Correction: Lear Bankruptcy story
Correction: Lear Bankruptcy story SOUTHFIELD, Michigan — In a Nov. 9 story about Lear Corp. emerging from bankruptcy protection, The Associated Press erroneously reported that third-quarter results would be released on Nov. 11. Those results were released on Nov. 9. Car seat supplier Lear sees ‘09 sales falling to $9.5 billion from $13.59 billion in 2008
Auto parts supplier Lear issues 2009 sales outlook Auto supplier Lear exits bankruptcy with less debt, new business despite autos downturn
Auto supplier Lear exits bankruptcy SOUTHFIELD, Mich. — Auto parts maker Lear Corp. emerged Monday from four months in bankruptcy protection, saying it has a healthier balance sheet, less debt and a backlog of new business. Judge approves Lear plan to exit Chapter 11, company could exit Monday
Lear gets court approval for bankruptcy plan Muslim woman sues Mich. judge for making her remove headscarf in court, citing 1st AmendmentSOUTHFIELD, Mich. — A Muslim woman on Wednesday sued a Michigan judge for telling her to remove her headscarf in his courtroom, claiming he violated her First Amendment right to practice her religion. First Mercury approves 2.5 cent quarterly dividend, authorization to buy back 6 pct of sharesSOUTHFIELD, Mich. — First Mercury Financial Corp. on Wednesday said its board declared a regular quarterly cash dividend of 2.5 cents per share. Lear preparing for Chapter 11 bankruptcy filing, has creditor support for restructuringNEW YORK — Automotive parts supplier Lear Corp. said Wednesday it is preparing to file for Chapter 11 bankruptcy protection and has lined up financing to fund its operations while under court protection. Brothers want to launch daily newspaper in Detroit as dominant players scale backSOUTHFIELD, Mich. — Two veteran publishers announced plans Tuesday to launch a newspaper to fill a void left when the city’s two major dailies reduced home delivery earlier this year. |