Fifth Third said it expects its fourth-quarter charge-off ratio - which reflects the percentage of its loans that it doesn't expect to be paid back - to fall by about 40 basis points, from the ...
The regional bank’s stock bounced as its earnings beat expectations and provisions for credit losses were less than feared.
Of course, some perspective is required. The LS400 caught the W126-generation S-Class near the end of a long life cycle that ...
The bankruptcy filing by an auto parts supplier has hit sentiment toward Advance Auto, O'Reilly Auto Parts, and AutoZone.
Green procurement and tariff resilience: Strategies from Canadian auto suppliers for U.S. automakers
Resilience dividend for North America: Lessons from Canadian suppliers suggest U.S. automakers can strengthen competitiveness by integrating sustainability into procurement and change management ...
President Donald Trump ordered a review of decade-old pension cuts to some retirees at a former General Motors auto parts unit, the White House said on Thursday, 12 days before the Nov. 3 U.S.
First Brands Group, the auto parts maker facing a growing wave of doubts about its finances and earnings statements, is discussing options with its creditors for restructuring its $6 billion debt load ...
In the assessment of 12-month price targets, analysts unveil insights for Genuine Parts, presenting an average target of $145.86, a high estimate of $160.00, and a low estimate of $135.00. This upward ...
US auto parts maker First Brands filed for Chapter 11 bankruptcy, burdened by over $6 billion in debt from acquisitions, securing $1.1 billion in financing. This move, alongside affiliated ...
(Bloomberg) -- Creditors to First Brands Group are tallying paper losses in the billions of dollars and trying to assess the widening damage from the unanswered questions swirling around the ...
Major auto parts maker First Brands Group, LLC. filed for bankruptcy protection over the weekend — revealing billions of mounting debt in the process. The auto parts manufacturing company filed for ...
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