Tag: Auto Parts

Judge rejects First Brands’ plan to pay down debts by pursuing lawsuits

A U.S. bankruptcy judge on Monday rejected auto parts maker First Brands’ proposal to pay back creditors by pursuing litigation against insiders, instead converting the case ​to a more straightforward Chapter 7 liquidation.

Aptiv Reports Solid Earnings. Here’s What’s Hurting the Stock.

Shares of automotive safety and electronics provider Aptiv (APTV) fell early Monday after offering solid quarterly earnings and guidance.