Federal-Mogul's rivals await opportunities

Sherefkin, Robert
October 2001
Automotive News;10/15/2001, Vol. 76 Issue 5953, p18
Trade Publication
Reports the effects of filing for bankruptcy by Federal-Mogul Corporation in Detroit, Michigan. Plans of taking market position by Chicago Rawhide; Chances of Federal-Mogul on finance after court decision; Internal problems preventing revival of company.


Related Articles

  • Federal-Mogul takes brakes off growth: New tech center signals renewed development. Zielasko, Dave // Tire Business;10/28/2002, Vol. 20 Issue 15, p6 

    Focuses on the investments made by Federal-Mogul Corp. for its global operations despite of filing for the Chapter 11 bankruptcy protection as a result of liabilities from asbestos lawsuits in the U.S. Comparison of earnings posted by the company between the second quarter of 2002 and the same...

  • Corporate Commandos. Sherefkin, Robert // Crain's Detroit Business;11/26/2001, Vol. 17 Issue 49, p1 

    Reports the filing application for Chapter 11 bankruptcy protection of Federal-Mogul Corp. in Southfield, Michigan. Need for the expertise of Kimberly Rodriguez, a turn-around specialist; Downturn of the auto industry; Efforts of parts-maker in meeting pricing pressure from auto-makers.

  • Fed-Mogul debt gets downgraded second time. Sherefkin, Robert // Crain's Detroit Business;7/08/96, Vol. 12 Issue 28, p28 

    Reports on Federal-Mogul Corp.'s downgrading of its debt in Detroit, Michigan. Reasons for the downgrading; Comments from company officials; Financial performance.

  • Fed-Mogul may face $64M write-off. Sherefkin, Robert // Crain's Detroit Business;10/28/96, Vol. 12 Issue 44, p34 

    Reports that an analysis of Federal-Mogul Corporation's finances, after the resignation of Chief Executive Officer Dennis Gormley, revealed a possible 64 million dollar after-tax write off by the end of 1996. Description of financial charges which the company encountered; Disclosure of the...

  • M&A help wanted.  // Crain's Detroit Business;08/10/98, Vol. 14 Issue 32, p31 

    Reports on the financial profit the Federal-Mogul Corp. made in early 1998. Amount of money the company's finances doubled; Goal of the company; Reference to the company requesting an associate general counsel for mergers and acquisitions; Comments from Richard Snell, chairman and chief...

  • Fed-Mogul reverses trend; earnings up. Sherefkin, Robert // Crain's Detroit Business;7/22/96, Vol. 12 Issue 30, p4 

    Reports on the reversal of Federal-Mogul's 18-month streak of lower year-over-year quarterly earnings per share. Decreased inventory and lower operating costs; Reasons for the downgrading of the firm's ratings; Progress in debt repayments.

  • Federal revs its engine.  // High Yield Report;06/22/98, Vol. 9 Issue 25, p6 

    Reports on the $1 billion offering by auto parts company Federal Mogul Corporation. Significance of the offering; Lead manager of the deal; Information on the credit quality of the deal.

  • Federal-Mogul stops fighting its customers. Sherefkin, Robert // Automotive News;5/12/1997, Vol. 71 Issue 5712, p20B 

    Focuses on Federal-Mogul Corp. chairman Richard Snell's corporate strategy. Aim to reduce the conflict between the company and its customers; Higher first-quarter 1997 results and progress on divesting unprofitable assets; Debt offering of $125 million to reduce short-term debt; Company's 1996...

  • Fed-Mogul cuts earnings. Mead, Chris // Crain's Detroit Business;12/18/95, Vol. 11 Issue 51, p21 

    Reports on Federal-Mogul Corp.'s strategy to boost its lagging stock price. Plans to take a 99-cent-a-share charge against earnings and sell some of its plants; 50-50 joint venture with Shanghai Automotive Industry Corp.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics