SOUTHFIELD, Mich.--Federal-Mogul Corporation (NASDAQ: FDML) announced today its Class A Common Stock was listed on the NASDAQ Global Market and is trading under the ticker symbol “FDML.” President and Chief Executive Officer José Maria Alapont and a representative group of employees commemorated the listing at the NASDAQ MarketSite bell ringing ceremony in New York at the market opening.
“Listing Federal-Mogul’s Common Stock on NASDAQ is a significant milestone for the company. This reinforces our commitment and focus to our sustainable global profitable growth strategy, satisfying our customers’, shareholders’ and employees’ expectations,” Alapont said.
About Federal-Mogul
Federal-Mogul Corporation is a leading global supplier, serving the world’s foremost original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, marine, rail, off-road and industrial vehicles, as well as the worldwide aftermarket. The company’s leading technology and innovation, lean manufacturing expertise, as well as marketing and distribution deliver world-class products, brands and services with quality excellence at a competitive cost. Federal-Mogul is focused on its sustainable global profitable growth strategy, creating value and satisfaction for its customers, shareholders and employees. Federal-Mogul was founded in Detroit in 1899. The company is headquartered in Southfield, Michigan, and employs 50,000 people in 35 countries. Visit the company’s Web site at www.federal-mogul.com.
Forward-Looking Statements
Statements contained in this press release, which are not historical fact, constitute "Forward-Looking Statements." Actual results may differ materially due to numerous important factors that are described in Federal-Mogul's most recent report to the SEC on Form 10-K, which may be revised or supplemented in subsequent reports to the SEC on Forms 10-Q and 8-K. Such factors include, among others, the cost and timing of implementing restructuring actions, the company's ability to generate cost savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions or price reductions to obtain new business, conditions in the automotive industry, and certain global and regional economic conditions. Federal-Mogul does not intend or assume any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
Note to Editors: There should be an accent symbol over the "e" in "José" above and in photo captions.
