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Visteon Sale Prospects Fade as Production Cuts Hurt Earnings (Bloomberg.com) - Sept. 28 (Bloomberg) -- Investors are losing confidence Visteon Corp., the second-largest U.S. auto parts maker, will find a buyer as earnings decline, according to traders who bet on the creditworthiness of companies in the credit-default swap market.. Fitch Affirms TRW Automotive Holdings, Inc's IDR at 'BB'; Outlook Remains Stable (FinanzNachrichten) - Fitch Ratings has affirmed the ratings of TRW Automotive Holdings Inc. ( Nachrichten ) (NYSE: TRW) as follows:. Fitch Affirms TRW Automotive Holdings, Inc's IDR at 'BB' (Business Wire via Yahoo! Finance) - CHICAGO----Fitch Ratings has affirmed the ratings of TRW Automotive Holdings Inc. as follows: Issuer Default Rating 'BB'; Senior secured bank lines 'BB+'; Senior unsecured notes 'BB-'; Senior subordinated unsecured Notes 'B+'.. Corporate report (The Herald-Tribune) - Visteon Corp. -- The auto-parts supplier said it would not meet its financial targets for the rest of the year because of production cuts by automakers and other factors. Visteon, the former parts arm of Ford Motor Co., said it currently expects second-half product sales to be about 10 percent lower than its first-half product sales of $5.. Promotions and Appointments: Additions for UCSD and SDSU (San Diego Daily Transcript via Yahoo! News) - Mayor Sanders made several appointments to the board of directors of the San Diego Data Processing Corp. SDSU added Steve Ross to the College of Business Administration as an executive-in-residence for financial planning. UCSD named Lawrence Goldstein as director of the stem cell program. Rodney Carter, senior VP and CFO of Petco Animal Supplies Inc., has submitted his resignation.. Goldman Sachs Announces Monthly Rebalancing of the GS $ HYTop Index (Business Wire via Yahoo! Finance) - NEW YORK----The Goldman Sachs Group, Inc. announced today the monthly rebalancing of the GS $ HYTop Index.. BorgWarner cutting jobs (Chicago Tribune) - Profit warning issued as sales to domestic carmakers decline Shock waves from U.S. automakers' recently announced production cutbacks continued to rumble through the auto-parts industry Friday, as BorgWarner Inc. announced plans to eliminate 850 jobs, or about 12 percent of its North American workforce. . Lear lowers earnings outlook on Big 3 cuts (Detroit News) - Lear Corp. lowered its profit forecast for 2006 on Thursday in the face of steep production cuts by Detroit's automakers that are battering most of the U.S. auto supply industry.. 22 Central Mass. firms get work-training grants (Worcester Telegram & Gazette) - NEWTON - Twenty-two Central Massachusetts companies will receive Workforce Training Fund grants totaling more than $1.53 million, awarded by the state Department of Workforce Development.. Polymer Group, Inc. Announces Management Changes (PR Newswire via Yahoo! Finance) - Polymer Group, Inc. announced today that James Schaeffer is no longer chief executive officer of the company..