NASHVILLE, Tenn.-- Automotive supplier Van-Rob will expand its plant in Tennessee's Coffee County, adding 104 jobs. Company and state officials said Wednesday the company is spending $16.8 million to increase manufacturing in Manchester. Van-Rob, Inc. _ based in Aurora, Canada _ is a division of KIRCHHOFF Automotive.
**APPLE INC, $447.94, up 2 pct. William Blair& Co analyst Anil Doradla said the bond oversubscription showed investor confidence in Apple, adding that shareholders will get these benefits, and that capital allocation is driving the shares up. **AVEO PHARMACEUTICALS INC, $2.69, down 49 pct.
U.S. stocks extended their advance on Thursday, with the Nasdaq Composite up 1 percent, led by gains in shares of Apple and Gilead Sciences. **GILEAD SCIENCES INC, $52.88, up 5 pct.
**ORCHARD SUPPLY HARDWARE STORES, $2.11, up 42 pct. Telular said it may solicit superior proposals from third parties through may 29, 2013. Germany's Bayer AG has agreed to buy the U.S. contraceptive devices maker for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.
April 29- Three months ended March 31. Net Profit 2.60 vs 3.36 Net Sales 21.90 vs 22.68 EPS 82.7 vs 107 NOTE: Bosch Ltd manufactures auto components. *Source text:* Further company coverage ().
TOKYO, April 26- Japan's Denso Corp, the world's second-biggest auto parts supplier, booked operating profit of 74.4 billion yen for the January-March quarter, down 5.3 percent from a year earlier when it was still recovering from an earthquake that disrupted production.
BERLIN/ DETROIT, Feb 11- Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford, Alfred Sloan and Taiichi Ohno in the canon of auto industry pioneers.
TORONTO, Jan 27- All systems are go for Canada's auto parts sector. The fortunes of Magna International Inc, Linamar Corp and Martinrea International Inc are tightly tied to the Detroit Three and the health of the U.S. vehicle market.
DETROIT, Jan 16- Billionaire investor Wilbur Ross wants International Automotive Components, the auto supplier he controls, to go public to get access to cheaper capital, but he added he was in no rush for an initial public offering.
*Fisker courts Asian investors as China bolsters EV goals. BEIJING, Jan 11- Top executives at Fisker Automotive Inc, maker of the sleek Karma plug-in hybrid, are scouring Asia- in particular, China- for funding and strategic partners that are viewed as crucial to the automaker's success, four people familiar with the matter said.