A flurry of good news about Exide Corp. is helping restore confidence among participants in a $650 million loan to the company and has taken pressure off Lehman Brothers, the lead lender.

In the last week, shares of the Bloomfield Hills, Mich., battery maker have rebounded, and the company has named a charismatic new chief executive.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.