Markets
Business
Investing
Tech
Politics
CNBC TV
Watchlist

stocks A123 Systems Inc

  • An Apple Store in Tianjin, China.
    Apple exploring settlement with car battery maker

    Apple is discussing a settlement in a lawsuit brought by electric car battery maker A123 Systems, which accused them of poaching top engineers.

  • Apple Carplay
    All the Apple car hype broken down in 10 questions

    Apple building a car may seem nuts. Or is it inevitable? Here are the 10 best reasons for and against the tech giant's move into autos.

  • Apple sued for battery engineer poaching
    Apple sued for battery engineer poaching   

    CNBC's Dominic Chu and Allison+Partners Head of Digital discuss a battery maker's lawsuit against Apple for poaching its engineers and expected demand for an Apple car.

  • Shoppers at an Apple store in New York.
    A123 accuses Apple of poaching these workers

    A123 Systems has sued Apple for poaching top engineers to build a large-scale battery division, according to a court filing.

  • Reusable: Tesla logo on grey
    Tesla Pays Off $465 Million Federal Loan

    The company became the first automaker to repay money borrowed under the Advanced Technology Vehicle Manufacturing program.

  • A123 Systems logo
    Chinese Firm Wins A123 Despite US Tech Transfer Fears

    China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc, a bankrupt maker of electric car batteries that was funded with U.S. government money, a source familiar with the situation said on Tuesday.

  • China to the Rescue ... Again
    China to the Rescue ... Again   

    CNBC's Phil LeBeau reports on China's move to takeover battery maker, A123, with Alan Tonelson, U.S. Business and Industry Council.

  • A123 Systems logo
    Wanxiang Wins Auction for Politically-Sensitive US Firm

    China's largest maker of auto parts won a politically sensitive auction for A123 Systems, a bankrupt maker of batteries for electric cars that was funded partly with U.S. government money, the investment banker for A123 said on Saturday.

  • A123 Says White House Gave It Nearly $1 Million
    A123 Says White House Gave It Nearly $1 Million   

    CNBC's Eamon Javers reports Senator Chuck Grassley says the very day A123 filed for bankruptcy, the Department of Energy sent a check to the company for nearly $1 million. The Energy Department, he says, needs to answer for "autopilot" funding.

  • RPT-UPDATE 2-Dow Chemical to take charge of up to $1.1 billion

    *Fourth-quarter charge of $900 million to $1.1 billion. Oct 30- Dow Chemical Co will take a fourth-quarter charge of as much as $1.1 billion related to last week's announcement that it will close 20 plants, write down the value of its lithium ion battery business and lay off thousands of workers.

  • Johnson Controls declines lender role for A123

    MILWAUKEE-- Auto parts maker Johnson Controls is stepping away from its position as the debtor-in-possession lender during the bankruptcy process for battery maker A123 Systems in order to prevent delays.

  • A123 to seek approval for loan from Chinese auto parts maker

    Oct 26- Bankrupt battery maker A123 Systems Inc. plans to ask for court approval for a loan from auto parts maker Wanxiang Group Corp, which could give the Chinese company an advantage over a U.S. rival in a takeover battle for A123. A123, which filed for bankruptcy earlier this month, has an interim bankruptcy loan with Johnson Controls.

  • Harried US cleantech sector seeks turning point in SolarCity IPO

    *Most promising cleantech IPO since Tesla Motors. As a result, SolarCity is being hailed as the alternative energy industry's most promising IPO candidate since electric car company Tesla Motors Inc's 2010 debut.

  • Johnson Controls booking 4Q restructuring charge

    MILWAUKEE-- Auto parts and building equipment maker Johnson Controls Inc. said Monday that it expects to book a pretax charge between $225 million and $275 million in its fiscal fourth quarter, reflecting costs related to restructuring efforts.

  • Analyst sees benefits to Johnson Controls deal

    NEW YORK-- An analyst says that Johnson Controls' agreement to buy battery maker A123 Systems' automotive assets is a good strategic fit and gives it access to new lithium ion battery technology. Johnson Controls Inc., an auto parts and building equipment maker, plans to keep A123 plants open and sell the company's lithium-ion battery technology.

  • *Battery maker A123 files for bankruptcy protection
  • News Summary: A123 files for bankruptcy protection

    SHORT CIRCUIT: Short of cash and hurting from weak sales of electric cars, battery maker A123 Systems Inc. filed for bankruptcy protection on Tuesday and quickly sold its automotive assets. Auto parts maker Johnson Controls Inc. will buy the company's automotive business for $125 million.

  • Stocks higher on 3Q profits; Mattel jumps

    Inflation is low, earnings are high, investors are happy. Results at Mattel, Goldman Sachs, and Johnson& Johnson were all above expectations. Also Tuesday, the Labor Department said consumer prices rose just 0.1 percent last month, not counting food and energy costs.

  • Battery maker A123 files for bankruptcy protection

    DETROIT-- After years of struggling in the nascent market for electric cars, battery maker A123 Systems Inc. filed for bankruptcy protection Tuesday. The filing drew criticism from Republicans who claim the Obama administration has wasted millions of taxpayer dollars on alternative energy companies like A123.

  • A123 Systems expects to default of some debt

    WALTHAM, Mass.-- A123 Systems says a default on some of its debt is likely and it may be heading for bankruptcy protection. There were enormous hopes for A123 when it went public three years ago and shares soared 50 percent to more than $20 on the first day. A123 also got a $249 million government grant to help it build a battery factory in Michigan.