NEW YORK, March 2, 2017 /PRNewswire/ --
This morning's focus is on the Auto Parts segment which operates physical retail establishments that sell and/or distribute
both new and used automobile parts, supplies, batteries, and lubricants. According to Global Insight, China is the world's largest consumer of auto parts, followed by US, Japan,
and Germany. Pre-market, Stock-Callers.com presents these four stocks for assessment: Meritor
Inc. (NYSE: MTOR), Lear Corp. (NYSE: LEA), Autoliv Inc. (NYSE: ALV), and Westport Fuel Systems Inc. (NASDAQ: WPRT). Learn more
about these stocks by downloading their free report at:
http://stock-callers.com/registration
Meritor
Shares in Troy, Michigan headquartered Meritor Inc. rose 3.61%, ending Wednesday's trading
session at $16.94. The stock recorded a trading volume of 1.02 million shares. The Company's shares
have gained 16.91% in the last one month, 33.49% over the previous three months, and 36.39% on an YTD basis. The stock is trading
18.07% and 52.39% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Meritor, which designs,
develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to
original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors
worldwide, have a Relative Strength Index (RSI) of 69.77.
On February 21 st, 2017, research firm KeyBanc Capital Markets upgraded the Company's
stock rating from 'Sector Weight' to 'Overweight'.
On February 27 th, 2017, Meritor announced that EX+L air disc brakes will be
available on International® LT Series tractors. The Company stated that the EX+L delivers exceptional braking power that meets
federal FMVSS 121 reduced stopping distance regulations, according to Reed. The free research report on MTOR is available at:
http://stock-callers.com/registration/?symbol=MTOR
Lear
Southfield, Michigan headquartered Lear Corp.'s stock climbed 1.18%, closing the day at
$143.66. A total volume of 699,435 shares was traded, which was above their three months average
volume of 619,950 shares. The Company's shares have advanced 1.91% in the last month, 11.89% over the previous three months, and
8.53% since the start of this year. The stock is trading 2.69% above its 50-day moving average and 17.19% above its 200-day
moving average. Additionally, shares of Lear, which designs, develops, engineers, manufactures, assembles, and supplies
automotive seating, electrical distribution systems, and related components primarily to automotive original equipment
manufacturers worldwide, have an RSI of 57.58.
On February 13 th, 2017, Lear announced that its Board of Directors has authorized an
increase in its share repurchase authorization to $1 billion and extended the authorization period
until December 31 st, 2019. In addition, the Board increased by 67% the quarterly cash
dividend on the Company's common stock from $0.30 per share to $0.50
per share. The next dividend is payable on March 23 rd, 2017 to shareholders of
record at the close of business on March 03 rd, 2017.
On February 21 st, 2017, research firm Morgan Stanley downgraded the Company's stock
rating from 'Overweight' to 'Equal-Weight'. The complimentary report on LEA can be downloaded at:
http://stock-callers.com/registration/?symbol=LEA
Autoliv
On Wednesday, shares in Stockholm, Sweden headquartered Autoliv Inc. recorded a trading
volume of 391,649 shares. The stock ended the day 0.43% higher at $105.15. The Company's shares
have gained 2.73% in the previous three months, and are trading below their 200-day moving average by 2.08%. Furthermore, shares
of Autoliv, which through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive
industry worldwide, has an RSI of 40.55.
On February 09 th, 2017, research firm KeyBanc Capital Markets upgraded the Company's
stock rating from 'Sector Weight' to 'Overweight'.
As per a SEC filing dated February 21 st, 2017, Autoliv stated that in accordance
with the Company's Corporate Governance Guidelines, George Lorch, a member of the its Board of
Directors, having reached the mandatory retirement age, will not stand for re-election to the Board at the Company's 2017 Annual
Meeting of Stockholders, scheduled for May 09 th, 2017. On February 20 th, 2017, the Company announced that the Board declared a quarterly dividend of
$0.60 per share for Q2 2017, payable on June 01 st, 2017
to stockholders of record on the close of business on May 17 th, 2017. Visit us today
and download our complete research report on ALV for free at:
http://stock-callers.com/registration/?symbol=ALV
Westport Fuel Systems
Vancouver, Canada headquartered Westport Fuel Systems Inc.'s stock dropped 1.90%, finishing
yesterday's session at $1.03. A total volume of 703,258 shares was traded, which was higher than
their three months average volume of 476,720 shares. The Company's shares are trading below their 50-day moving average by
13.82%. Additionally, shares of Westport Fuel Systems, which provides low-emission engine and fuel system technologies utilizing
gaseous fuels, have an RSI of 30.49.
On February 07 th, 2017, Westport AB, a Westport Fuel Systems Company, announced that
Volvo Car will expand the Bi-Fuel version of its new V90 station wagon in Belgium and
Luxembourg, and deliveries are scheduled for May 2017. Get free
access to your technical report on WPRT at:
http://stock-callers.com/registration/?symbol=WPRT
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment
newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments.
One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports
covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered
analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and
micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES :
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a
third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on
analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document
templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is
believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed
any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently
reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or
interfere in the application of such procedures by the third-party research service company to the articles, documents or
reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or
the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this
document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss
arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.
Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing
of the information, or (2) warrant any results from use of the information. The included information is subject to change without
notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities
mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers
in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with
any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re
a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between
09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA