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Latest News | Top Stories |
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Analyst: Auto supplier stocks to remain depressed
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AP
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Wed Dec 23
Shares of automotive parts suppliers are likely to remain depressed amid declines in auto production next year, though truck-related suppliers should fare better, an analyst said Wednesday.
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Modine Completes Sale of Korean Subsidiary to KB Synthetics
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Business Wire
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Wed Dec 23
RACINE, Wis.----Modine Manufacturing Company , a diversified global leader in thermal management technology and solutions, today announced that it has completed the previously announced sale of Modine Korea LLC, its Korean-based vehicular HVAC business, to KB Synthetics based in Daegu, South Korea.
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S&P cuts view on Titan International to negative
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AP
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Tue Dec 22
Standard & Poor's on Tuesday lowered its outlook on Titan International Inc., citing the tire maker's higher debt levels.
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TRW Automotive secures $400 million in term loans
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AP
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Tue Dec 22
Auto parts supplier TRW Automotive Holdings Corp. on Tuesday said it secured $400 million through two new term loans and reached a deal on its revolving credit facility.
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Clarcor declares quarterly dividend
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AP
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Mon Dec 21
Clarcor Inc. said its board has declared a regular quarterly dividend of 9.75 cents per share. The dividend is payable on Jan. 22 to shareholders of record as of Jan. 8.
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Titan International sees improved sales in 2010
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AP
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Mon Dec 21
Titan International Inc., which makes wheels and tires for large off-road vehicles, said Monday it expects higher sales next year following a challenging 2009.
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Titan Chairman/CEO to Discuss Goals for 2010
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Business Wire
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Mon Dec 21
QUINCY, Ill.----Titan International, Inc. Chairman and CEO Maurice M. Taylor Jr. will offer goals for the company and outlook for 2010 in a conference call on Tuesday, December 22, 2009.
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Titan International closes $172.5M offering
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AP
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Mon Dec 21
Titan International Inc., which makes wheels and tires for large off-road vehicles, announced Monday the closing of a $172.5 million senior note offering.
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Titan International, Inc. Closes Private Placement of Convertible Senior Subordinated Notes due 2017
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Business Wire
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Mon Dec 21
QUINCY, Ill.----Titan International, Inc. announced today the closing of its offering of $172.5 million principal amount of 5.625% Convertible Senior Subordinated Notes due 2017 , which included the exercise in full of the initial purchasers’ option to purchase $22.5 million principal amount of additional Notes to cover over-allotments.
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Motorcar Parts of America to Present at Cowen Consumer Conference in New York
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GlobeNewswire
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Mon Dec 21
LOS ANGELES -- Motorcar Parts of America, Inc. today announced it is scheduled to make a presentation on Monday, January 11, 2010 at 1:30 p.m. Eastern time at Cowen and Company's 8th Annual Consumer Conference at The Westin New York at Times Square.
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