Auto Parts & Equipment

Tenneco (NYSE: TEN) Reports Q1 EPS of $0.63 vs. $0.48 Estimate; Revenues $1.76B vs. $1.63B Estimate

Gainers: Harbin Electric Inc. (HRBN)- designs, develops, manufactures, supplies and services a range of electric motors, including linear motors, specialty micro-motors and industrial rotary motors is trading at a price of $19.91, a dramatic change of +1.19 (6.36%) from its previous day's close...

Quantum Technologies, Inc. (Nasdaq: QTWW), today announced that on April 29, 2011, it fully repaid the outstanding principal and interest owed under certain bridge promissory notes originally issued in October 2010 and amended in January 2011 and, as a result of such repayment, the defaults under...

Quantum Technologies (Nasdaq: QTWW), today announced that on April 29, 2011, it fully repaid the outstanding principal and interest owed under certain bridge promissory notes originally issued in October 2010 and amended in January 2011 and, as a result of such repayment, the defaults under the...

1. Charter Communications Inc. (CHTR): Charter Communications, one of the country largest cable companies, has offered to swap its Los Angeles-area cable system with Time Warner Cable's system in Wisconsin, according a recent trade magazine report. Under the proposed trade, Charter, which already...

Sterne Agee is raising its price target and estimates on shares of WABCO Holdings (NYSE: WBC) to $89, and it is reiterating its Buy rating on shares. In a note to investors, Sterne Agee writes, "We reiterate our Buy rating on WABCO. We believe our thesis is playing out on the cyclical front, with...

It is official - the Russell 2000 is now trading in uncharted territory. After Wednesday's historic press conference by Federal Reserve chairman Ben Bernanke, Wall Street pushed the Russell 2000 to its highest level on record. The Russell has climbed over 150...

It is official - the Russell 2000 is now trading in uncharted territory. After Wednesday's historic press conference by Federal Reserve chairman Ben Bernanke, Wall Street pushed the Russell 2000 to its highest level on record. The Russell has climbed over 150...

Jefferies & Company kept its Buy rating on Lear Corp. (LEA) Friday after the company reported earnings. Jefferies states,"LEA upsided 1Q consensus by a resounding 28%. At 3.7x forward EBITDA, we feel the shares are simply too cheap to ignore. Reiterate Buy rating." Shares of Lear Corp. (LEA)...

Jefferies has published a reports holding American Axle & Manufacturing (NYSE: AXL) with a Neutral rating on a $14 price target. On Friday morning, AXL beat consensus by 32%, most likely benefitting from a robust industry wide production mix toward trucks during the quarter. In the report,...

According to Goldman Sachs, Lear Corp. (NYSE: LEA) Buy rating is reiterated. Goldman Sachs said that, post 1Q11 results, it is adjusting its Y2011/FY2012/FY2013 estimates to $5.28/$7.07/$7.47 from $4.95/$6.26/$6.46. “Our new estimates reflect (1) the flow-through of much stronger 1Q results, (2) a...

J.P. Morgan is out with its report today on Lear (NYSE: LEA), raising its PT from $67.50 to $70. In a note to clients, J.P. Morgan writes, "Following LEA's solid 1Q results, we raise our 2011e Core Operating Income estimate (COI/EBIT) to $740MM (vs. $730MM earlier and at the high end of LEA's...

Drew Industries (NYSE: DW) Reports EPS of $0.42 vs. $0.40 Estimate; Revenues $169M vs. $162.27M Estimate

Altera Corporation (NASDAQ:ALTR)- Up 1.81% to $49.38. Altera Corporation designs, manufactures, and markets programmable logic devices and associated development tools. The Company's products, include a variety of programmable logic devices and hardcopy application-specific integrated circuits....

JP Morgan has raised the price target on Lear Corporation (NYSE: LEA) from $67.50 to $70 and maintains its Neutral rating.