Cooper-Standard Holdings Inc. Common Stock (CPS)
15.42
-0.36 (-2.28%)
Cooper Standard Holdings Inc is a leading global supplier of automotive sealing, fuel, and brake delivery systems, providing innovative solutions that enhance vehicle performance and safety
The company specializes in the design and manufacture of advanced polymer products, which are utilized in a wide range of vehicles to improve aerodynamics, reduce noise, and optimize fuel efficiency. With a commitment to sustainability and technological advancement, Cooper Standard collaborates closely with automotive manufacturers to deliver high-quality components that meet the evolving needs of the automotive industry. Their extensive product portfolio encompasses various applications, making them a critical player in enhancing the functionality and reliability of vehicles worldwide.
Cooper-Standard Holdings Inc. (NYSE: CPS) Leading the Way in Friday Trading Based on Percentage Gain
Cooper-Standard Holdings Inc. (NYSECPS) is one of today’s top gainers. The company’s shares have moved 3.85% on the day to $12.67.
Via Investor Brand Network · November 3, 2023
CORRECT & REPLACE: Cooper Standard Reports Fourth Quarter and Full Year 2022 Results and Provides Guidance for Improved Full Year 2023 Outlook
Cooper-Standard Holdings Inc. (NYSECPS) today reported results for the fourth quarter and full year 2022.
Via TheNewswire.com · February 16, 2023
Cooper Standard Reports Fourth Quarter and Full Year 2022 Results and Provides Guidance for Improved Full Year 2023 Outlook
Cooper-Standard Holdings Inc. (NYSECPS) today reported results for the fourth quarter and full year 2022.
Via TheNewswire.com · February 16, 2023
Cooper Standard Announces Date for Release of Fourth Quarter and Full Year 2022 Results,
Provides Details for Management Conference Call
Cooper-Standard Holdings Inc. (NYSECPS) expects to release its financial results for the fourth quarter and full year 2022 on Thursday, February 16 after market close. The Company’s earnings results will be posted to the Cooper Standard website (http://www.ir.cooperstandard.com) once released.
Via TheNewswire.com · January 31, 2023
Cooper Standard Announces Successful Completion of Previously Announced Refinancing Transactions
Cooper-Standard Holdings Inc. (NYSECPS) (“CPS”) today announced the completion by CPS’s wholly owned subsidiary, Cooper-Standard Automotive Inc. (the “Issuer”), of its previously announced refinancing transactions (the “Refinancing Transactions”), including:
Via TheNewswire.com · January 30, 2023
Cooper Standard Reports Strong Sales Growth and Margin Improvement in Third Quarter 2022
Cooper-Standard Holdings Inc. (NYSECPS) today reported results for the third quarter 2022.
Via TheNewswire.com · November 1, 2022
Cooper Standard Reports First Quarter Results
Cooper-Standard Holdings Inc. (NYSECPS) today reported results for the first quarter 2022.
Via TheNewswire.com · May 5, 2022
Cooper Standard Announces Expiration and Final Results of Previously Announced Concurrent Notes Offering, Exchange Offer and Consent Solicitation for Existing Senior Notes in Refinancing Transactions
Cooper-Standard Holdings Inc. (NYSECPS) (“CPS”) today announced that:
Via TheNewswire.com · January 23, 2023
Cooper Standard Named to Newsweek’s America’s Most Responsible Companies 2023 List for Fourth Consecutive Year
Cooper Standard (NYSECPS) is pleased to announce that it has been named to Newsweek’s list of America’s Most Responsible Companies 2023 for the fourth consecutive year. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider.
Via TheNewswire.com · December 8, 2022
Cooper Standard Announces Realignment of Responsibilities Within its Global Leadership Team to Balance Focus on Key Strategic Initiatives
Cooper Standard (NYSECPS) today announced the realignment of certain responsibilities within its Global Leadership Team to create greater management synergies and focus on key strategic initiatives. The following changes are effective immediately.
Via TheNewswire.com · November 17, 2022
Cooper Standard Announces Fully Backstopped Private Offering of New First Lien Notes and Private Exchange Offer and Consent Solicitation for Existing Senior Notes as Part of Refinancing Transactions
Cooper-Standard Holdings Inc. (NYSECPS) (“CPS”) today announced the commencement by CPS’ wholly-owned subsidiary, Cooper Standard Automotive Inc. (the “Issuer”), of (i) a fully backstopped private offering (the “Concurrent Notes Offering”) of $580.0 million aggregate principal amount of the Issuer’s newly issued 13.50% Cash Pay / PIK Toggle Senior Secured First Lien Notes due 2027 (the “New First Lien Notes”) to holders of the Issuer’s existing 5.625% Senior Notes due 2026 (the “2026 Senior Notes) or their designees, (ii) an offer (the “Exchange Offer”) to the holders of 2026 Senior Notes who participate in the Concurrent Notes Offering to exchange any and all of the Issuer’s $400.0 million aggregate principal amount of 2026 Senior Notes outstanding for the Issuer’s newly issued 5.625% Cash Pay / 10.625% PIK Toggle Senior Secured Third Lien Notes due 2027 (the “New Third Lien Notes”, and together with the New First Lien Notes, the “New Notes”) on a par-for-par basis and (iii) a consent solicitation (the “Consent Solicitation”) whereby the Issuer is soliciting, and holders of 2026 Senior Notes who tender pursuant to the Exchange Offer are required to deliver, consents to amend the indenture under which the 2026 Senior Notes were issued (the “2026 Senior Notes Indenture”) to remove substantially all of the covenants, certain events of default and certain other provisions contained in the 2026 Senior Notes and 2026 Senior Notes Indenture. In order to approve the amendment to the 2026 Notes Indenture, consents must be delivered and not revoked in respect of at least a majority of the outstanding principal amount of the 2026 Senior Notes (the “Requisite Consents”).
Via TheNewswire.com · December 19, 2022
Cooper Standard Announces Execution of Transaction Support Agreement
Cooper-Standard Holdings Inc. (NYSECPS) (“CPS”) today announced it and certain of its subsidiaries had entered into a transaction support agreement (the “TSA”) with an ad hoc committee of holders (the “Consenting Noteholders”) of approximately 62.7% of the aggregate principal amount of the 5.625% Senior Notes due 2026 (the “2026 Senior Notes”) issued by Cooper-Standard Automotive Inc. (the “Company”).
Via TheNewswire.com · November 15, 2022
Cooper Standard’s Thermoplastic Thermal Management Solution for Battery Electric Vehicles Wins SPE® Automotive Innovation Award
Cooper Standard (NYSECPS) is pleased to announce that it has earned an Automotive Innovation Award from the Society of Plastics Engineers (SPE) for its Thermoplastic BEV (battery electric vehicle) Thermal Management Solution supplied to the 2023 General Motors Co. Cadillac Lyriq. Cooper Standard was recognized during the 51st annual Automotive Innovation Awards Gala, held Nov. 2 in Livonia, Mich. The event is the oldest and largest recognition event (established in 1970) in the automotive and plastics industries.
Via TheNewswire.com · November 14, 2022
Cooper Standard Adopts Tax Benefits Preservation Plan to Protect its Tax Benefits and Shareholder Value
Cooper-Standard Holdings Inc. (“Cooper Standard” or the “Company”) (NYSECPS) today announced that its Board of Directors (the “Board”) adopted a tax benefits preservation plan (the “Rights Agreement”) in an effort to protect stockholder value by attempting to protect against a possible limitation on the Company’s ability to use its net operating losses, any loss or deduction attributable to a “net unrealized built-in loss” and other tax attributes (collectively, “Tax Benefits”) under the Internal Revenue Code (the “Code”).
Via TheNewswire.com · November 7, 2022
Cooper Standard Announces Date for Release of Third Quarter 2022 Results, Provides Details for Management Conference Call
Cooper-Standard Holdings Inc. (NYSECPS) expects to release its financial results for the third quarter 2022 on Tuesday, November 1 after market close. The Company’s earnings results will be posted to the Cooper Standard website (http://www.ir.cooperstandard.com) once released.
Via TheNewswire.com · October 18, 2022
Cooper Standard Announces Joint Development Agreement of Innovative Dynamic Fluid Control Technology for the Electric Vehicle Market
Cooper Standard (NYSECPS) today announced a joint development agreement with Industrie Saleri Italo S.p.A. (Saleri) to create a novel family of high-performance coolant fluid management devices for the battery electric vehicle market (EV). These new products combine the functionality of pumps with advanced fluid control, routing and connection technologies into single devices, enabling simplified EV architectures and improved performance and range. With a compact design and extensive configuration options, the devices provide flexibility in vehicle designs and can be integrated easily into existing systems and across vehicle platforms. These new products will drive significant expansion of content per vehicle and margins.
Via TheNewswire.com · August 9, 2022
Cooper Standard Reports Second Quarter Results,
Reaffirms Full-year Guidance for Adjusted EBITDA
Cooper-Standard Holdings Inc. (NYSECPS) today reported results for the second quarter 2022.
Via TheNewswire.com · August 4, 2022
Cooper Standard Announces Date for Release of Second Quarter 2022 Results,
Provides Details for Management Conference Call
Cooper-Standard Holdings Inc. (NYSECPS) expects to release its financial results for the second quarter 2022 on Thursday, August 4 after market close. The Company’s earnings results will be posted to the Cooper Standard website (http://www.ir.cooperstandard.com) once released.
Via TheNewswire.com · July 25, 2022
Cooper Standard Earns Environment + Energy Leader Award for its Fortrex™ Lightweight Elastomeric Material
Cooper Standard (NYSECPS), a leading global supplier of systems and components in diverse transportation and industrial markets, today announced that its Fortrex™ lightweight chemistry platform received a Top Product of the Year Award in the Environment + Energy Leader Awards program.
Via TheNewswire.com · July 19, 2022
Cooper Standard Promotes Nudd to Vice President, Global Internal Audit and Compliance
Cooper Standard (NYSECPS) today announced the promotion of Alison Nudd to vice president, global internal audit and compliance effective August 1, 2022. She replaces Amy Kulikowski who was recently promoted to vice president, chief accounting officer, Cooper Standard.
Via TheNewswire.com · June 22, 2022
Cooper Standard Retains Goldman Sachs as Financial Advisor to Assist with Refinancing its Capital Structure
Cooper-Standard Holdings Inc. (NYSECPS) (the “Company”) announced today that it has retained Goldman Sachs & Co. LLC as financial advisor to assist the Company in analyzing and evaluating potential alternatives for refinancing its capital structure.
Via TheNewswire.com · June 14, 2022
Cooper Standard Promotes Kulikowski to Chief Accounting Officer
Cooper Standard (NYSECPS) today announced the promotion of Amy Kulikowski to vice president, chief accounting officer effective July 11, 2022. She replaces Becky McCabe who is departing the Company to pursue other career opportunities.
Via TheNewswire.com · June 13, 2022
Cooper Standard 2021 Corporate Responsibility Report Highlights
Key Priorities for Sustainability Efforts
Cooper Standard (NYSECPS) today issued its 2021 Corporate Responsibility Report (CRR), titled “Together” to reflect the Company’s updated purpose statement, “Creating Sustainable Solutions Together.” The report offers insights on key topics considered important by the Company's stakeholders, including its 2021 materiality assessment, new Company Purpose, Mission and Value statements, and an update on its Driving Value Plan.
Via TheNewswire.com · May 18, 2022
Cooper Standard Completes Sale of European Property, Adding to Continuing Solid Liquidity Position
Cooper-Standard Holdings Inc. (NYSECPS) has completed the previously announced sale of a non-core real estate asset in Germany. The transaction generated $50 million in cash proceeds, adding to the Company’s already strong cash position at the end of the first quarter. The Company expects to lease back a portion of the property until the remaining manufacturing operation can be relocated. The lease commitment is not financially material to the Company’s ongoing operations.
Via TheNewswire.com · May 2, 2022
Cooper Standard Issues 2020 Corporate Responsibility Report Highlighting Record Safety Performance, Customer Recognition and COVID-19 Response
NORTHVILLE, MI / ACCESSWIRE / May 19, 2021 / Cooper Standard (NYSECPS) today issued its 2020 Corporate Responsibility Report (CRR), titled "Stronger: Teams, Partnerships, Business," offering insight on topics deemed important by the Company's stakeholders, including its record safety performance, customer recognition, talent management, innovation, diversity and inclusion and an overview of its COVID-19 actions and
By Cooper-Standard Holdings Inc · Via AccessWire · May 19, 2021