Superior Industries International (NYSE: SUP) reported net income of $5.0 million, or $0.18 per diluted share, for the second quarter of 2014, compared with net income of $6.3 million, or $0.23 per diluted share, for the second quarter of 2013.
Ford Motor (NYSE: F) reported a 2014 second quarter results that beat on both the top and bottom lines; the quarter was highlighted by a surprise profit in Europe and its best-ever quarter in North America.
General Motors’ (NYSE: GM) CEO Mary Barra said today that GM has received the findings of an investigation by former U.S. Attorney Anton Valukas into the Cobalt ignition switch recall and plans to act on all of its recommendations.
While a bankruptcy certainly does not have to be the final chapter for NII Holdings, it will take a substantial restructuring of the capital structure for this Company to emerge from Chapter 11 as a viable standalone entity.
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