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Lear Corp (LEA.N)

LEA.N on New York Stock Exchange

191.18USD
19 Jan 2018
Change (% chg)

$0.21 (+0.11%)
Prev Close
$190.97
Open
$191.92
Day's High
$192.20
Day's Low
$189.83
Volume
105,800
Avg. Vol
155,247
52-wk High
$193.12
52-wk Low
$132.06

Latest Key Developments (Source: Significant Developments)

Lear To Acquire Exo Technologies
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Lear Corp ::LEAR TO ACQUIRE EXO TECHNOLOGIES, A DEVELOPER OF GPS TECHNOLOGY FOR AUTONOMOUS AND CONNECTED VEHICLE APPLICATIONS.LEAR CORP - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED..  Full Article

CEO Matt Simoncini to retire on February 28, 2018​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Lear Corp -:Lear president and CEO Matt Simoncini announces retirement date.Lear Corp - ‍Matt Simoncini has elected to retire as president, CEO and a director of Lear Corporation effective February 28, 2018​.Lear - ‍upon Simoncini's retirement, Ray Scott will be appointed president and chief executive officer as well as member of Lear's board of directors​.  Full Article

Norges Bank reports a 5.11 percent passive stake in Lear Corp as of Oct 26
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Norges Bank :Norges Bank reports a 5.11 percent passive stake in Lear Corp as of October 26, 2017 - SEC filing‍​.  Full Article

Lear says Q3 adjusted earnings per share $3.96
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Lear Corp -:Lear reports record third quarter 2017 results and increases full year financial outlook.Q3 sales $5.0 billion versus I/B/E/S view $4.84 billion.Q3 adjusted earnings per share $3.96.Sees FY 2017 sales about $20.4 billion.Q3 earnings per share view $3.74 -- Thomson Reuters I/B/E/S.Lear Corp - ‍free cash flow is expected to be approximately $1,150 million in 2017​.Lear Corp - ‍core operating earnings are expected to be about $1,700 million​ in 2017.FY2017 earnings per share view $16.60, revenue view $20.07 billion -- Thomson Reuters I/B/E/S.Lear Corp - ‍net cash provided by operating activities is estimated to be $1,735 million​ in 2017.Lear Corp - sees ‍capital expenditures of $585 million and depreciation and amortization expense to be about $420 million for FY 2017​.  Full Article

Unifor says members at Lear Corp in Whitby ratified new collective agreement on May 7
Tuesday, 9 May 2017 

May 9 (Reuters) - Unifor::Unifor members at Lear Corporation in Whitby ratified a new collective agreement on May 7.Ratification of new collective agreement secures assembly of GM Oshawa K2XX truck seats starting January 2018.  Full Article

Lear qtrly adjusted earnings per share $3.66
Thursday, 28 Jul 2016 

Lear Corp : Lear corp qtrly adjusted earnings per share $3.66 . Lear corp sees sales in 2016 are expected to be in range of $18.5 billion to $18.8 billion . Lear corp sees fy core operating earnings are expected to be in range of $1.45 billion to $1.50 billion . Fy2016 revenue view $18.88 billion -- Thomson Reuters I/B/E/S . Lear reports record second quarter 2016 results and increases full year outlook . Q2 earnings per share $3.82 . Sees fy 2016 sales $18.5 billion to $18.8 billion .Q2 earnings per share view $3.32 -- Thomson Reuters I/B/E/S.  Full Article

Qualcomm, Lear sign commercial wireless electric vehicle charging license agreement
Wednesday, 27 Jul 2016 

Qualcomm Inc , Lear Corp : Lear will be including Qualcomm Halo WEVC technology in its product portfolio . Qualcomm and Lear Corp sign commercial wireless electric vehicle charging license agreement .Has granted Lear a royalty bearing license to develop, make and supply WEVC systems based on Qualcomm Halo technology.  Full Article

Lear Corp increases share repurchase authorization to $1 billion and increases cash dividend by 20%
Friday, 12 Feb 2016 

Lear Corp:Board of Directors has authorized an increase in the Company's share repurchase authorization to $1 billion while maintaining the authorization period until December 31, 2017.In addition, the Board increased by 20% the quarterly cash dividend on the Company's common stock from $0.25 per share to $0.30 per share.Dividend is payable on March 23 to shareholders of record date as on March 2.  Full Article

BRIEF-Lear To Acquire Exo Technologies

* LEAR TO ACQUIRE EXO TECHNOLOGIES, A DEVELOPER OF GPS TECHNOLOGY FOR AUTONOMOUS AND CONNECTED VEHICLE APPLICATIONS