Among the companies whose shares are expected to see active trade in Tuesday's session are AutoZone, Xilinx, General Motors, Ford and MBIA. AutoZone Inc. (US:AZO) , a specialty retailer of automotive parts and accessories, is projected to post second-quarter earnings of $1.84 a share, according to a consensus survey by...
Johnson Controls Inc. (US:jci) on Tuesday said it swung to a second-quarter loss of $193 million, or 33 cents a share, from net income of $289 million, or 48 cents a share in the year-ago period. The company's adjusted loss amounted to 16 cents a share. The Milwaukee-based automotive parts maker said sales dropped to...
Johnson Controls Inc. on Tuesday said it swung to a hefty second-quarter loss after the auto parts supplier was unable to shake off the historic industry downturn that has led to steep production cuts at its top automaker customers. Johnson Controls (US:JCI) stock ended the session up 8.6% at $17.52 but are still down...
Clint Bowyer scored a dramatic victory in Saturday night's marathon Federated Auto Parts 400 NASCAR Sprint Cup race at Richmond International Raceway, a race delayed nearly three hours by two major rain storms. Bowyer passed Ryan Newman on Lap 314, taking his first lead of the evening, and then held on to win his second...
Lear Corp. shares tumbled late Wednesday after the automotive parts supplier said it planned to restructure in bankruptcy, and shares of Illumina Corp. sank after the company cut its quarterly revenue forecast. Lear (US:LEA) shares fell 35% to 31 cents in heavy trading of more than 2.8 million shares exchanged. The...