Visteon's healthier profits expected to extend share gains - Barron's

March 23 Sun Mar 23, 2014 12:11pm EDT

March 23 (Reuters) - Visteon Corp shares stand to continue to rise, driven by steadily improving profits at the auto supplier, according to an article in the March 24 edition of Barron's.

The shares, which closed at $85.67 on Friday, could reach $100 within 12 months, the article said, amounting to a nearly 17 percent improvement.

Under Chief Executive Tim Leuliette, Visteon has become a more simplified company, focusing on climate control and electronics, which have higher margins and growth opportunities, according to the article. (Reporting by Lewis Krauskopf; Editing by Sophie Hares)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.