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Visteon Corp

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  • NEW YORK, Nov 12- A federal appeals court ruled in favor of Goldman Sachs Group Inc in a lawsuit accusing the Wall Street investment bank of negligence for arranging the $580 million sale of a married couple's speech-recognition company to Lernout& Hauspie, which soon collapsed in an accounting fraud. The 1st U.S. Circuit Court of Appeals in Boston on Wednesday...

  • Auto parts maker Visteon's revenue rises 33 pct Thursday, 6 Nov 2014 | 7:23 AM ET

    Nov 6- Auto parts maker Visteon Corp reported a 33 percent rise in quarterly revenue, helped by the acquisition of Johnson Controls Inc's electronics business and increased global vehicle production. The company's revenue rose to $1.97 billion in the third quarter ended Sept.30, from $1.48 billion a year earlier. Visteon reported a net loss attributable to...

  • Sept 10- Auto-parts maker Visteon Corp is exploring a plan to split into two companies focused on electronics and climate controls, Bloomberg reported, citing people familiar with the matter. Visteon, once a part of Ford Motor Co may consider selling or spinning off the electronics business, the report said.

  • Aug 6- Auto parts maker Visteon Corp reported an 11 percent rise in quarterly revenue and raised its full-year profit forecast as higher vehicle production boosts. The company raised its full-year earnings forecast to $2.98- $3.62 per share from $2.21- $3.09.

  • Auto parts maker Visteon's quarterly revenue rises Wednesday, 6 Aug 2014 | 7:30 AM ET

    Aug 6- Auto parts maker Visteon Corp reported a 11 percent rise in quarterly revenue as higher vehicle production boosted sales of its climate control products. Visteon said $258 million of sales in its interiors business were reclassified as discontinued operations since it is divesting a majority of the business.

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    SAC Capital Advisors

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    Steven A. Cohen

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