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Stock impact report

Stellantis Supplier CLN Seeks Advice for Debt Talks Amid Slump [BNN Bloomberg (Canada)]

Arcelor Mittal NY Registry Shares NEW (MT) 
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am Check Earnings Report
US:NYSE Investor Relations: corporate.arcelormittal.com/investors
Company Research Source: BNN Bloomberg
Italy-based CLN Coils Lamiere Nastri needs to refinance a bond due in November and start negotiations with bank lenders, according to people with knowledge of the matter, who asked not to be named because they aren't authorized to talk about it. The company is running a beauty contest to select an adviser in the next weeks, they said. The bond was sold to Assicurazioni Generali SpA, the people added. Representatives for CLN and Generali declined to comment. CLN's troubles show how the struggles of carmakers are trickling down to the supply chain. Nearly a third of major passenger-car plants from Europe's five largest manufacturers were underutilized last year, producing fewer than half the vehicles they have the capacity to make, according to a Bloomberg News analysis of Just Auto data. Volkswagen AG is considering shutting down factories in Germany for the first time in its 87-year history. “Slowing global automotive output, rising inventory and a pullback of carmakers' batt Show less Read more
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