DALLAS, June 23, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Visteon Corp. (OTCBB:VSTNQ). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/VSTNQ
Visteon Corp. (VSTNQ) is a supplier of climate, interiors and electronics systems, modules and components to automotive original equipment manufacturers (OEMs) worldwide. The Company supplies a range of integrated systems, modules and components to vehicle manufacturers for use in the manufacture of new vehicles. The Company's operations are organized in global product groups, including Climate, Electronics and Interiors. In May 2009, VSTNQ, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
Message Board Search for VSTNQ: http://www.boardcentral.com/boards/VSTNQ
In the report, the analyst notes:
"Shares of VSTNQ surged yesterday following a report that the company and a Chinese partner have expanded an auto parts plant in China, broadening product offering and design services. FAWER Visteon Climate Control System (FVCC), a joint venture between VSTNQ and FAWER Automotive Component Co., has moved and expanded its manufacturing operation in Changchun, China, and now boasts of a capacity to produce up to 1.2 million brazed radiators, 250,000 mechanical radiators and 240,000 heating and air conditioning units per year. "
"VSTNQ, which filed for bankruptcy protection on May 28, 2009, recently secured a bankruptcy court approval of its plan to sell stock to bondholders to finance its exit from Chapter 11 as soon as possible. According to the report, the reorganized company would be controlled by holders of $870 million in notes, which will help in the purchase of $1.25 billion in stock."
To read the entire report visit: www.microstockprofit.com/lp/VSTNQ
See what investors are saying about VSTNQ at penny stock forum
MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com
MicroStockProfit.com Disclosure
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.