Auto Parts & Equipment

Layne Christensen Co (NASDAQ: LAYN) reported stronger-than-expected first-quarter results on Wednesday. LAYN reported its quarterly net income at $13.1 million, or $0.66 per share, up from $6.6 million, or $0.34 per share, in the year-ago period. Excluding one-time items, LAYN's earnings came in at...

Westport Innovations Inc (NASDAQ: WPRT) released its results for the fourth quarter on Wednesday. Westport Innovations reported a Q4 loss at $0.31 per share, compared with a loss of $0.32 per share, in the year-ago period. The company's revenue came in at $38.1 million, versus $34.5 million, in...

Ciena Corporation (NASDAQ: CIEN) dipped 14.62% to $20.67 in the pre-market session. CIEN posted a wider-than-expected Q2 loss and issued downbeat Q3 revenue projections. Finisar Corporation (NASDAQ: FNSR) dropped 6.06% to $18.75 in the pre-market trading. FNSR's trailing-twelve-month profit margin...

Fuel Systems Solutions (Nasdaq: FSYS) through its wholly owned subsidiary MTM S.r.l., purchased on June 1^st the remaining 50% ownership interest in MTE S.r.l., a premier manufacturer of electronic control units and electronic components for alternative fuel automotive and industrial systems in...

Best 1) Temple-Inland (NYSE: TIN): Trading up 41.3% from yesterday's close to $29.67. International Paper put in a bid to acquire Temple-Inland for $30.60 per share. Temple's board rejected the deal, saying that the bid undervalued the company. 2) Westinghouse Solar (NASDAQ: WEST): Trading up 28...

Best 1) Temple-Inland (NYSE: TIN): Trading up 39.8% from yesterday's close to $29.37. International Paper (NYSE: IP) put in a bid to acquire Temple-Inland for $30.60 per share. Temple's board rejected the deal, saying that the bid undervalued the company. 2) Westinghouse Solar (NASDAQ: WEST):...

Navistar International Corp (NYSE: NAV) reported a 72% rise in its fiscal second-quarter profit on Tuesday. Navistar reported its quarterly profit at $74 million, or $0.93 per share, up from $43 million, or $0.60 per share, in the year-earlier period. Its revenue for the quarter surged 22% to $3.36...

Modine Manufacturing Company (NYSE: MOD) released its financial results for the fourth quarter on Tuesday. MOD reported its quarterly net earnings at $12.3 million, up 209%, from the year-ago period. Its sales surged 22% y/y to $397 million. Its gross margin surged 100 basis points y/y to 15.1%....

Gentex Corporation (NASDAQ: GNTX) has announced that it is supplying auto-dimming mirrors with advanced features for the 2011 /2012 Nissan NV. The new NV is the automaker's first full-size commercial van built for the U.S. market.

According to a recent report from Piper Jaffray, China has created a policy that will provide an incentive for car-buyers to purchase energy efficient cars. When the policy comes into effect, it will leave Johnson Controls (NYSE: JCI) in a positive position to capitalize on the incentive. Due to...

Booz Allen Hamilton Holding Corp (NYSE: BAH) is estimated to report its Q4 EPS at $0.28 on revenue of $1.51 billion. Navistar International Corporation (NYSE: NAV) is estimated to post its Q2 EPS at $1.17 on revenue of $3.30 billion. Measurement Specialties Inc (NASDAQ: MEAS) is estimated to...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Johnson Controls (NYSE: JCI) is “all good, but I sold it for my charitable trust. It's in too many businesses that are levered to autos, so I'm going to say sell, sell, sell until $33 or $34." Cramer believes that PPL Corp (NYSE...

Shares of Lear Corporation (NYSE: LEA) are higher on the session by 0.86%, trading at $50.26. Overall call volume is now running at 9.45x the daily average, with 74% of all calls traded being purchases on the offer. 1,626 contracts have traded on the session so far. Lear Corporation is a tier 1...

Goldman Sachs has changed the price target on the following companies: Dana Holding Corporation (NYSE: DAN) from $24 to $25 and maintains its Buy rating. Lear Corporation (NYSE: LEA) from $65 to $68 and maintains its Buy rating. Meritor (NYSE: MTOR) from $20 to $19 and maintains its Neutral...

Stifel Nicolaus is out with its report today on Exide Technologies (NASDAQ: XIDE), lowering its PT from $14 to $12. In a note to clients, Stifel Nicolaus writes, "We are reducing our target price from $14 to $12 to reflect the reduction in our margin estimates. Our 12-18 month target price of $12...