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3 Stocks Using Buybacks to Drive Sustainable Price Growth
MarketBeat· 2025-10-03 12:12
Many things can drive a stock’s price higher, fewer that can do it sustainably, and cash flow and capital return top the list. Capital return, in this case, share buybacks, can provide significant leverage for investors, but there is a catch. They must reduce the share count and be sustainable. Companies with share buybacks that reduce the share count on a quarter-to-quarter basis tend also to sustain bullish stock price trends. This examination focuses on three such stocks and explores where investors mig ...
UBS Funds Face Half-Billion-Dollar Exposure to First Brands
MINT· 2025-10-02 18:18
(Bloomberg) -- Funds under the UBS Group AG umbrella face more than half a billion dollars of exposure to bankrupt auto-parts supplier First Brands Group through various investment strategies, with one ranking as the biggest unsecured creditor, court documents show. The auto-parts supplier filed for Chapter 11 protection in Texas late Sunday following a failed attempt to refinance $6 billion of loans and creditor concern over the company’s use of opaque off-balance-sheet financing. The board committee ap ...
Wells Fargo Lifts Autoliv, Inc. (ALV) Price Target to $132, Keeps ‘Equal Weight’
Yahoo Finance· 2025-10-02 13:38
Autoliv, Inc. (NYSE:ALV) is among the under-the-radar dividend stocks benefiting from AI. On September 25, 2025, Colin Langan, an analyst at Wells Fargo, maintained an ‘Equal Weight’ rating on Autoliv, Inc. (NYSE:ALV), while lifting the price target to $132.00 from $126.00, implying a potential surge of about 7%. This confidence follows the company’s focus on innovation that is shaping its performance and thus, its future. Overall, Autoliv, Inc. (NYSE:ALV) demonstrates a strong pricing power, along with s ...
1 Magnificent Stock-Split Stock to Pile Into in October, and the High-Profile Reverse Split of the Year to Avoid
The Motley Fool· 2025-10-02 07:51
A phenomenal business that's rallied more than 66,000% since its initial public offering remains a rock-solid buy, while Wall Street's most-anticipated reverse split is rife with red flags.For much of the last three years, artificial intelligence (AI) has been the primary catalyst lifting the tide on Wall Street. But it's not the only trend responsible for lifting the benchmark S&P 500 to new heights.In addition to AI, investors have gravitated to businesses announcing and completing stock splits.A stock sp ...
3 Consumer Cyclical Players With Improving Valuation That Should Be On Investors' Radar - K-Tech Solutions Co (NASDAQ:KMRK)
Benzinga· 2025-10-02 06:35
Three standout consumer cyclical stocks have surged in value rankings this week, highlighting a sharp reevaluation of their market worth.3 Undervalued Consumer Cyclical StocksBenzinga Edge Stock Rankings‘ composite value metric ranks each company within a percentile compared to its peers, taking into account fundamentals such as market price, assets, earnings, and operational performance.MillerKnoll Inc. (NASDAQ:MLKN), K-Tech Solutions Co. Ltd. (NASDAQ:KMRK), and Modine Manufacturing Co. (NYSE:MOD) have dem ...
X @Bloomberg
Bloomberg· 2025-10-01 14:08
Raistone, a short-term financing provider that worked on deals for First Brands has notified dozens of workers that their jobs are being eliminated following the auto-parts supplier’s sudden collapse https://t.co/NczQz93MwF ...
How First Brands Group collapsed | FT
Financial Times· 2025-10-01 04:05
There's a good chance you haven't heard of First Brands Group. It's a fast growing US maker of spark plugs, windscreen wipers, and the other sorts of little pieces that go into cars. It's not a publicly listed company.In fact, its owner, a man called Patrick James, is so publicity shy, you'll struggle to even find a photo of him online. And First Brands has always stuck to the more private loan market to borrow money. But it's that debt that is now rattling some of the biggest names on Wall Street.It's also ...
X @Bloomberg
Bloomberg· 2025-10-01 00:01
When the auto parts supplier First Brands filed for bankruptcy on Sunday, one name popped up in the documents again and again: Raistone https://t.co/YQYHq5bWrI ...
First Brands seeks Chapter 11 protection, secures $1.1bn DIP financing
Yahoo Finance· 2025-09-30 10:29
Core Viewpoint - First Brands Group, a US auto parts manufacturer, has initiated a voluntary Chapter 11 bankruptcy process to stabilize operations and maximize value through a restructuring plan [1][2]. Financial Overview - The company has secured $1.1 billion in debtor-in-possession (DIP) financing from an ad hoc group of cross-holders to support day-to-day operations during the bankruptcy proceedings [1][2]. - First Brands' liabilities are estimated to range from $10 billion to $50 billion, while assets are estimated between $1 billion and $10 billion [2]. Operational Continuity - The restructuring process is designed to ensure that worldwide operations continue uninterrupted, with international operations excluded from the court-supervised restructuring [2][3]. - The company has filed several "First Day Motions" to maintain employee wages and benefits, uphold customer commitments, and meet obligations to vendors and partners, pending court approval [3]. Leadership and Strategy - Chuck Moore, the chief restructuring officer, emphasized the commitment to support employees and suppliers while delivering automotive technology globally, expressing confidence in the company's industry-leading portfolio [4]. - The company is seeking court approval to administer the Chapter 11 cases jointly, with legal and financial advisory support from various firms [5]. Brand Portfolio - First Brands Group's portfolio includes well-known brands such as Raybestos brake solutions, FRAM filtration products, Centric Parts replacement brake components, and TRICO wiper blades [6].
HR professionals on the move in September
Yahoo Finance· 2025-09-29 16:43
This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. Hershey, International Motors and more announced new CHROs in August. Here are the companies that welcomed new HR professionals to the team in September. Kimberly-Clark At the end of August, Kimberly-Clark, a company known for owning brands like Huggies, Kleenex, Kotex and Pullups, named Stacey Valy Panayiotou as its CHRO. Previously, Panayiotou was CHRO at Ball Corp. “Her co ...