million in third quarter 2007 Automotive/Mobile segment revenue increased 21% to $626 million in third quarter 2008 Outdoor/ ... Continue reading
Oct 29, 2008
-- Record third quarter sales of $655 million, up 10 percent over prior year; up 2 percent in local currencies; all organic growth -- EBIT margin of 10.1 percent, an expansion of 136 basis points over prior year; EBIT margin of 11.4 percent on a performance basis, an expansion of 97 basis points over prior year in loca ... Continue reading
BorgWarner Posts Third Quarter Results; Revises Outlook for 2008
Oct 29, 2008
International Sales Offset U.S. Decline; Financial Condition Remains Strong AUBURN HILLS, Mich., Oct. 29 -- BorgWarner Inc. today reported third quarter sales and earnings for 2008. International sales offset steep declines in U.S. revenue due to declining economic conditions in the market. The company also adjusted it ... Continue reading
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