Exide Technologies (XIDEQ) 0.0590 $XIDEQ Court
Post# of 273239
Court Confirms Plan of Reorganization for Exide Technologies
GlobeNewswire - Fri Mar 27, 4:46PM CDT
Exide Technologies (OTCQB:XIDEQ) (www.exide.com) ("Exide" or the "Company" , a global leader in stored electrical-energy solutions, today announced that Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware entered an order confirming the Exide Plan of Reorganization (the "Plan" .
Exide Announces Sponsorship Deal In Moto2 World Championship
PRWeb - Mon Mar 16, 2:12AM CDT
Battery giant Exide Technologies (OTCQB: XIDEQ) will sponsor motorcycle team Technomag-Interwetten in this season's Moto2. The Swiss team's Dominique Aegerter won the German Grand Prix last year, and is among the hot favourites to win this year's championship.
Consumer Watchdog Calls for Defunding or Major Reform of Top Toxics Regulator in Wake of US Attorney Shutdown of Exide
PR Newswire - Thu Mar 12, 1:45PM CDT
Consumer Watchdog today asked Governor Jerry Brown and top lawmakers to defund the Department of Toxic Substances Control (DTSC) or reform it from top to bottom, in the wake of the US Attorney's criminal investigation and closure of Exide Technologies.
Exide Technologies to Close Vernon, California Facility
GlobeNewswire - Thu Mar 12, 12:14PM CDT
Exide Technologies (OTCQB:XIDEQ) (www.exide.com) ("Exide" or the "Company" , a global leader in stored electrical-energy solutions, today announced that the Company will immediately move to permanently close its lead-acid battery recycling facility in Vernon, California (the "Vernon Facility" under the terms of a non-prosecution agreement reached with the United States Attorney's Office for the Central District of California (the "USAO" that resolves the USAO's criminal investigation into Exide.
Global Automotive Battery Market Forecast and Opportunities, 2019 - Market is forecast to surpass USD 42.6 billion by 2019
M2 - Tue Mar 10, 7:39AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6mqqll/global_automotive) has announced the addition of the "Global Automotive Battery Market Forecast and Opportunities, 2019" report to their offering. The global automotive battery market is forecast to surpass USD 42.6 billion by 2019 In value terms, the passenger car battery market is the most dominant automotive battery segment, followed by commercial vehicle, two-wheeler, three-wheeler and OTR battery segments. Due to large fleet size and increasing penetration of passenger cars, predominantly in developing countries, the passenger car battery market is expected to continue its dominance in the global automotive battery market during the forecast period as well. Asia-Pacific is the most dominant region for the global automotive battery market. This market dominance can be attributed to the region's huge and expanding two-wheeler and passenger car fleet, especially in China, Japan and India. Global Automotive Battery Market Forecast & Opportunities, 2019 discusses following aspects related the global automotive battery market: - Expanding Automotive Market - Increasing Penetration of Electric Vehicles - New Technological Developments - Fluctuating Raw Material Prices - After Sales and Warranty Support Key Topics Covered: 1. Research Methodology 2. Analyst View 3. Market Segmentation and Product Categorization 4. Global Automotive Battery Market Outlook 5. Global Passenger Car Battery Market Outlook 6. Global Commercial Vehicle Battery Market Outlook 7. Global Two-Wheeler Battery Market Outlook 8. Global Three-Wheeler Battery Market Outlook 9. Global OTR Vehicle Battery Market Outlook 10. Europe Automobile Battery Market Outlook 11. North America Automobile Battery Market Outlook 12. South America Automobile Battery Market Outlook 13. Asia-Pacific Automobile Battery Market Outlook 14. Middle East/ Africa Automobile Battery Market Outlook 15. Pricing Analysis 16. Raw Material Analysis 17. Market Dynamics 18. Market Trends & Developments 19. Policy and Regulatory Landscape 20. Competitive Landscape 21. Strategic Recommendations Companies Mentioned - Johnson Controls, Inc. - GS Yuasa Corporation - Exide Technologies - East Penn Manufacturing Co., Inc. - Camel Group Co., Ltd. - Fengfan Co., Ltd. - FIAMM Group - EnerSys, Inc. - Robert Bosch GmbH - MK Battery International Limited - Amara Raja Batteries Ltd. - Su-Kam Power System Limited - Hitachi Limited - Huawei Corporation - Chaowei Power Holding Limited - Luminous Power Technologies (P) Limited - Zhejiang Haijiu Battery Co., Ltd. - Shandong Sacred Sun Power Sources Co., Ltd. - Okaya Power Ltd. - SANYO Electric Co., Ltd. For more information visit http://www.researchandmarkets.com/research/6m...automotive
JCI: 50.09 (-0.46)
Court Approves Disclosure Statement and Other Milestone Agreements for Exide Technologies
GlobeNewswire - Wed Feb 04, 9:19PM CST
Exide Technologies (OTCQB:XIDEQ) (www.exide.com) ("Exide" or the "Company" , a global leader in stored electrical-energy solutions, announced today that the U.S. Bankruptcy Court for the District of Delaware approved the adequacy of the Company's disclosure statement (the "Disclosure Statement" with respect to its Plan of Reorganization ("POR" . With the Court's authorization, Exide will promptly commence the process of soliciting approval of the POR. The hearing to confirm the POR is scheduled for March 27, 2015.
Exide enters into backstop agreement
Seeking Alpha - at Seeking Alpha - Thu Jan 08, 6:44AM CST
Exide Technologies Enters Into Backstop Agreement With Supporting Noteholders
GlobeNewswire - Wed Jan 07, 9:10PM CST
Company Continues Plan of Reorganization Confirmation Process
Global Automotive Battery Market 2014-2019: Market is estimated to be $5.1 billion in 2014, and is projected to grow to $7.7 billion by 2019 at a CAGR of 8.39%
M2 - Mon Dec 15, 6:28AM CST
Research and Markets (http://www.researchandmarkets.com/research/9w628s/automotive) has announced the addition of the "Automotive Battery Market by Transport Mode, Application and Region - Industry Trends & Forecast to 2019" report to their offering. The global automotive battery market size, in terms of value, is estimated to be $5.1 billion in 2014, and is projected to grow to $7.7 billion by 2019 at a CAGR of 8.39%. The rechargeable battery which is used in many transportation applications forms an integral component to provide starting power, back-up power, and power to the electrical components used in automotive, marine, and aerospace applications. In automotive applications, batteries are used to power on-board electrical systems and start the vehicle by providing power to the engine. In marine applications, they are used to provide back-up power to the safety equipment in the event of power failure. Most automobiles use lead-acid batteries, which are capable of generating high amount of required current and reversing this current for self-charging with the use of an alternator. Improvements have been made in this technology and it remains the major technology used in automotive applications. New technologies such as lithium-ion (Li-ion) and nickel-metal hydride (NiMH) are being deployed in hybrid vehicles. With increase in adoption of electric and hybrid vehicles, the demand for these technologies is also projected to increase. Lithium-ion is also slowly being utilized in aerospace and marine applications. The markets in Asia-Oceania and North America are growing at a good pace owing to the increase in automotive production and demand for aerospace transportation in these regions. Increase in purchasing power and low penetration of automobiles in emerging nations such as China, Brazil, and India have resulted in an increase in demand for personal transportation. Asia-Oceania is estimated to be the largest market for automotive and commercial aviation batteries and is projected to grow at the highest rate from 2014 to 2019. The global battery market is dominated by a few top players such as GS Yuasa Corp. (Japan), Johnson Controls, Inc. (U.S.), Exide Technologies, Inc. (U.S.), Robert Bosch GmbH (Germany), and Saft SA (France), along with regional suppliers. Companies such as Samsung SDI Co., Ltd. (Korea), GS Yuasa Corp., and Robert Bosch GmbH are also focusing on development of batteries for current hybrid automotive and future applications. Scope of the Report - Transport Mode (Automotive, Marine & Aerospace) - Application (Two Wheelers, Passenger Vehicles, LCV, HCV, Passenger Ships, Tankers, Cargo Ships, Commercial and General Aviation) Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trend 7 Land Based Battery Market, By Application 8 Aerospace Battery Market, By Application 9 Marine Battery Market, By Application 10 Battery Market, By Region 11 Company Profiles For more information visit http://www.researchandmarkets.com/research/9w628s/automotive
JCI: 50.09 (-0.46)
Exide Technologies Enters into Amended and Restated PSA to Continue Backstop Commitment Negotiations
GlobeNewswire - Thu Dec 11, 3:39PM CST
Exide Technologies (OTCQB:XIDEQ) (www.exide.com) ("Exide" or the "Company" , a global leader in stored electrical-energy solutions, announced today that it entered into an amended and restated plan support agreement ("Amended PSA" with holders of a majority of the principal amount of Exide's senior secured notes.
Exide files reorganization plan and disclosure statement
Seeking Alpha - at Seeking Alpha - Tue Nov 18, 6:31AM CST
Exide Technologies Files Plan of Reorganization and Disclosure Statement
GlobeNewswire - Mon Nov 17, 8:15PM CST
Exide Technologies (OTCQB:XIDEQ) (www.exide.com) ("Exide" or the "Company" , a global leader in stored electrical-energy solutions, announced today that it has filed its plan of reorganization (the "Plan" and disclosure statement with the U.S. Bankruptcy Court for the District of Delaware. The Plan and disclosure statement are consistent with the terms of the Plan Support Agreement ("PSA" and related plan term sheet into which the Company previously entered on November 4, 2014 with holders of a majority of the principal amount of Exide's senior secured notes (the "Supporting Noteholders" .
Exide Technologies Enters Into Plan Support Agreement
GlobeNewswire - Tue Nov 04, 6:59PM CST
Exide Technologies (OTCQB:XIDEQ) (www.exide.com) (the "Company" , a global leader in stored electrical-energy solutions, announced today that it entered into a plan support agreement ("PSA" with holders of a majority of the principal amount of Exide's senior secured notes (the "Supporting Noteholders" . The PSA includes a detailed term sheet (the "Term Sheet" which describes a plan of reorganization (the "Plan" . Pursuant to the PSA, the Supporting Noteholders, who also hold a substantial majority of Exide's estimated $360 million DIP Credit Facility's term loan, have agreed to support the Plan which would deleverage the Company by more than $600 million and allow Exide to emerge from Chapter 11 substantially in its current form - operating across all of its existing business segments.
Lead Acid Batteries (Automotive) - 2014 Global Strategic Business Report: Original Equipment Market & Aftermarket/Replacement Market
M2 - Tue Oct 28, 4:22AM CDT
Research and Markets (http://www.researchandmarkets.com/research/xkmj8c/lead_acid) has announced the addition of the "Lead Acid Batteries (Automotive) - Global Strategic Business Report" report to their offering. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. This report analyzes the worldwide markets for Lead Acid Batteries (Automotive) in US$ Million and Thousand Units by the following End-Use Segments: - Original Equipment Market (Motorcycles, Passenger Cars, & Commercial Vehicles) - Aftermarket/Replacement Market (Motorcycles, Passenger Cars, & Commercial Vehicles). The report profiles 68 companies including many key and niche players such as: - CSB Battery Co., Ltd. - East Penn Manufacturing Company, Inc - Exide Technologies - Tudor India Limited - Exide Industries Limited - F.I.A.M.M SpA - Fujian Quanzhou Dahua Battery Co. Ltd. - Furukawa Battery Co. Ltd. - GS Yuasa Corporation - Johnson Controls, Inc. - Lion Batteries - Panasonic Corp. Key Topics Covered: I. Introduction, Methodology & Product Definitions II. Executive Summary 1. Market Overview 2. Market Trends, Growth Drivers & Issues 3. Product Overview 4. Lead - The Primary Raw Material For Lead Acid Batteries 5. Review Of Alternative Battery Technologies 6. Recent Industry Activity 7. Focus On Select Players 8. Global Market Perspective III. Market 1. The United States 2. Canada 3. Japan 4. Europe 5. Asia-Pacific 6. Latin America 7. Rest Of World IV. Competitive Landscape Total Companies Profiled: 68 (including Divisions/Subsidiaries - 80) - The United States (12) - Japan (6) - Europe (22) - - France (1) - - Germany (2) - - The United Kingdom (5) - - Italy (5) - - Spain (1) - - Rest of Europe ( - Asia-Pacific (Excluding Japan) (33) - Latin America (2) - Africa (3) - Middle East (2) For more information visit http://www.researchandmarkets.com/research/xkmj8c/lead_acid
JCI: 50.09 (-0.46)
Exide Technologies Unveils New Approach To Label Design
PRWeb - Mon Oct 13, 2:12AM CDT
Exide Technologies (OTCQB: XIDEQ) has launched its new battery range, revealing new label designs for the first time. The new approach emphasises typography and simplicity, and uses new mobile-friendly product pages to provide additional information.
Exide Technologies Receives Approval From Lenders to Extend DIP Financing Maturity Date
GlobeNewswire - Fri Oct 10, 6:08AM CDT
Exide Technologies (OTCQB:XIDEQ) (www.exide.com), a global leader in stored electrical-energy solutions, announced today that the Company has received all necessary approvals from its lenders, thereby extending its debtor-in-possession (DIP) credit facility's maturity date to March 31, 2015, subject to the terms and conditions thereof. The extension provides Exide and its noteholders additional time to complete negotiations regarding a Plan of Reorganization that would allow the Company to emerge from Chapter 11 substantially in its current form - operating across all business segments. Exide is working toward a proposal that would pay or re-finance the existing DIP facility and provide additional capital to fund its reorganization.
Exide Technologies Launches New Light-Vehicle Battery Range
PRWeb - Mon Oct 06, 3:15AM CDT
Exide Technologies has launched a new range of batteries offering significant performance gains, faster recharging and a sleek new design. The new range was unveiled at the Automechanika 2014 trade fair in Frankfurt, a key event in the automotive industry.