Nov 23, 2009 (Wall Street Horizon via COMTEX) --
Visteon Corporation (VSTNQ.PK)
Expected next earnings release:
Announcement date: 2/25/2010 - Before Market
Earnings Quarter: Q4
Announcement Status: Unconfirmed
Tags: corporate earnings market
Companies: Visteon Corp. (VSTNQ)
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Nov 17, 2009 (Wall Street Horizon via COMTEX) --
Visteon Corporation (VC)
Expected next earnings release:
Announcement date: 2/25/2010 - Before Market
Earnings Quarter: Q4
Announcement Status: Unconfirmed
Tags: corporate earnings market
Companies: Visteon Corp. (VC), Visteon Corp. (VSTNQ)
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Nov 16, 2009 (Wall Street Horizon via COMTEX) --
Visteon Corporation (VC)
Expected next earnings release:
Announcement date: 2/25/2010 - Before Market
Earnings Quarter: Q4
Announcement Status: Unconfirmed
Tags: corporate earnings market
Companies: Visteon Corp. (VC), Visteon Corp. (VSTNQ)
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VAN BUREN TOWNSHIP, Mich., Oct 28, 2009 /PRNewswire-FirstCall via COMTEX/ --
Visteon Corporation (OTC: VSTN) has filed a motion with the U.S. Bankruptcy Court in Delaware seeking approval of up to $150 million in debtor-in-possession (DIP) financing from a consortium of its term loan lenders. The DIP facility will provide Visteon with additional liquidity to fund ongoing operations as it progresses with its Chapter 11 reorganization process in the U.S. The court is expected to consider the motion Nov. 12.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO)
Under terms of the proposed facility, Visteon will draw $75 million on the closing date of the agreement, with an option to draw the balance at a later date.
Visteon Corporation is a global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; the company has facilities in 26 countries and employs approximately 30,000 people.
SOURCE Visteon Corporation
http://www.visteon.com
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Tags: automotive bankruptcy china corporate delaware manufacturer michigan otc products shanghai
Companies: Vestin Group Inc (VSTN), Visteon Corp. (VC)
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Wragge & Co LLP Corporate group has advised Canadian-based Linamar Corporation on its acquisition of the former Visteon automotive manufacturing facility in Swansea, Wales which produces power transfer units for Ford and other major automotive manufacturers.
http://www.wragge.com/mergers_acquisitions_2883.asp
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