International Business News - TRW http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif TRW Automotive Holdings Corp. withdrew its full-year 2008 sales and earnings guidance on Thursday, citing steeper than expected vehicle production declines in major global markets. http://www.ibtimes.com/articles/20081204/trw-automotive-withdraws-2008-guidance.htm Thu, 04 Dec 2008 17:20:32 EST Shares of TRW Automotive Holdings Corp. soared nearly 31 percent Friday after an analyst said the company is well-positioned for long-term growth. Shares of the Livonia, Mich.-based company, which makes car safety systems, rose 84 cents, or 30.9 percent, to $3.56. http://www.ibtimes.com/articles/20081128/trw-shares-rise-on-positive-analyst-note.htm Fri, 28 Nov 2008 16:32:53 EST In an increasingly anxious campaign for a $25 billion government rescue, Detroit's Big Three car makers and their allies in Washington are warning the demise of the auto industry will damage U.S. national security. http://www.ibtimes.com/articles/20081119/hard-sell-detroit-links-bailout-national-defense.htm Wed, 19 Nov 2008 03:13:16 EST Desperate for a $25 billion government rescue package, U.S. automakers and their allies in Washington are warning that U.S. national security would be harmed if Detroit goes under and takes its vast chain of parts suppliers along with it. http://www.ibtimes.com/articles/20081118/hard-sell-detroit-links-bailout-national-defense.htm Tue, 18 Nov 2008 17:54:37 EST Shares of auto suppliers mostly fell Tuesday as hopes began to fade that Congress would approve a financial bailout for the automotive industry. Treasury Secretary Henry Paulson told Congress that the administration remains firmly opposed to using the government's $700 billion financial bailout fund for a $25 billion rescue package for the Detroit-based automakers, regardless of how badly they need the help. http://www.ibtimes.com/articles/20081118/secotr-snap-auto-suppliers-fall-on-bailout-woes.htm Tue, 18 Nov 2008 13:26:43 EST Shares of several auto-parts suppliers tumbled Monday on worries about what effects the accelerating cash burn and mounting financial losses at General Motors Corp. could have on their sales. http://www.ibtimes.com/articles/20081110/shares-of-auto-suppliers-drop-on-gm-worries.htm Mon, 10 Nov 2008 12:12:24 EST Canadian auto parts maker Magna International Inc. said Tuesday it lost $215 million in the third quarter, citing a continued decline in North American vehicle production that spread to European markets. It cut its full-year sales guidance and slashed its dividend, saying it doesn't expect demand for cars and trucks to improve anytime soon. http://www.ibtimes.com/articles/20081104/magna-swings-to-3q-loss-on-charges-lower-sales.htm Tue, 04 Nov 2008 18:37:35 EST A trio of major U.S. auto suppliers announced big third-quarter losses on Thursday, blaming steep drops in U.S. and European vehicle production. Executives for the companies said they're bracing for those declines to continue into next year. http://www.ibtimes.com/articles/20081030/visteon-trw-and-lear-all-report-big-3q-losses.htm Thu, 30 Oct 2008 16:37:45 EDT Among the earnings stories for Thursday, Oct. 30, from AP Financial News: NEW YORK (AP)--Avon Products Inc. said Thursday third-quarter profit rose 60 percent, boosted by strong foreign sales, demand for new products and a tax benefit. http://www.ibtimes.com/articles/20081030/earnings-roundup-avon-cigna.htm Thu, 30 Oct 2008 10:36:39 EDT Among the earnings projection stories for Thursday, Oct. 30, from AP Financial News: MEVILLE, N.Y. (AP)--Gentiva Health Services Inc., a home health services company, raised its 2008 profit estimate Thursday and forecast a greater-than-expected profit in 2009. http://www.ibtimes.com/articles/20081030/outlook-roundup-gentiva-health-penske.htm Thu, 30 Oct 2008 10:32:35 EDT TRW Automotive Holdings Corp. on Thursday issued a full-year guidance well below Wall Street predictions and warned that 2009 could be a tough year as well, blaming the continued decline in North American and European automotive production. http://www.ibtimes.com/articles/20081030/trw-expects-tough-end-to-2008.htm Thu, 30 Oct 2008 08:14:11 EDT TRW Automotive Holdings Corp., which makes automobile safety systems, said Thursday it swung to a third-quarter loss as sales of its core products slumped because of a steep drop in light vehicle production. http://www.ibtimes.com/articles/20081030/trw-swings-to-big-3q-loss-on-drop-in-demand.htm Thu, 30 Oct 2008 07:49:17 EDT Steep drops in vehicle production both at home and abroad, along with the ongoing turmoil in the financial markets, are expected to push many auto suppliers to third-quarter losses and prompt more jobs cuts and plant closings as the companies struggle to survive. http://www.ibtimes.com/articles/20081029/auto-suppliers-expected-to-post-rough-3q-results.htm Wed, 29 Oct 2008 17:20:21 EDT Among the stock activity stories for Tuesday, Oct. 7, from AP Financial News: NEW YORK (AP)--Shares of TRW Automotive Holdings Inc. tumbled to a new year low Tuesday after the automotive supplier pulled its 2008 guidance and said it now expects to post a third-quarter loss. http://www.ibtimes.com/articles/20081007/movers-roundup-trw-auto-landrys-restaurants.htm Tue, 07 Oct 2008 14:48:12 EDT Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20081007/bank-of-america-pfizer-safeway-among-big-movers.htm Tue, 07 Oct 2008 16:15:26 EDT Standard & Poor's Ratings Services and Moody's Investors Service on Tuesday placed their ratings for TRW Automotive Holdings Inc. under review for possible downgrade, citing a rapidly weakening European automotive production outlook. http://www.ibtimes.com/articles/20081007/s-p-puts-trw-automotive-ratings-under-review.htm Tue, 07 Oct 2008 17:24:10 EDT Shares of TRW Automotive Holdings Inc. tumbled to a new year low Tuesday after the automotive supplier pulled its 2008 guidance and said it now expects to post a third-quarter loss. http://www.ibtimes.com/articles/20081007/trw-shares-hit-low-after-company-pulls-guidance.htm Tue, 07 Oct 2008 20:08:24 EDT Among the earnings projection stories for Tuesday, Oct. 7, from AP Financial News: WESTFORD, Mass. (AP)--Sonus Networks Inc., a networking hardware and software maker, said Tuesday that it expects to post significant drops in third-quarter and full-year revenue, citing a tough economic environment. http://www.ibtimes.com/articles/20081007/outlook-roundup-sonus-networks-f5-networks.htm Tue, 07 Oct 2008 10:21:51 EDT TRW Automotive Holdings Corp. on Tuesday withdrew its 2008 guidance and said it now expects to post a third-quarter loss, blaming lower-than-expected vehicle production in both the United States and Europe. http://www.ibtimes.com/articles/20081007/trw-automotive-withdraws-guidance-citing-low-sales.htm Tue, 07 Oct 2008 08:05:13 EDT An analyst cut his earnings estimates on several auto parts suppliers on Thursday, citing weakening demand in Europe. Deutsche Bank's Rod Lache said he expects auto demand in Western Europe to decline 6 percent in 2009 on top of a 6-percent drop already forecast for 2008. This slower demand is likely to be compounded by a weakening euro, he said. http://www.ibtimes.com/articles/20080911/ahead-of-the-bell-analyst-cuts-auto-parts-outlook.htm Thu, 11 Sep 2008 09:20:02 EDT