We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Hayes Lemmerz International (MM) | NASDAQ:HAYZ | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0434 | 0 | 01:00:00 |
OMB APPROVAL | ||
OMB Number: 3235-0058
|
||
Expires: April 30, 2009
|
||
Estimated average burden
hours per response ... 2.50
|
||
SEC FILE NUMBER | ||
|
||
CUSIP NUMBER | ||
|
||
(Check one): | þ Form 10-K o Form 20-F o Form 11-K o Form 10-Q o Form 10-D o Form N-SAR o Form N-CSR | |||||
|
||||||
|
For Period Ended: | January 31, 2009 | ||||
|
||||||
|
||||||
o Transition Report on Form 10-K | ||||||
|
||||||
o Transition Report on Form 20-F | ||||||
|
||||||
o Transition Report on Form 11-K | ||||||
|
||||||
o Transition Report on Form 10-Q | ||||||
|
||||||
o Transition Report on Form N-SAR | ||||||
|
||||||
|
For the Transition Period Ended: | Not Applicable | ||||
|
þ
|
|||||
(a) | The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense | ||||
(b) | The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and | ||||
(c) | The accountants statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
SEC 1344 (05-06) | Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
(1) | Name and telephone number of person to contact in regard to this notification |
Patrick C. Cauley | (734) | 737-5075 | ||
(Name)
|
(Area Code) | (Telephone Number) |
(2) | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). | |
Yes þ No o | ||
(3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? | |
Yes þ No o | ||
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. | ||
Total sales for the fiscal year ending January 31, 2009 are expected to be $1,904 million, a decrease of 10.5% from the prior year. The reduction in sales was primarily due to lower production volumes in the latter part of the fiscal year at North American and European vehicle manufacturers, which have been negatively impacted due to the effects of the global recession and troubled capital and credit markets. Gross profits are expected to decline from the prior year commensurate with the sales reduction.
In connection with the preparation of fiscal 2008 consolidated financial statements, the Company anticipates taking a $257.3 million non-cash impairment charge to its goodwill and other intangible assets. As a result of this impairment, earnings from operations and net income are expected to be substantially below the prior year loss from operations of $38.7 million and net loss of $194.4 million.
Date
|
April 17, 2009 | By | Patrick C. Cauley | |||
|
||||||
|
Vice President, General Counsel and Secretary | |||||
|
1 Year Hayes Lemmerz International (MM) Chart |
1 Month Hayes Lemmerz International (MM) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions