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Lear (LEA)
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[$] Lear to Exit Bankruptcy Court
Wall Street Journal  7 hrs ago  Comment 
Lear plans to emerge from bankruptcy-court protection on Monday, four months after the maker of auto seats and electronics filed for Chapter 11.
Caza Oil & Gas Announces Hydrocarbon Discovery in New Mexico
OilVoice  Nov 8  Comment 
Caza Oil amp Gas Inc. announces a hydrocarbon discovery in the AboWolfcamp horizontal oil play in New Mexico USA. The Lucky Penny 10 State 1 horizontal well in Lea County New Mexico is Cazas
(AMM) Bankruptcy court signs off on Lear reorganization plan
Metal Bulletin  Nov 6  Comment 
Automotive component and systems manufacturer Lear Corp. has been cleared to emerge from bankruptcy protection after only four months.
Court Confirms Lear's Plan of Reorganization
PR Newswire  Nov 5  Comment 
SOUTHFIELD, Mich., Nov. 5 /PRNewswire-FirstCall/ -- Lear Corporation, a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, today announced that the U.S. Bankruptcy Court of the Southern
Lear Could Exit Bankruptcy with Up to $1.3B in Liquidity and a New Board
StreetInsider.com  Nov 4  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Lear+Could+Exit+Bankruptcy+with+Up+to+%241.3B+in+Liquidity+and+a+New+Board/5074889.html for the full story.
Lear Said to Pay Lenders 7.75% for $400 Million Exit Financing
Bloomberg  Oct 9  Comment 
Lear Corp., the world’s second- largest maker of automotive seats, will pay lenders a minimum interest rate of 7.75 percent for $400 million of financing to exit bankruptcy, according to a person familiar with the matter.
London Bankers Balk at EU Regulation as Lea Invokes Secession
Bloomberg  Sep 30  Comment 
In a Georgian townhouse four minutes walk from Parliament, bankers, lawyers and economists held an off-the-record evening meeting to plot how to fight European Union financial regulation that they deem a threat to London.
Decisions From Experience and the Effect of Rare Events in Risky Choice
Simoleon Sense  Aug 10  Comment 
What is the difference between decision making based on experience vs decision making given descriptions of possible outcomes and likelihoods.  Find out below! Click Here To Lear About Decisions From Experience and the Effect of Rare Events in...
Lear, UAW in Tussle at Texas Plant
Wall Street Journal  Jul 13  Comment 
Auto-parks maker Lear said it used salaried workers to lift stalled production at a Texas plant after barring union workers.
Alliance Resource idles mine unit in Central Appalachia
Reuters  Jul 13  Comment 
Coal producer Alliance Resource Partners LP said it was idling a mining unit at its Van Lear mine in Kentucky due to lower demand, affecting 72 employees.
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Lear Corporation (LEA) is one of the largest independent automotive parts suppliers in the world, with a 9% global share. It is among the leading providers of seating and electrical distribution systems to the automotive industry. The company is in the third position both in North America and the world in these product lines. The company has operations in 33 countries. Sales are 55% in North America, 39% in Europe and the rest in other areas. About 55% of sales are in automobiles, while 45% of sales are in trucks. The company has 65% OEM exposure.

The company conducts its business in the following segments: Seating, which includes seating systems and related components (65% of sales) and Electronic and Electrical (17% of sales), which supplies distribution systems, such as wire harnesses and wireless systems. As a leading integrator of complete automotive systems, LEA seeks to benefit from the trend toward outsourcing, as well as from increasing electronic content in vehicles.


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