Edition:
United States

Lear Corp (LEA.N)

LEA.N on New York Stock Exchange

140.57USD
4:02pm EDT
Change (% chg)

$0.06 (+0.04%)
Prev Close
$140.51
Open
$140.70
Day's High
$141.73
Day's Low
$140.29
Volume
155,779
Avg. Vol
155,465
52-wk High
$149.00
52-wk Low
$97.35

Latest Key Developments (Source: Significant Developments)

Lear selected by Wyoming Department Of Transportation for connected vehicle pilot program
Monday, 20 Mar 2017 09:11am EDT 

Lear Corp :Lear Corporation selected by Wyoming department of transportation for connected vehicle pilot program.  Full Article

Lear increases share repurchase authorization to $1 billion
Monday, 13 Feb 2017 07:00am EST 

Lear Corp : Lear increases share repurchase authorization to $1 billion and increases quarterly cash dividend from $0.30 to $0.50 per share . Lear Corp - board increased by 67% quarterly cash dividend on company's common stock from $0.30 per share to $0.50 per share .Lear Corp - at end of 2016, Lear had $341 million remaining on its share repurchase authorization.  Full Article

Lear signs definitive agreement to acquire Grupo Antolin's automotive seating business
Monday, 6 Feb 2017 03:31am EST 

Lear Corp : Lear signs definitive agreement to acquire grupo antolin's automotive seating business . Says expects transaction to be accretive to 2017 earnings per share upon closing . Says transaction is valued at 286 million euros on a cash and debt free basis .Says intends to fund transaction with cash on hand.  Full Article

Lear reports record 2016 results
Thursday, 26 Jan 2017 07:00am EST 

Lear Corp : Lear Corp sees sales in 2017 are expected to be approximately $19.5 billion . Lear Corp sees 2017 capital spending $550 million . Lear reports record 2016 results . Lear Corp - 2017 financial outlook is based on industry vehicle production assumptions of 17.6 million units in North America, down 2% from prior year . Q4 earnings per share $3.24 . Q4 earnings per share view $3.44 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales about $19.5 billion . Lear Corp - 2017 financial outlook is based on industry vehicle production assumptions of 26.3 million units in China, up 3% from prior year . Lear Corp - Pretax operational restructuring costs are estimated to be $65 million in 2017 . Lear Corp sees 2017 adjusted net income approximately $1.1 billion .FY2017 revenue view $19.38 billion -- Thomson Reuters I/B/E/S.  Full Article

Lear qtrly adjusted earnings per share $3.66
Thursday, 28 Jul 2016 07:24am EDT 

Lear Corp : Lear corp qtrly adjusted earnings per share $3.66 . Lear corp sees sales in 2016 are expected to be in range of $18.5 billion to $18.8 billion . Lear corp sees fy core operating earnings are expected to be in range of $1.45 billion to $1.50 billion . Fy2016 revenue view $18.88 billion -- Thomson Reuters I/B/E/S . Lear reports record second quarter 2016 results and increases full year outlook . Q2 earnings per share $3.82 . Sees fy 2016 sales $18.5 billion to $18.8 billion .Q2 earnings per share view $3.32 -- Thomson Reuters I/B/E/S.  Full Article

Qualcomm, Lear sign commercial wireless electric vehicle charging license agreement
Wednesday, 27 Jul 2016 07:30am EDT 

Qualcomm Inc , Lear Corp : Lear will be including Qualcomm Halo WEVC technology in its product portfolio . Qualcomm and Lear Corp sign commercial wireless electric vehicle charging license agreement .Has granted Lear a royalty bearing license to develop, make and supply WEVC systems based on Qualcomm Halo technology.  Full Article

Lear Corp increases share repurchase authorization to $1 billion and increases cash dividend by 20%
Friday, 12 Feb 2016 04:05pm EST 

Lear Corp:Board of Directors has authorized an increase in the Company's share repurchase authorization to $1 billion while maintaining the authorization period until December 31, 2017.In addition, the Board increased by 20% the quarterly cash dividend on the Company's common stock from $0.25 per share to $0.30 per share.Dividend is payable on March 23 to shareholders of record date as on March 2.  Full Article

Lear Corp reaffirms FY 2016 guidance
Thursday, 28 Jan 2016 07:01am EST 

Lear Corp:Says FY 2016 financial outlook is unchanged.Expects FY 2016 sales to be in the range of $18.5 billion to $19.0 billion, and core operating earnings are expected to be in the range of $1.35 to $1.40 billion.  Full Article

Lear Corporation Acquires Arada Systems
Monday, 30 Nov 2015 08:00am EST 

Lear Corporation:Says that it has acquired Arada Systems, a Troy, Michigan based automotive technology company that specializes in Vehicle-to-Vehicle and Vehicle-to-Infrastructure (V2X) communications.Financial terms of the transaction were not disclosed.  Full Article

Lear Corp declares quarterly cash dividend
Thursday, 19 Nov 2015 02:00pm EST 

Lear Corp:Declares a quarterly cash dividend of $0.25 per share on the Company's common stock.Payable on Dec. 30, to shareholders of record at the close of business on Dec. 11.  Full Article

More From Around the Web

BRIEF-Lear selected by Wyoming Department Of Transportation for connected vehicle pilot program

* Lear Corporation selected by Wyoming department of transportation for connected vehicle pilot program Source text for Eikon: Further company coverage: