NEW YORK, June 17, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting Johnson Controls Inc. (NYSE: JCI), AutoZone Inc. (NYSE: AZO), Icahn Enterprises, L.P. (NASDAQ: IEP), Delphi Automotive PLC (NYSE: DLPH) and Lear Corp. (NYSE: LEA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Johnson Controls Inc. Research Report
On May 28, 2013, Johnson Controls Inc. (Johnson Controls) announced that it has acquired 100% ownership of Tata Johnson Controls (TJC). The former 50%-50% joint venture between Tata Automotive Components (TACO) and Johnson Controls, is a leading supplier of automotive seat systems and components in India, serving most of the major original equipment manufacturers (OEMs). "India is an emerging market and part of Johnson Controls' global strategy for sustainable growth," said Paul Chawla, President and CEO, Johnson Controls Automotive Experience India. "We are strongly committed to continuing to invest in our Indian business. We enjoyed our partnership with Tata AutoComp, and thank them for their support in making TJC a leading seating systems company in India. We are looking forward to building on the successes of the partnership." Johnson Controls reported that it will leverage its automotive seating, electronics and interiors businesses for its India operations. The purchase price of the transaction was undisclosed. The Full Research Report on Johnson Controls Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/38ff_JCI]
AutoZone Inc. Research Report
On June 12, 2013, AutoZone Inc. (AutoZone) announced that its Board of Directors has authorized the repurchase of an additional $750 million of the Company's common stock in connection with its ongoing share repurchase program. The Company stated that since the inception of the repurchase program in 1998, AutoZone's Board of Directors has authorized $13.4 billion for share repurchases (including the $750 million mentioned above). "AutoZone's continued strong financial performance allows us to repurchase our stock while maintaining our investment grade credit ratings," said Bill Giles, Executive Vice President, Chief Financial Officer, Information Technology and ALLDATA. Further, Autozone announced that Harry Goldsmith, EVP General Counsel & Secretary, will be retiring from the Company in January 2014. "I would like to thank Harry for his many contributions to our organization over the last twenty years. While he will be missed, we wish him well on his retirement and all his future endeavors," said Bill Rhodes, Chairman, President and Chief Executive Officer of Autozone. The Full Research Report on AutoZone Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/1f0d_AZO]
Icahn Enterprises, L.P. Research Report
On June 12, 2013, Icahn Enterprises, L.P. (Icahn Enterprises) announced that its registered public offering of 1.6 million depositary units representing limited partner interests in Icahn Enterprises, has been priced for total gross proceeds of approximately $120.9 million. The underwriters have offered the depositary units at prevailing market prices or otherwise from time to time through The NASDAQ Global Select Market, in the over-the-counter-market, through negotiated transactions or otherwise. The Company expects the offering to close on June 17, 2013. Icahn Enterprises intends to use the proceeds from the offering solely to effect the recapitalization of Federal-Mogul, which may include the purchase of Icahn Enterprises' pro rata share of the common stock to be issued by Federal-Mogul pursuant to its rights offering launched on June 7, 2013, if consummated, or any other use of capital that results in the proceeds of the offering being used to recapitalize Federal-Mogul. The Full Research Report on Icahn Enterprises, L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/37f8_IEP]
Delphi Automotive PLC Research Report
On June 12, 2013, Delphi Automotive PLC (Delphi Automotive) announced that it was named 'Supplier of the Year' by an independent jury of 14 international automotive journalists who placed the company among the world's top designers and innovators in the automotive interiors arena, during the second Automotive Interior Expo Awards held on June 4, 2013 in Stuttgart, Germany. The Company stated that the 'Supplier of the Year' award recognizes Delphi's significant achievements over the past 12 months, including the development of breakthrough automotive interior technologies and key customer interior contract wins. "The Automotive Interiors Expo Awards recognize the world's leading innovators in the automotive supply space," said Jeffrey Owens, Delphi chief technology officer. "This independent industry recognition underscores Delphi's ability to produce technologically-advanced, market-relevant products and solutions for our customers' needs in the areas that matter most to them." The Full Research Report on Delphi Automotive PLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/843c_DLPH]
Lear Corp. Research Report
On May 16, 2013 Lear Corp. (Lear), a global supplier of automotive seating and electrical distribution systems, announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share on the Company's common stock. The dividend is payable on June 26, 2013 to shareholders of record at the close of business on June 7, 2013. The Full Research Report on Lear Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ff10_LEA]
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SOURCE Wall Street Reports