Page 19 - Lear Corp News Today

Automotive seating supplier Adient plc saw sales and earnings improve in the first quarter, though executives say production disruptions are lingering longer than expected and hurting profitability.The company, domiciled in Ireland with a base in Plymouth, had an adjusted EBITDA of $212 million for…

Operator: Good morning, everyone, and welcome to the Lear Corporation Fourth Quarter and Full-Year Earnings Conference Call. .

SOUTHFIELD, Mich. (AP) _ Lear Corp. (LEA) on Thursday reported fourth-quarter profit of $117.5 million. On a per-share basis, the Southfield, Michigan-based company said it had net income of $1.97.

Lear Corp.'s adjusted net income increased four-fold in the fourth quarter to $118 million, capping a year of steady financial improvement as market constraints ease — for the most part.The Southfield-based automotive supplier saw a 10 percent top line increase to $5.4 billion in revenue for…

Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.

Greenbrier Companies (GBX), Lear Corp. (LEA) and Central Garden & Pet Co. (CENT) are three bearish-looking stocks that you should think about shorting this year, technical analyst Bob Lang writes in his latest edition of Bearish Bets....GBX

Rising consumer disposable income, higher living standards, shifting fashion trends, and expanding domestic and international tourism are the some of the...

Alan Wagner of Grosse Pointe has been tapped to lead Liteborne Motor Corp., which plans to sell EVs made by Chinas Skywell Automotive Group.

Vice President Kamala Harris and Energy Secretary Jennifer Granholm were in Michigan for the Thursday conversation about climate policy.

Lear CEO Ray Scott: "We're exiting Russia. [There are] issues that we have to take care of, but we're exiting. For the most part, all of our manufacturing plants are shut down."