RECENT NEWS
Financial Times  Apr 17  Comment 
High valuations to spark activity — but geopolitics and looming trade wars pose risks
Clusterstock  Apr 10  Comment 
Carl Icahn has agreed to sell auto parts maker Federal-Mogul to Tenneco for $5.4 billion. Tenneco will pay $800 million in cash and 29.5 million of its common shares, in addition to taking on debt. (Reuters) - Activist...
SeekingAlpha  Apr 2  Comment 
Reuters  Apr 2  Comment 
Shares of India's Sandhar Technologies Ltd rose over 5 percent in their market debut on Monday following a warm response to the automotive parts maker's 5.12 billion rupees ($78.64 million) initial public offering.
Wall Street Journal  Mar 9  Comment 
The Ohio-based auto parts supplier plans to relocate its corporate address to the U.K. for tax purposes if a takeover bid announced Friday is successful, a move that comes just weeks after passage of a U.S. corporate tax cut.
The Economic Times  Mar 1  Comment 
While TACO reported negative net sales growth of minus 6% between FY11 and FY16, its operating profit (excluding other income) dipped to minus 14% CAGR during that period.
SeekingAlpha  Feb 21  Comment 
Insurance Journal  Feb 15  Comment 
The National Insurance Crime Bureau (NICB) says today’s vehicles are loaded with expensive parts and technology that do more than increase the costs of repairs, even in minor accidents. The organization says those same expensive parts are...
Reuters  Feb 13  Comment 
REUTERS - Auto parts maker Motherson Sumi Systems Ltd reported a 12 percent drop in quarterly net profit and missed expectations, hurt by higher expenses.




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