Visteon Corp (VC.N)
4 Dec 2013
|Market Cap (Mil.):||$3,822.12|
|Shares Outstanding (Mil.):||48.65|
Nov 7 - Auto parts maker Visteon Corp raised its full-year earnings forecast after third-quarter profit nearly tripled due to cost cutting and higher sales of climate control systems.
Nov 7 - Auto parts maker Visteon Corp raised its earnings forecast for 2013 after its third-quarter profit nearly tripled due to cost cuts and higher sales of climate control systems.
* China auto firms aided by reported probe on foreign brands
- Automotive parts supplier Visteon Corp agreed to sell its 50 percent stake in Chinese joint venture Yanfeng Visteon Automotive Trim Systems Co Ltd and its direct interest in certain YFV affiliates to its partner Huayu Automotive Systems Co Ltd (HASCO) for about $1.2 billion.
(Corrects paragraph 1 to say Visteon is selling its stake in Yanfeng Visteon Trim Systems and its interest in certain YFV affiliates for $1.2 billion. Also corrects U.S. dollar figure to $68 mln from $300 mln in paragraph 2)
DETROIT, Aug 8 - Automotive parts supplier Visteon Corp on Thursday posted a stronger-than-expected quarterly profit and raised its full-year forecast, citing improving business conditions.
(Corrects headline to remove reference of revenue forecast, which was reaffirmed, not raised)
DETROIT, Aug 8 - Automotive parts supplier Visteon Corp on Thursday posted a stronger-than-expected quarterly profit and boosted its full-year forecast.
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