Business & Financial News, Breaking US & International News | Reuters
Edition:
United States

Auto, Truck & Motorcycle Parts

Page 3

Genuine Parts announces 2 deals adding $70 mln in revenue

Tuesday, 21 Jun 2016 04:22pm EDT

Genuine Parts Co : Addition of auto-camping is expected to generate annual revenues of approximately $50 million . Addition of auto-camping is expected to generate annual revenues of approximately $50 million (usd) . To acquire auto-camping, ltd. And select assets within janitorial and sanitation business of Rochester Midland Corporation . Jan/San business is expected to generate incremental annual revenues of approximately $20 million . Plans to integrate jan/san business into impact products division of s.p. Richards, growing facilities, breakroom supplies product offering .Genuine Parts Company announces two acquisitions adding $70 million in annual revenue.

Unternehmens Invest intends to sell its stake in Pankl Racing Systems

Tuesday, 21 Jun 2016 12:20pm EDT

Unternehmens Invest AG :Intends to sell its entire stake in Pankl Racing Systems AG .

FCA US eliminates use of non-desiccated ammonium-nitrate Takata air-bag inflators

Tuesday, 21 Jun 2016 11:00am EDT

FCA US LLC: FCA US eliminates use of non-desiccated ammonium-nitrate Takata air-bag inflators . Will cease NAFTA-market production of vehicles equipped with non-desiccated ammonium-nitrate Takata air-bag inflators, by next week . Global production of vehicles with non-desiccated ammonium-nitrate Takata air-bag inflators is expected to end by mid-September . Investigation determined non-desiccated ammonium nitrate may degrade after several years of exposure to high absolute humidity . National highway traffic safety administration has specified recall schedule for vehicles with ammonium-nitrate Takata air-bag inflators . Says customers who purchase new vehicles still equipped with non-desiccated ammonium-nitrate Takata air-bag inflators will be identified for customers .Says customers who purchase new vehicles still equipped with non-desiccated ammonium-nitrate Takata air-bag inflators will be advised that the vehicle will be recalled in future.

Weichai Power Co says unit entered into an agreement with Kion Group<000338.SZ><2338.HK>

Tuesday, 21 Jun 2016 10:14am EDT

Weichai Power Co Ltd <000338.SZ>: Unit entered into the sale and purchase agreement . The consideration for the purchase of the sale securities under the sale and purchase agreement is expected to be US$2.1 billion . Underlying business to be acquired is the advanced material handling automation solutions business operated by DH Services .

Oriental Holdings to sell Oriental Assemblers to Aroma Kiara

Tuesday, 21 Jun 2016 05:04am EDT

Oriental Holdings Bhd : Co, unit and minority shareholders entered into a share purchase agreement . Spa to dispose collective 100% equity interest in Oriental Assemblers Sdn Bhd to Aroma Kiara Sdn Bhd . Deal for total cash consideration of 32.5 million rgt . Transaction is not expected to have any material impact on ohb group's earnings for FY ending 31 December 2016 .

Jiangsu Pacific Precision Forging to buy electronics co for 100 mln yuan

Tuesday, 21 Jun 2016 02:00am EDT

Jiangsu Pacific Precision Forging Co Ltd <300258.SZ>:Says it to buy a Ningbo-based electronics co from two individuals for 100 million yuan.

Kion says Weichai Power supports cap hike for Dematic buy

Tuesday, 21 Jun 2016 01:51am EDT

Kion Group AG : Says equity issuance of up to 10 percent for Dematic acquisition to use entire currently existing authorized share capital . Equity issuance fully supported by major shareholder Weichai Power . Complementarity is source of cost synergies from combination Related news in Eikon: [ID:ASM00045J] Further company coverage: [KGX.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

China Automotive Interior Decoration says co will not proceed with the possible acquisition<0048.HK>

Monday, 20 Jun 2016 09:43am EDT

China Automotive Interior Decoration Holdings Ltd <0048.HK>: The company will not further proceed with the possible acquisition . Refers to announcements dated 27 may 2015, 24 August 2015 and 24 December 2015 in relation to the MOU .

Soling Industrial plans to acquire two technology firms via cash, share issue

Monday, 20 Jun 2016 07:46am EDT

Shenzhen Soling Industrial Co Ltd <002766.SZ> : Says it plans to acquire two technology firms for a combined 716.9 million yuan ($108.96 million) via cash, share issue .Says it plans to raise up to 360 million yuan in private placement of shares to fund acquisitions, projects.

Icahn Enterprises increases offer to buy remaining shares of Federal-Mogul

Monday, 20 Jun 2016 06:04am EDT

Icahn Enterprises : On june 17, delivered letter to federal-mogul holdings' board increasing its offer to acquire remaining shares of co's common stock .Increases offer to acquire federal-mogul's remaining shares to $8.00 per share in cash from $7.00 per share in cash offered earlier.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider : Thomson Reuters StreetEvents
$39.00
Provider : Zacks Investment Research Inc.
$10.00
Provider : John Keells Stock Brokers (Pvt) Limited
$10.00
Provider : GlobalData
$125.00
Provider : GlobalData
$125.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.