Collins & Aikman shares hammered on wrong accounts


(Updates with more details) NEW YORK, March 17 (Reuters) - Auto parts supplier Collins & Aikman Corp. announced on Thursday it has identified inaccurate accounting in its books and would delay the filing of its annual report. The news tore into Collins' share price which fell over 20 percent to $1.30, a new low for the year. The company also warned that there was a possibility of restating its 2003 results and sees restating for the nine months to Sept 30, 2004. Collins said it ...

Premium Content (PAID Subscription Required)

"Collins & Aikman shares hammered on wrong accounts" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

more data and Insights


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×