Schaeffler Group News
-
Continental AG, Europe’s second- biggest car-parts maker, said revenue in the fourth quarter will be slightly higher than in the third as the company’s tire and electronics businesses grew faster than competitors.
-
SKF AB and Schaeffler Group were raided by European Union regulators investigating possible price-fixing by ball-bearings manufacturers.
-
Schaeffler Group, the world’s second-biggest maker of roller bearings, has agreed with banks on refinancing for its debt and will increase its stake in Continental AG , Europe’s second-largest tiremaker,
-
Schaeffler Group has bulging orders even as euro-region economies are slowing, Automotive News Europe reported, citing Peter Pleus, head of the company’s engine-systems division, in an interview published on its online edition.
-
The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses.
-
Continental AG, Europe’s second- biggest car-parts maker, stuck to its full-year sales forecast as third-quarter profit surged 74 percent.
-
The Schaeffler Group refused to remove Hans Rolf Koerfer , a member of Continental AG ’s supervisory board who is accused of having a conflict of interest, from his post, Sueddeutsche Zeitung reported, citing Schaeffler Chief Executive Officer Juergen Geissinger .
-
Volkswagen AG , Porsche SE and Bayerische Motoren Werke AG are feeling the pinch of tight component supplies as parts-makers struggle to keep pace with resurgent vehicle demand.
-
Porsche SE , the German sportscar maker, and Schaeffler Group, which controls Europe’s second- biggest tiremaker, are selling 6.8 billion euros ($9.6 billion) in stock to cut debt in the busiest week for German equity sales since September.
-
Schaeffler Group, the world’s second-biggest maker of roller bearings, sold Continental AG stock worth 1.8 billion euros ($2.5 billion) to reduce debt.
|
|
Most Popular on Bloomberg
|
| |