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The Latest Breaking News from Lear

Fortune 500 auto-parts supplier Lear looks to slash some 15,000 jobs this year globally

The company is also looking to drive growth by winning new business from the one group of automakers most likely to grow in the near future: Chinese domestic brands like BYD, Feely, and now Xiaomi.

Fortune

Europe's Auto Suppliers Reach The End Of The Road

Emrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory where he works in northern Germany is slated to close.

International Business Times

3 Value Stocks to Scoop Up at a Discount

Here's a spotlight on three value stocks - CSCO, T, and LEA - that present compelling opportunities for investors seeking undervalued assets with strong growth potential.

Barchart

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"Music is like skiing - you don’t have to go down the black runs with the hairiest turns to get the thrill": An interview with late Eagles founder Glenn Frey

Glenn Frey on The Eagles, Lear jets, nice hotels, police escorts, sold-out stadiums, women, drugs, family, and aging in an age-appropriate manner

Louder

Consumer Discretionary Stocks Are at It Again! Don’t Miss Out on These Potential Winners!

Consumer spending is strong despite high prices, inflation, and negative consumer sentiment. Here's how to find some potential winners!

Barchart

Auto Stocks Fall As UAW Strike Expands To More Ford, GM Plants. Ford CEO Responds.

The UAW strike expanded to Ford's Chicago assembly plant and GM's Lansing Delta Township plant as of noon Friday.

Investors Business Daily

IndyCar Detroit: Start times, how to watch on TV, entry list

This weekend’s event will be the first on a new temporary street circuit in downtown Detroit, a 1.7-mile, nine-turn circuit with a split-in-two pitlane. The race will be held over 100 laps (170 miles), as opposed to the traditional double-header event format at the previous Belle Isle location.

Motorsport

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Power unveils student-designed murals for 2023 Detroit GP

Students from the Boys and Girls Club of Southeastern Michigan (BGCSM) created eight unique art murals that will be displayed trackside at the Grand Prix, which this year departs Belle Isle to return to a new 1.7-mile downtown course.

Motorsport

Corrie's iconic Dr Gaddas gets a very different look for new groundbreaking role as star reveals what it's like to diagnose Weatherfield legends

Christine Mackie has lifted the lid on playing Coronation Street's much-loved GP for almost 10 years

Manchester Evening News

Nissan and North East suppliers create seats for Royal Navy submarine

The automotive giant's 'Zero Gravity' seats used in the Juke Hybrid and Qashqai e-POWER models will also be used on HMS Anson

Birmingham Post

Benzinga's Top Ratings Upgrades, Downgrades For July 11, 2022

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Benzinga

Why This Lear Corporation Analyst Is Bullish On Recovery Tailwinds, EV Growth

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.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 7, 2022

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Benzinga

Analyst Ratings for Lear

Lear (NYSE:LEA) has observed the following analyst ratings within the last quarter:

Benzinga

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Motorsport

IndyCar at Belle Isle, Detroit – facts, schedule, entry list

All you need to know ahead of the seventh round of the 2022 NTT IndyCar Series – the Chevrolet Detroit Grand Prix presented by Lear.

Benzinga

Lear In Acquisition Spree - Buys Seat Climate Control Provider IGB

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.…

Benzinga

Lear Buckles In This Romania-Based Seating Materials Specialist

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…

Motorsport

NXG Youth Motorsports fostering love of motorsport in Detroit

The NXG Youth Motorsports believes its expansion to Detroit is paying off, as it continues its push to attract under-represented communities into the racing world.

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Benzinga

Lear Earnings Perspective: Return On Capital Employed

According to Benzinga Pro, during Q1, Lear (NYSE:LEA) earned $66.60 million, a 34.27% increase from the preceding quarter. Lear also posted a total of $5.21 billion in sales, a 6.72% increase since Q4.

Benzinga

Expert Ratings for Lear

Within the last quarter, Lear (NYSE:LEA) has observed the following analyst ratings:

Benzinga

Lear Q1 Earnings Top Estimates; Cuts FY22 Outlook

Lear Corp (NYSE:LEA) reported a first-quarter FY22 sales decline of 3% year-on-year to $5.21 billion, beating the consensus of $5.04 billion. Global vehicle production decreased 4% Y/Y, with North America down 2%, Europe shedding 18%, and China climbing 8%. Net sales from North America rose 9.3% Y/Y, Europe and Africa fell 13.8%, Asia…

Benzinga

Lear: Q1 Earnings Insights

Lear (NYSE:LEA) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Earnings Lear beat estimated earnings by 14.65%, reporting an EPS of $1.8 versus an estimate of $1.57.

Benzinga

Lear Earnings Preview

Lear (NYSE:LEA) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Lear will report an earnings per share (EPS) of $1.57.

Benzinga

Expert Ratings for Lear

Lear (NYSE:LEA) has observed the following analyst ratings within the last quarter:

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 11, 2022

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