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Atlas is losing direction.
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Byline: Claer Barrett
TIP UPDATE: The shares have slipped nearly 80 per cent since the half-year results last August and mounting debts could yet close the book
In Greek mythology, Atlas buckled under the weight of a heavy burden - and the same seems true of Aim-traded eastern European property developer Atlas Estates. Its debts now dwarf its dwindling market capitalisation, and banking covenants have been breached.
The perilous state of eastern European economies has caused three big problems. First, the impact of depreciating local currencies on ...
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Lear Corporation Honors Eight Suppliers in Sixth Annual Hall of Fame Awards Program.
PR Newswire
; Lear Corporation today announced the presentation...suppliers based on best-in-class service to Lear. (Logo: http://www.newscom.com...delivery, service and competitiveness using the Lear Supplier Rating System. "Customer service...
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Lear's road from interiors icon to Carl Icahn; Automakers' moves sent supplier spinning.(News)
Magazine article from: Crain's Detroit Business
; ...Ken Way's 2003 retirement to Florida, Lear Corp.'s future looked bright. The longtime CEO had left Lear with a crowning achievement: to build complete...of dollars of acquisitions to transform Lear from a simple seat-maker into an integrated...
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LEAR LEAPS INTO THE SUPER 6: SUPPLIER WINS BID FOR UT AUTOMOTIVE.
Magazine article from: Automotive News
; ...Supplier $10 Billion Club has a new member. Lear Corp. and United Technologies Automotive...last week agreed to do it together. Lear's planned $2.3 billion purchase will...1 billion, the combination would make Lear the sixth supplier to rank above the...
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Lear Accepts Bid From Icahn Affiliate
News Wire article from: AP Online
; DETROIT - Auto parts supplier Lear Corp. said Friday that it has agreed to...Partners LP is paying $36 a share, and a Lear spokesman said that amounts to about...Thursday after takeover speculation drove Lear's price higher. But the offer, made...
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Lear builds supply base
Magazine article from: Plastics & Rubber Asia
; Lear Corporation - the US billion-dollar auto seating...second tier of suppliers are the key challenges when Lear Corporation sets up a new factor in the Asia-Pacific. These are challenges Lear is facing with increasing frequency as the US auto...
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LEAR DEMANDING RETROACTIVE REBATES: TOOLMAKERS FEEL HEAT FROM SUPPLIER.
Magazine article from: Automotive News
; DETROIT - Lear Corp. is forcing its toolmakers to pay a lump-sum rebate for projects already completed and in progress. It gives Lear millions in extra income. Lear began demanding the rebate this last spring, according to sources...
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LEAR CORPORATION'S VISION FOR EUROPE: ENHANCED ENGINEERING CAPABILITIES THROUGH NEW ADVANCED TECHNOLOGY CENTRES.
PR Newswire
; ...27. This press release is transmitted on behalf of Lear Corporation Paris - Lear Corporation (NYSE: LEA) today announced plans to...region. The plan is part of a broader strategy by Lear to establish "centres of expertise", focused on...
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Lear's bumpy ride: From icon to a bid from Icahn.(Lear Corp. (Southfield, Michigan))
Magazine article from: Automotive News
; ...months after Ken Way's 2003 retirement, Lear Corp.'s future looked bright. The longtime CEO had left Lear with a crowning achievement: to build complete...of dollars of acquisitions to transform Lear from a simple seat maker into an integrated...
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Lear and American Real Estate Partners, L.P. Announce a Merger Agreement Whereby Lear Will be Acquired for Approximately $5.3 Billion.
PR Newswire
; ...Feb. 9 /PRNewswire-FirstCall/ -- Lear Corporation ,a leading global supplier...they have entered into an agreement for Lear to be acquired by AREP, in a transaction...debt. Under the terms of the agreement, Lear shareholders would receive $36.00 per...
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Lear Adjourns Annual Meeting to July 16, 2007.
PR Newswire
; ...SOUTHFIELD, Mich., July 12 /PRNewswire-FirstCall/ -- Lear Corporation ("Lear"), a leading global supplier of automotive seating...and Market Streets, Wilmington, Delaware 19801. Lear stockholders of record as of May 14, 2007 are eligible...
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