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JPMorgan said in its filing that it also expected to uncover additional wrongdoing by Mr. Arbizu.
Visteon said it also expected to finance its operations during reorganization with its cash balance and assistance from customers in addition to Ford.
It also expected to reduce its gross borrowing requirement for 2011 by about $4.9 billion from the estimated $59.5 billion for 2010.
Southcorp said it also expected to sell its United States packaging assets, which have a book value of about $105 million, by July 2001 and to make acquisitions in its remaining business lines, wine and water heaters.
Boeing, Airbus's rival, said it also expected to exceed its yearly forecast on the strength of recent aircraft orders, but reported that net profit for the second quarter had fallen by 7%, to $566m (revenue increased by 15%).Flying into oblivion?Northwest Airlines warned unions and politicians that it faced a real threat of bankruptcy unless it could cut $1.1 billion in labour costs.
In a midyear update to its annual forecast, the trade group said it also expected chip sales to show a compound annual growth rate of 6.1percentthroughgh 2011.
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It also expects that its combined purchasing strength will yield better prices from its suppliers.
It also expects to meet its post-Friends cost-saving target of £225m a year early.
It also expects to achieve its £225mn cost synergy target by end 2016, a year ahead of target.
It also expects to eliminate its corporate debt load and to have up to $600 million in unrestricted cash holdings.
The company said it also expects to buy back shares of its stock.
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