Lear Corporation News

Lear Corp. and Akebono Brake Industries Co. Ltd. are seeking state tax incentives today in return for new investments and anticipated job creation.

Below is an auto news article from November 20, 2009 from Automotive.com and PRNewswire.

Credit Suisse initiated coverage of the automotive-parts firm at Outperform. Lear By Credit Suisse WE INITIATED COVERAGE of Lear with an Outperform rating and 12-month, discounted-cash-flow-derived price target of $81. The basic elements of the investment case are as follows.

Leader Energy Services Ltd. felt the brunt of a harsh oil and gas market, but the company was able to narrow its third-quarter losses due to a reduction in interest and amortization charges from their year-ago levels.

The former Delphi steering plant in Buena Vista Township, shown here on Oct. 6, will get $413 million in new investment from its current owner, Nexteer Automotive.

WCI Communities said Wednesday that a Delaware bankruptcy court has approved its reorganization plan.

In a positive sign that General Motors Co.'s restructuring is off to a good start, the company Monday said it would begin repaying U.S. government loans later this year, ahead of what is required, and that it generated $3.3 billion in cash during the third quarter after emerging from bankruptcy.

After taking a dip in September, area home sales came back strongly in October, compared with the same month a year ago.

A day-by-day look at President Barack Obama's weeklong trip to Asia: Thursday, Nov.

In a Nov. 9 story about Lear Corp. emerging from bankruptcy protection, The Associated Press erroneously reported that third-quarter results would be released on Nov.

Two Detroit-area auto suppliers are predicting growth next year, with much of it coming from outside the United States.

Auto-parts supplier Lear Corp., which emerged from bankruptcy protection two days ago, said Wednesday that it expects sales this year will total $9.5 billion, well below last year's results.

MetricStream Enters into Agreement to Provide GRC Platform for Risk based Internal Audit Management to Lear Corporation.

Auto parts supplier Lear Corp., which emerged from bankruptcy protection two days ago, said Wednesday it expects sales this year will total $9.5 billion, well below last year's results.

Auto parts maker Lear Corp. emerged Monday from four months in bankruptcy protection, saying it has a healthier balance sheet, less debt and a backlog of new business.

Lear Corp. emerged from Chapter 11 bankruptcy today under the ownership of its secured lenders and bondholders after four months under court protection.

Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.

Lear Corporation, a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, announced today that it has successfully emerged from its court-supervised financial reorganization with a strong and flexible balance sheet, positive operating results in the Third Quarter, a growing sales backlog and ...

Lear Corp. filed Quarterly Report for the period ended 2009-10-03. Lear Corporation one of the largest independent automotive suppliers in the world.

FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 15 of LEAR BANKRUPTCY NEWS today.