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Latest Lear Corporation Stories

2014-08-27 16:21:34

Strengthens Lear's position as the world's leader in luxury and performance automotive seating SOUTHFIELD, Mich., Aug. 27, 2014 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical distribution systems, today announced that it has signed a definitive agreement to acquire Eagle Ottawa. Eagle Ottawa is the world's largest supplier of automotive leather with a rich 150-year history and stable private ownership for nearly 50 years. The...

2014-08-14 08:20:48

SOUTHFIELD, Mich., Aug. 14, 2014 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical distribution systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's common stock. The dividend is payable on September 24, 2014 to shareholders of record at the close of business on September 5, 2014. Lear Corporation is one of the world's leading suppliers of automotive...

2014-08-11 16:20:46

SOUTHFIELD, Mich., Aug. 11, 2014 /PRNewswire/ -- Lear Corporation [NYSE: LEA], a leading global supplier of automotive seating and electrical distribution systems, will webcast its management presentation at the J.P. Morgan Auto Conference in New York on Wednesday, August 13, 2014. Representing Lear will be: -- Jeff Vanneste, Senior Vice President and CFO -- Ray Scott, Executive Vice President and President, Seating -- Frank Orsini, Senior Vice President and President,...

2014-07-25 08:20:39

SOUTHFIELD, Mich., July 25, 2014 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical distribution systems, today reported financial results for the second quarter. Highlights include: -- Sales of $4.6 billion, up 11% from a year ago -- Record core operating earnings of $275 million, up 23% -- Record adjusted net income of $174 million, up 26% -- Record adjusted earnings per share of $2.12, up 31% -- Record...

2014-06-27 12:22:04

SOUTHFIELD, Mich., June 27, 2014 /PRNewswire/ -- Lear Corporation (NYSE: LEA) will hold a conference call to review the company's second quarter 2014 financial results and related matters on July 25, 2014 at 9:00 a.m. EDT. To participate in the conference call: -- Domestic calls (800) 789-4751 -- International calls (973) 200-3975 The audio replay will be available two hours following the call at: -- Domestic calls (855) 859-2056 -- International calls (404) 537-3406...

2014-05-15 16:20:47

SOUTHFIELD, Mich., May 15, 2014 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical distribution systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's common stock. The dividend is payable on June 25, 2014 to shareholders of record at the close of business on June 6, 2014. Lear Corporation is one of the world's leading suppliers of automotive seating and...

2014-05-06 12:22:04

SOUTHFIELD, Mich., May 6, 2014 /PRNewswire/ -- Lear Corporation [NYSE: LEA], a leading global supplier of automotive seating and electrical distribution systems, today announced the official opening of a new world-class automotive facility in Kenitra, Morocco, for the manufacturing of wire harnesses. Lear is a global leader in developing complete electrical distribution systems for the automotive industry worldwide. Lear's industry-leading cost structure and expertise in systems...

2014-05-02 08:20:36

- Represents second transaction in three-phase exit strategy; 90 percent of interiors business now under contract, offer or sold VAN BUREN TOWNSHIP, Mich., May 2, 2014 /PRNewswire/ -- Visteon Corporation (NYSE: VC) today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec. 31,...

2014-04-25 08:20:40

SOUTHFIELD, Mich., April 25, 2014 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical distribution systems, today reported financial results for the first quarter. Highlights include: -- Sales of $4.4 billion, up 10% from a year ago, with both business segments growing faster than the industry -- Core operating earnings of $243 million, up 21%; adjusted earnings per share of $1.84, up 42% -- Seating...

2014-04-17 16:21:31

SOUTHFIELD, Mich., April 17, 2014 /PRNewswire/ -- Lear Corporation [NYSE: LEA] is moving ahead by one hour its conference call to review the company's first quarter 2014 financial results and related matters. The revised time for Lear's conference call is 8:00 a.m. EDT on April 25, 2014. This revision is being made to avoid a conflict with Ford Motor Company's conference call which was announced subsequent to Lear's announced date. To participate in the conference call: -- Domestic...


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  • Remarkable; prodigious.
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This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'
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