UpInArms
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Tue Nov-08-05 06:50 AM
Response to Original message |
| 11. Visteon posts larger-than-expected quarterly loss |
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http://today.reuters.com/investing/financeArticle.aspx?... CHICAGO, Nov 8 (Reuters) - Auto parts maker Visteon Corp. (VC.N: Quote, Profile, Research) on Tuesday posted a bigger-than-expected third-quarter loss, pressured by North America vehicle production cuts and high raw materials prices.
The company said it expects to recognize a gain of up to $1.8 billion in the fourth quarter from former parent Ford Motor Co.'s (F.N: Quote, Profile, Research) bailout, but forecast an operating loss and negative cash flow because of commodity and customer pricing pressures.
The third-quarter net loss narrowed to $200 million, or $1.58 per share, from $1.44 billion, or $11.48 per share, in the year earlier quarter when Visteon took $1.3 billion in charges, mainly for deferred tax asset valuation allowances and asset impairments.
<snip>
Visteon on Oct. 1 returned 23 facilities to Ford under a massive bailout to avoid bankruptcy. The move slashed annual revenue by about 40 percent to $11.4 billion, but reduced the company's reliance on Ford business.
...more...
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| -STOCK MARKET WATCH, Tuesday 8 November |
ozymandius |
Nov-08-05 05:08 AM |
#0 |
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WrapUp by Rob Kirby |
ozymandius |
Nov-08-05 05:13 AM |
#1 |
  -
great WrapUp, Ozy |
UpInArms |
Nov-08-05 05:49 AM |
#7 |
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Morning Marketeers, |
AnneD |
Nov-08-05 09:32 AM |
#25 |
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Hi AnneD! |
UpInArms |
Nov-08-05 09:53 AM |
#27 |
| -
Let me dummy this down..... |
AnneD |
Nov-08-05 10:22 AM |
#30 |
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Sounds like you are right on the wooden nickel, AnneD! |
UpInArms |
Nov-08-05 10:29 AM |
#33 |
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Thanks UIA |
AnneD |
Nov-08-05 10:58 AM |
#36 |
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Stocks rise as oil drops |
ozymandius |
Nov-08-05 05:16 AM |
#2 |
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Oil slips toward $59 |
ozymandius |
Nov-08-05 05:30 AM |
#3 |
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Survey: Gas drops 23 cents per gallon |
ozymandius |
Nov-08-05 05:32 AM |
#4 |
| -
Imports, Refineries Help Trim Gas Prices |
UpInArms |
Nov-08-05 08:20 AM |
#17 |
| -
Energy Agency Sets Grim Oil Forecast |
ozymandius |
Nov-08-05 05:41 AM |
#5 |
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Hummer Overfloweth (heh-heh!) |
54anickel |
Nov-08-05 10:28 AM |
#32 |
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those pictures are priceless! |
UpInArms |
Nov-08-05 10:36 AM |
#34 |
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Yet GM keeps tossin' money at 'em |
54anickel |
Nov-08-05 10:47 AM |
#35 |
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I wish they'd send 'em to our troops in IRAQ!!! |
loudsue |
Nov-08-05 12:45 PM |
#43 |
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Thanks UIA, 54anickle... |
AnneD |
Nov-08-05 12:57 PM |
#47 |
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Ha! Ha!, |
mojavekid |
Nov-08-05 01:19 PM |
#52 |
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Dec Crude @ $59.25 bbl - Dec NatGas @ $11.59 mln btus |
UpInArms |
Nov-08-05 10:25 AM |
#31 |
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Dec Crude @ $59.50 bbl - Dec NatGas @ $11.72 mln btus |
UpInArms |
Nov-08-05 01:17 PM |
#51 |
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Dec Crude closes @ $59.71 bbl - Dec NatGas @ $11.793 mln btus |
UpInArms |
Nov-08-05 02:01 PM |
#57 |
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Winter Heating Bills to increase 41% - DOE |
UpInArms |
Nov-08-05 11:24 AM |
#38 |
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I hope you folks will pardon my absence. |
ozymandius |
Nov-08-05 05:49 AM |
#6 |
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Thanks for all the hard work Ozy |
plasticsundance |
Nov-08-05 07:18 AM |
#14 |
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daily dollar watch |
UpInArms |
Nov-08-05 06:10 AM |
#8 |
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Hmmm. A really good time to buy Euros!! |
loudsue |
Nov-08-05 12:47 PM |
#44 |
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Newspapers see circulation drop |
UpInArms |
Nov-08-05 06:28 AM |
#9 |
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(Comair) 315 jobs may go in first wave of cuts |
UpInArms |
Nov-08-05 06:30 AM |
#10 |
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Visteon posts larger-than-expected quarterly loss |
UpInArms |
Nov-08-05 06:50 AM |
#11 |
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Refco Accounts Declined Following Bennett Disclosure, Bankruptcy |
UpInArms |
Nov-08-05 06:58 AM |
#12 |
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(High-End Home Builder) Toll Brothers sees 2006 falling short of forecast |
UpInArms |
Nov-08-05 07:07 AM |
#13 |
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U.S. stocks decline on dimmer housing outlook |
UpInArms |
Nov-08-05 01:07 PM |
#49 |
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Toll Bros. selloff may signal bursting home bubble |
UpInArms |
Nov-08-05 01:31 PM |
#54 |
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MBIA profit falls after charge for regulatory settlement (derivatives) |
UpInArms |
Nov-08-05 07:55 AM |
#15 |
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MBIA restatements from 1998 |
UpInArms |
Nov-08-05 10:13 AM |
#29 |
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Blockbuster posts loss; sees more cost-cutting |
UpInArms |
Nov-08-05 08:07 AM |
#16 |
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Wheeling-Pittsburgh quarterly profit drops 41% |
UpInArms |
Nov-08-05 08:22 AM |
#18 |
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Cooper Tire posts loss - Tire maker cities weaker demand, higher costs |
UpInArms |
Nov-08-05 08:27 AM |
#19 |
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9:39 EST markets deep in the red with pre-opening blather |
UpInArms |
Nov-08-05 08:41 AM |
#20 |
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Printing Press Report: Fed adds temporary reserves via 2-day system RPs |
UpInArms |
Nov-08-05 08:42 AM |
#21 |
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US Treasuries rise as market gets set for auctions |
UpInArms |
Nov-08-05 08:54 AM |
#23 |
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Treasury Auction results: |
UpInArms |
Nov-08-05 12:07 PM |
#42 |
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more info (scant foreign bank interest): |
UpInArms |
Nov-08-05 01:05 PM |
#48 |
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Treasuries investors more bearish in week - poll |
UpInArms |
Nov-08-05 09:02 AM |
#24 |
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Dec Gold @ $462.40 oz |
UpInArms |
Nov-08-05 08:48 AM |
#22 |
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Dec Gold closes @ $462.30 oz |
UpInArms |
Nov-08-05 12:56 PM |
#46 |
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10:45 numbers and blather |
ozymandius |
Nov-08-05 09:46 AM |
#26 |
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Wall St bonuses seen 5-10 pct higher-survey |
UpInArms |
Nov-08-05 09:55 AM |
#28 |
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Gee... |
AnneD |
Nov-08-05 11:05 AM |
#37 |
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CEO, director pay rising, studies show |
UpInArms |
Nov-08-05 12:54 PM |
#45 |
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GOPpiggies outline $60 Billion in Tax Cuts for Rich |
UpInArms |
Nov-08-05 11:35 AM |
#39 |
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12:39 EST numbers and blather |
UpInArms |
Nov-08-05 11:40 AM |
#40 |
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Bank of NY involved in FRAUD scheme |
UpInArms |
Nov-08-05 11:57 AM |
#41 |
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Foreign Loans Diverted in Monster Money Laundering? |
UpInArms |
Nov-08-05 01:21 PM |
#53 |
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2:07 EST fairies arrive on cue |
UpInArms |
Nov-08-05 01:09 PM |
#50 |
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Boeing says to lay off 250 employees in Wichita |
UpInArms |
Nov-08-05 01:42 PM |
#55 |
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U.S. Social Security overhaul unlikely before 2009 |
UpInArms |
Nov-08-05 01:44 PM |
#56 |
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3:19 EST numbers and blather |
UpInArms |
Nov-08-05 02:21 PM |
#58 |
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closing numbers and blather |
UpInArms |
Nov-08-05 04:34 PM |
#59 |
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