Chinese carmaker Chery looks Brazilian market - MarketWatch
Tue, 19 Jul 2011 18:59Chery currently has 12 factories that only assemble cars from imported parts, whereas the Jacarei plant will lead to the arrival of about 20 Chinese parts suppliers, as well as using local producers to manufacture compact models. ...
A Stock That Can Steer Clear of Danger - Barron's
Tue, 12 Jul 2011 22:39Meanwhile, the stock, which is down 13% year-to-date, has gotten cheap, at just five times trailing enterprise value to Ebitda (earnings before interest, taxes, depreciation and amortization), compared with nine times for the auto-parts supplier sector ...
UPDATE 3-CSX profit beats forecast, shares edge higher - Reuters
Wed, 20 Jul 2011 00:13Japanese auto manufacturers making cars in the United States were affected by parts supply disruptions due to the March earthquake, CSX said. Shares of CSX rose about 1 percent in after-hours trading from a close of $25.48 on the New York Stock ...
KCC exits Mando via $597 million placement - FinanceAsia
Wed, 13 Jul 2011 23:45Indeed, analysts have warned about an overhang issue in the past, but in light of how the share price has performed, it is difficult to see that it has had much impact. Despite the size increase, JP Morgan, which acted as the sole bookrunner, ...
Tube Investments of India: Buy - Business Line
Sat, 16 Jul 2011 16:03While the current share price of Rs 154 values the company at a reasonable 14.2 times consolidated FY11 earnings, its standalone core businesses also looks attractively priced relative to peers in the auto ancillaries space. ...
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