Federal-Mogul

Federal-Mogul expands powertrain division

11:56 am U.S. ET | June 3, 2015

Federal-Mogul Holdings, the supplier controlled by Wall Street investor Carl Icahn, is moving 140 employees from three operations in Ohio and Michigan to the Detroit suburb of Plymouth Township as part of an expansion of its powertrain division....
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Federal-Mogul to launch national tech training program

10:08 am U.S. ET | April 3, 2015

Federal-Mogul, the powertrain and aftermarket parts supplier controlled by billionaire investor Carl Icahn, is launching a national automotive technician training program....
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Federal-Mogul delays split into two public companies

9:58 am U.S. ET | Feb. 26, 2015

Federal-Mogul, the powertrain and aftermarket parts supplier controlled by Wall Street investment mogul Carl Icahn, said this week it will delay a prior plan to split into two separate public companies during the first half of this year....
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Federal-Mogul posts Q3 loss on restructuring costs; revenue up 11%

8:38 am U.S. ET | Oct. 22, 2014

Federal-Mogul reported a third-quarter net loss Wednesday because of restructuring and relocation costs....
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Ex-Fiat exec Soave named to marketing post at Federal-Mogul Motorparts

2:22 pm U.S. ET | Oct. 16, 2014

Laura Soave, the ex-Fiat brand chief in the United States who left after the flawed launch of the Fiat 500, has been named chief marketing and communication officer of Federal-Mogul Motorparts....
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Federal-Mogul opens $15 million piston ring plant in Mexico

3:34 pm U.S. ET | Oct. 9, 2014

Federal-Mogul Holdings Corp. today opened a new piston ring manufacturing plant in Puebla, Mexico....
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Visteon board considers splitting company in two, reports say

11:35 am U.S. ET | Sept. 10, 2014

Visteon is exploring a plan to split into two companies, one focused on electronics and the other on climate controls, people familiar with the matter said....
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Federal-Mogul agrees to buy TRW engine valve unit for $385 million

9:23 am U.S. ET | Sept. 10, 2014

Federal-Mogul said today it agreed to acquire the engine valve business from TRW Automotive Holdings for $385 million in cash. TRW's engine valve unit generated revenue of $610 million last year and employs 5,400 people in 12 countries....
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Icahn-controlled Federal-Mogul to split into two public companies

9:11 am U.S. ET | Sept. 3, 2014

Carl Icahn-controlled auto supplier Federal-Mogul Holdings said today it plans to split its two business units into two publicly-traded companies....
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Federal-Mogul posts $5 million net loss in Q2 as revenue rises

3:34 pm U.S. ET | July 23, 2014

Auto supplier Federal-Mogul today reported a $5 million net loss after factoring in one-time charges, along with a $128 million revenue gain for the second quarter. The company, controlled by longtime Wall Street investor Carl Icahn, had one-time restructuring and impairment charges of $32 million and posted a $3 million loss from continuing operations....
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