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First Brands: why a maker of spark plugs and wiper blades has Wall Street worried
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First Brands: why a maker of spark plugs and wiper blades has Wall Street worried

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Investors fear that the collapse of the car parts company – and the size of its debt – could portend wider problems

Financial problems at the maker of spark plugs, wiper blades, brake calipers, brake shoes, tow hitches and motor oil has caused intense anxiety on Wall Street in recent weeks. Car parts are not usually something that causes finance chiefs to lose muc... [6928 chars]

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Source: The Guardian

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