The Latest Breaking News from LEA

While inflation has been easing, mounting concerns about a potential recession due to the recent financial crisis will likely keep the stock market under pressure. However, fundamentally strong stocks, Fortive (FTV), Lear Corporation (LEA), and Liberty Energy (LBRT), which look poised for solid growth, could be worth buying. Read on.

In today’s Union Station: 

The median age of single home buyers has risen above 40 while it stands at 38 for joint purchasers

Lear Corporation (NYSE: LEA) stock has lost 13% year-to-date and is now trading at a 17% discount to its 10-year average, which makes the valuation compelling, according to Wells Fargo.

The highest percentage of those arriving, 43% equating to 14,271 people, were categorised as one parent with children.

A tribunal found St Mary's Menston Catholic Voluntary Academy in Leeds failed to provide Phoebe-Lea Swales with educational equipment to take part in lessons, which made her feel stressed and unable to cope with lessons

Lear Corporation (NYSE:LEA) has agreed to acquire I.G. Bauerhin, an automotive seat heating, ventilation, active cooling, and electronic control modules supplier, for €140 million. LEA expects the acquisition to expand its product capabilities into active cooling and complement its existing offerings. The transaction marks Lear's second acquisition of a thermal comfort solutions company.…

Lear Corp (NYSE:LEA) has agreed to acquire Thagora Technology SRL, a privately held company specializing in material utilization hardware and software technologies based in Iasi, Romania. The financial terms were not disclosed. "Thagora offers Lear access to scalable, smart-manufacturing tools that will be a valuable addition to our business," said Frank Orsini, Lear…

Since the Fed’s aggressive interest rate hikes to fight inflation might tip the economy into recession, cyclical stocks could witness a significant downtrend. Therefore, we think it could be wise to avoid shares of cyclical companies Lear Corporation (LEA) and 1-800-FLOWERS (FLWS), which have cut their full-year guidance. Read on.