Latest Superior Industries International (SUP) Hea
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Automobile Wheels Procurement Category Market Research Report Now Available from IBISWorld
PRWeb - Wed Mar 12, 4:11AM CDT
IBISWorld calculates an overall buyer power score of 3.2 out of 5 for the automobile wheels market. This score indicates that buyers possess a range of negotiating options with wheel suppliers, but there are also some market characteristics that place restrictions on buyer power. "Buyers have a variety of suppliers to choose from, ranging from large international manufacturers to local retailers," says IBISWorld procurement analyst Scott Winters. However, of the 3,610 suppliers currently operating, only a few are large multinational corporations; most are small retailers and wholesale businesses. The competition among suppliers is intense, putting significant downward pressure on prices. Buyers may benefit from these low prices, but low profit margins among suppliers leaves little room for further negotiation. Major vendors include Accuride Corporation, Superior Industries International Inc., Iochpe-Maxion and American Racing.
Superior Industries' Q4 Earnings Surge - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 10, 8:00AM CDT
Superior Industries' earnings per share surged 130% year over year to 23 cents for the fourth quarter of 2013, in line with the Zacks Consensus Estimate.
Superior Industries Reports Full Year 2013 And Fourth Quarter Financial Results
Business Wire - Fri Mar 07, 7:00AM CST
Superior Industries International, Inc. (NYSE:SUP) today reported net income of $22.8 million, or $0.83 per diluted share, for 2013, compared with net income of $30.9 million, or $1.13 per diluted share, for 2012. The change in net income primarily reflects an increased tax provision, amounting to $14.0 million for 2013, versus a tax provision of $3.6 million for the prior year.
Superior Industries to Report 2013 Fourth Quarter, Full-Year Financial Results and Host Conference Call on Friday, March 7, 2014
GlobeNewswire - Tue Mar 04, 11:41AM CST
Superior Industries International, Inc. (NYSE:SUP) today announced that it plans to release financial results for the fiscal fourth quarter and full year ended December 29, 2013 before the market opens on Friday, March 7, 2014. Superior has scheduled a conference call that same day at 10 a.m. PT (1 p.m. ET) to review financial and operating results and answer questions.
Auto Industry Stock Outlook - Feb 2014 - Industry Outlook
Zacks Equity Research - Zacks Investment Research - Thu Feb 06, 4:25AM CST
Auto Industry Stock Outlook - Feb 2014 - Industry Outlook
Auto Industry Stock Outlook - Feb 2014 - Zacks Analyst Interviews
Zacks Equity Research - Zacks Investment Research - Thu Feb 06, 4:25AM CST
Auto Industry Stock Outlook - Feb 2014 - Zacks Analyst Interviews
SUP Raised to Strong Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 03, 9:30AM CST
On Jan 2, 2014, Zacks Investment Research upgraded Superior Industries to a Zacks Rank #1 (Strong Buy).
Global Automotive Aluminum Wheels Industry 2012-2016 with CiTiC Dicastal Wheel Manufacturing Co. Ltd. and Ronal Group Dominating
M2 - Thu Dec 19, 5:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/lhmf52/global_automotive) has announced the addition of the "Global Automotive Aluminum Wheels Industry 2012-2016" report to their offering. The analysts forecast the Global Automotive Aluminium Wheels industry to grow at a CAGR of 8.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The Global Automotive Aluminium Wheels industry has also been witnessing an increasing manufacturing of wheels in the APAC region. However, the availability of other lightweight wheel material could pose a challenge to the growth of this market. The key vendors dominating this space include Central Motor Wheel Co. Ltd., CiTiC Dicastal Wheel Manufacturing Co. Ltd., Ronal Group, and Superior Industries International Inc. The other vendors mentioned in the report are Accuride Corp., Alcoa Inc., BORBET GmbH, Enkei Wheels India Ltd., and United Wheels Group. Commenting on the report, an analyst from the Automotive team said: Many large global firms are nowadays outsourcing manufacturing activities to low-cost destinations in the APAC region to reduce manufacturing costs. In fact, many automotive manufacturers have started product development operations in developing countries to leverage the talented and low-cost labor available there. For instance, in 2011, several automotive companies in Western Europe and North America outsourced a large number of manufacturing operations to China. As a result, the Global Automotive Aluminium Wheels industry is growing at a faster pace in developing economies as compared to developed economies. According to the report, one of the main drivers in the market is the increase in automobile production and sales. The increasing demand for vehicles has led to an increase in the demand for tyres, which has further fostered the demand for automotive aluminium wheels. Further, the report states that one of the main challenges in the market is the availability of other light weight wheel materials such as micro alloyed HSLA steel. This is expected to have a negative impact on the usage of aluminium in automotive wheels. The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Accuride Corp. Alcoa Inc., and United Wheels Group. For more information visit http://www.researchandmarkets.com/research/lh...automotive About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Automotive Industry Veteran James S. McElya Joins Superior Industries Board of Directors
Business Wire - Mon Dec 09, 7:10AM CST
Superior Industries International, Inc. (NYSE:SUP) today announced the appointment of James S. McElya to its board of directors.
Superior Industries International Declares Quarterly Cash Dividend
Business Wire - Mon Dec 09, 7:05AM CST
Superior Industries International, Inc. (NYSE:SUP) today announced that its board of directors has declared a quarterly cash dividend of $0.18 per share, payable January 17, 2014, to shareholders of record as of January 3, 2014.
'Mad Money' Lightning Round: On the Fence About Ford
at The Street - Thu Dec 05, 5:00AM CST
Cramer says NXP Semiconductors is too hot while he prefers General Motors to Superior Industries.
Jim Cramer's 'Mad Money' Recap: Stocks vs. Bonds
at The Street - Wed Dec 04, 7:24PM CST
The Federal Reserve may be taking center stage right now, but that's about to change, Cramer says.
Superior Industries Q3 Earnings In Line, Rev Beats - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Nov 04, 10:20AM CST
Superior Industries International Inc.'s earnings per share was 19 cents in the third quarter of 2013
Superior Industries Reports Financial Results for 2013 Third Quarter
Business Wire - Fri Nov 01, 7:00AM CDT
Superior Industries International, Inc. (NYSE:SUP) today reported net income of $5.2 million, or $0.19 per diluted share, for the third quarter of 2013, compared with net income of $15.1 million, or $0.55 per diluted share, for the third quarter of 2012. The change in net income is primarily the result of an unfavorable $7.7 million, or $0.28 per diluted share, swing in income tax.
Superior Industries to Report 2013 Third Quarter Financial Results and Host Conference Call Friday, November 1, 2013
GlobeNewswire - Tue Oct 29, 7:00AM CDT
Superior Industries International, Inc. (NYSE:SUP) today announced that it plans to release financial results for the fiscal third quarter ended September 29, 2013 before the market opens on Friday, November 1, 2013. Superior has scheduled a conference call that same day at 10 a.m. PT (1 p.m. ET) to review financial and operating results and answer questions.
Heller: Washington Is Watching Out For the People
at The Street - Wed Oct 16, 8:08AM CDT
Superior Industries CEO to Retire
Rich Smith, The Motley Fool - Motley Fool - Tue Oct 15, 1:25PM CDT
Van Nuys, Calif.-based Superior Industries is losing its CEO. Monday, the automobile wheel manufacturer announced that Chairman and Chief Executive Officer Steven J. Borick intends to retire from the company on March 31. Afterward, he will...
Steven Borick to Retire as CEO and President of Superior Industries International
Business Wire - Mon Oct 14, 3:30PM CDT
Superior Industries International, Inc. (NYSE:SUP) today announced that Steven J. Borick will retire as chief executive officer and president, scheduled for March 31, 2014, and that the board has initiated a search for his successor.
Essential Reading for Tyre Companies: The Global Market Review of Automotive Wheels - Forecasts To 2028
M2 - Thu Oct 10, 12:07PM CDT
Research and Markets (http://www.researchandmarkets.com/research/bbvxsl/global_market) has announced the addition of the "Global Market Review Of Automotive Wheels - Forecasts To 2028" report to their offering. This global market study offers: - Automotive OE wheels market size estimates - Latest technologies and trends - Market share data tables - Exclusive interviews with major companies - Profiles of the major players including their strategies and prospects - Market size forecasts This latest report edition offers a global review of the OE wheels sector, its suppliers, top markets, technologies and market forecasts. You can use this report to: - Understand the scope and scale of the major markets - Get an overview of the global automotive wheels sector - Identify opportunities and threats - Prepare demand and supply forecasts - Review the latest technological drivers - Know the key trends within the sector and what's driving them - Get up to speed with latest company activities and prospects - Hear direct from major companies on strategies and plans - Carry out competitive analysis Companies Mentioned - Accuride Corporation - Alcoa, Inc - Borbet - Maxion Wheels (formerly Hayes Lemmerz International, Inc.) - Superior Industries International Inc. - Topy Industries Ltd. For more information visit http://www.researchandmarkets.com/research/bb...bal_market About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Superior Industries Hikes Dividend 12.5%
Rich Duprey, The Motley Fool - Motley Fool - Tue Aug 27, 9:17PM CDT
Auto parts supplier Superior Industries International announced yesterday its third-quarter dividend of $0.18 per share, a 12.5% increase from the payout it made to investors last quarter of $0.16 per share. The board of directors said the...