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Created: 05/10/2009 06:40:21 AM - Followers: 8 - Board type: Free - Posts Today: 0

Lear Corporation (Lear) is a global tier I supplier of automotive seat systems, electrical distribution systems and electronic products with a global footprint that includes locations in 36 countries worldwide. The Company business is focused on providing complete seat systems and the components thereof, as well as electrical distribution systems and electronic products, and the Company supply every automotive manufacturer in the world. In 2008, the Company sales were comprised of vehicle categories: 65% cars, including 28% mid-size, 22% compact, 13% luxury/sport and 2% full-size, and 35% light truck, including 21% sport utility/crossover and 14% pickup and other light truck. The Company conducts its business in two product operating segments: seating and electrical and electronic. In April 2009, The Furukawa Electric Co., Ltd. acquired interests in Lear Furukawa Corp. from Lear Corporation. As of April 22, 2009, The Furukawa Electric Co., Ltd. owned 80% interest in Lear Furukawa Corp.

 Company Overview

 Lear was founded in 1917 in Detroit as American Metal Products, a manufacturer of tubular, welded and stamped assemblies for the automotive and aircraft industries. Lear has grown to meet the changing needs of the industry with 18 major acquisitions since 1994, when Lear went public.

Today, the company provides complete seat systems, electronic products and electrical distribution systems. With annual net sales of $13.6 billion in 2008, Lear ranked #157 in 2008 among the Fortune 500. The company's world-class products are designed, engineered and manufactured by a diverse team of 80,000 employees at 210 facilities in 36 countries. Lear's headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol [LEA].

The success of Lear is a result of our dedication to provide the best possible service to the world's automakers - which includes understanding their customers, the automotive consumer - by delivering increased value through the latest vehicle interior technologies and the continuous improvement of our processes and product quality. All of this is reflected in Lear's exclusive People-Vehicle-Interface Methodology. By utilizing the PVI Method, Lear employs an innovation development discipline that turns market opportunities into the products that consumers want and customers need in their vehicles.

Short Interest (Shares Short) 5,488,800
Days To Cover (Short Interest Ratio)

0.5

Short Percent of Float 7.20 %
Short Interest - Prior 3,062,200
Short % Increase / Decrease 79.24 %
Short Squeeze Ranking™ -3

Short interest has increased here.Updated May 28th 2009

May 23, 2009 (Wall Street Horizon via COMTEX) -- LEA | Quote | http://charts.powerratings.net/prcharts/?src=prchartl&sym=LEA");" rel="nofollow">Chart | News | PowerRating -- e>Lear Corp. (LEA)

     
  Expected next earnings release: Announcement date: 7/29/2009 - Before Market Earnings Quarter: Q2 Announcement Status: Unconfirmed  

NEWS

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http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/05-13-2009/0005025598&EDATE=

 

http://www.wwj.com/These-Lear-Seats-Were-Something-Else-Before/4470780
 

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#939 News: $LEA Lear to Present at J.P. Morgan's whytestocks 12/16/2019 08:30:34 PM
#938 News: $LEA Lear Corporation Appoints Mei-Wei Cheng to whytestocks 01/24/2019 06:01:28 PM
#937 RBC downgraded Lear $ LEA to Sector perform. WHy? ValueInvestor15 10/14/2016 09:50:15 AM
#936 I suppose, it's not even listen on TDameritrade Sculelos 11/14/2009 10:19:25 AM
#935 "It has not been issued yet, until then Atlanta1 11/14/2009 10:16:30 AM
#934 It has not been issued yet, until then Sculelos 11/14/2009 10:04:33 AM
#933 Here is a link to CNN. DAD2 11/11/2009 02:12:30 PM
#932 there is no such a symbol name ( twr1183 11/11/2009 01:05:45 PM
#931 New Ticker Stats for today DAD2 11/10/2009 09:35:29 PM
#930 Yes, but i only found it when i DAD2 11/10/2009 06:47:00 PM
#929 lea is that the new name ??? twr1183 11/10/2009 08:39:28 AM
#928 NEW shares trading info. DAD2 11/10/2009 07:53:22 AM
#927 The new stock was trading today around $52. Atlanta1 11/09/2009 10:00:51 PM
#926 Now that the OLD/NEW stock is closed, here DAD2 11/09/2009 07:36:02 PM
#925 your shares were cancelled and are worthless. you Atlanta1 11/09/2009 04:38:33 PM
#924 i ask the same q ,,, he said twr1183 11/09/2009 04:28:57 PM
#923 hi atlanta, i have a question. i bought peace2all 11/09/2009 04:21:53 PM
#922 By Shawn Langlois, MarketWatch I am a cretin 11/09/2009 04:17:08 PM
#921 He bought after the bankruptcy was filed, but Atlanta1 11/09/2009 03:55:47 PM
#920 if any company but a (q) after the twr1183 11/09/2009 03:48:53 PM
#919 no - the shares you bought were issued Atlanta1 11/09/2009 03:41:01 PM
#918 you mean learq.pk after the bankruptcy ,,, so twr1183 11/09/2009 03:34:57 PM
#917 yes Atlanta1 11/09/2009 03:30:33 PM
#916 i didnt under stand this ??? twr1183 11/09/2009 03:29:37 PM
#915 Yup, as of 10.20 AM mkinhaw 11/09/2009 01:29:15 PM
#914 I hope you got out - it looks Atlanta1 11/09/2009 10:23:19 AM
#913 i am traying to sell my broker in twr1183 11/09/2009 09:36:15 AM
#912 looks like you'll get a chance to get Atlanta1 11/09/2009 09:28:40 AM
#911 This maybe a dumb question but how can ammobldr 11/09/2009 09:25:51 AM
#910 i did not sleep in weekend ,,, no twr1183 11/09/2009 09:25:21 AM
#909 looks like some short covering on the open Atlanta1 11/09/2009 09:23:16 AM
#908 current bid is .015 Atlanta1 11/09/2009 09:17:38 AM
#907 You might be able to sell for .01 DAD2 11/09/2009 09:00:47 AM
#906 you are in denial. I'm truly sorry that Atlanta1 11/08/2009 03:01:35 PM
#905 they did not say any thing about the twr1183 11/08/2009 02:52:08 PM
#904 you don't own the new stock - you Atlanta1 11/08/2009 02:44:06 PM
#903 Lear Corp. plans to emerge from bankruptcy protection twr1183 11/08/2009 02:05:56 PM
#902 oha joe_trader 11/08/2009 01:29:34 PM
#901 news joe_trader 11/08/2009 01:15:10 PM
#900 Now the million dollar question. DAD2 11/08/2009 06:07:00 AM
#899 you are sure that we trading monday the joe_trader 11/07/2009 11:15:00 PM
#898 Judge Allan Gropper approved the company's plan at twr1183 11/07/2009 02:21:15 PM
#897 You really need to look at the DAD2 11/06/2009 10:19:30 PM
#896 You threw your money away mkinhaw 11/06/2009 09:42:09 PM
#895 it is over for lear corp / old shares joe_trader 11/06/2009 04:27:30 PM
#894 im in @ 0.035 i think its a twr1183 11/06/2009 04:11:01 PM
#893 I just reviewed the court document, the reorg RonnieD 11/06/2009 10:21:31 AM
#892 Why so much trading if stock is worthless mooose 11/06/2009 09:48:12 AM
#891 Looks like the shares are really worth zero??? DAD2 11/06/2009 07:56:32 AM
#890 i really like the prospects for Visteon -VSTN- RonnieD 10/16/2009 10:11:16 AM
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