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Icahn Sells Federal-Mogul; Tenneco To Create Two Public Companies
Tuesday, April 10, 2018 - 8:58am | 399Read More...Activist investor Carl Icahn's name is front and center in a $5.4-billion merger between two automotive component companies. What Happened Carl Icahn and his Icahn Enterprises LP (NASDAQ: IEP) agreed to sell its indirect wholly owned subsidiary Federal-Mogul to Tenneco Inc (NYSE: TEN) for $5....
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Stifel Looks Forward To Automotive And Auto Components In 2015
Monday, December 29, 2014 - 11:02am | 253Read More...James Albertine of Stifel expects 16.75 million cars to be sold in 2015, representing a 2 percent to 3 percent increase from 2014. In a note to clients on Monday, Albertine states that persistent low fuel costs and interest rates, the middle and lower income consumers participating in the auto...
