The collapse of a car-parts supplier puts spotlight on how cash flow can lie

Last fall’s collapse of auto-parts supplier First Brands has brought renewed scrutiny to some long-used financial-engineering ...
Fast Lane Only on MSN

Parts maker meltdown exposes how cash flow fairy tales fool everyone

Investors have long comforted themselves with the idea that while earnings can be massaged, cash flow tells the unvarnished ...
Nasdaq

FlexShopper Partners with Aftermarket Auto Parts Alliance to Revolutionize Automotive Care Financing

Partnership with the Aftermarket Auto Parts Alliance brings FlexShopper’s proven and flexible payment solutions to more than 3,700 new retail locations Aftermarket Auto Parts Alliance is an ...
Reuters

First Brands files for bankruptcy, revealing billions of dollars in liabilities

NEW YORK, Sept 29 (Reuters) - U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 billion, marking the collapse of a company whose ...