Timken Company

Type: Company
Name: Timken Company (The Timken Company)
Nationality: United States
Web Address: http://www.timken.com/
Fact Sheet: Fact Sheet for Timken Company
First reported 5 hours ago - Updated 5 hours ago - 1 reports

Timken's new caster running at Faircrest

CANTON  TimkenSteel’s new vertical caster in the Faircrest Steel Mill should be making more than half of the plant’s steel by the end of next year, company executives told stock analysts Friday. TimkenSteel started using the new piece of equipment in ... [Published Canton Repository - 5 hours ago]
First reported 11 hours ago - Updated 11 hours ago - 1 reports

Our View: Getting back

Manufacturing jobs are our future.In a consumer-driven economy, the only way the United States will continue to grow and thrive is if we make things here at home. Purchasing goods that are manufactured overseas, even from companies that have corporate ... [Published Lincoln Times News - 11 hours ago]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Timken reports net loss for Q3, provides guidance for 2014

(MarketLine via COMTEX News Network) -- The Timken Company, a provider of roller bearings and gearboxes, has reported that net loss attributable to the company for the third quarter ended September 30, 2014 was $14.8 million, or $0.16 loss per common ... [Published PredictWallStreet - 14 hours ago]
First reported Oct 30 2014 - Updated 18 hours ago - 1 reports

Timken Shares Down 14.8% Since SmarTrend's Sell Call (TKR)

SmarTrend identified a Downtrend for Timken (NYSE:TKR) on July 1st, 2014 at $48.60. In approximately 4 months, Timken has returned 14.80% as of today's recent price of $41.4 ... [Published Individual.com - Oct 30 2014]
First reported Oct 31 2014 - Updated Oct 31 2014 - 1 reports

Tony Foster, 59, employed by Timken

BLACKSBURG – James Anthony (Tony) Foster, 59, of 706 S. Charleston Street, went home to be with the Lord on Tuesday, October 28, 2014 at Spartanburg Regional Medical Center.read more ... [Published Gaffney Ledger - Oct 31 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 1 reports

Ascent expands St. Thomas fibre and wireless network

Every industrial and commercial property in St. Thomas will have blazing fast connections to the Internet as Ascent has expanded its fibre optic and wireless network in the city.The fibre optic network will boast broadband speeds of up to 1 gigabit to ... [Published St. Thomas Times-Journal - Oct 30 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 2 reports

Timken Lowered to Hold at TheStreet (TKR)

Timken (NYSE:TKR) was downgraded by investment analysts at TheStreet from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday. Separately, analysts at Zacks upgraded shares of Timken from an “underperform” rating to a “neutral” ... [Published Mideast Time - Oct 30 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 3 reports

Timken to Present at Goldman Sachs Industrials Investor Conference

(2014-10-30) NORTH CANTON, Ohio , Oct. 30, 2014 /PRNewswire/ —??The Timken Company (NYSE: TKR) will present at the 2014 Goldman Sachs Industrials Investor Conference on Nov. 12, 2014 , at 4:10 p.m. ET in Boston , Mass.?? ... [Published DMN Newswire - Oct 30 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 1 reports

Timken Launches New Training Material Resources For Automotive Technicians

NORTH CANTON, Ohio The Timken Co. announces the launch of four new training videos and multiple TechTips focusing on light vehicles during Automotive Aftermarket Week. Timken will reveal all of its new technical training materials at their booth (#3018) ... [Published Counterman - Oct 30 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 1 reports

Northamptonshire’s women’s institutes meet tonight to discuss new branch

The Northamptonshire Federation of Women's Institutes (NFWI) will have their AGM in Northampton tonight (Thursday) to talk about a successful last year and possible plans to launch a new WI in the town.Members have invited women to take part in a free ... [Published NewsRT.co.uk - Oct 30 2014]
First reported Oct 28 2014 - Updated Oct 29 2014 - 2 reports

Timken earnings dip, sales rise

Improved third-quarter sales couldn’t help Timken Co. as efforts to restructure its aerospace business contributed to the loss. Timken announced in September that it would close some of its aerospace manufacturing and consolidate most of the business ... [Published Canton Repository - Oct 29 2014]
First reported Oct 28 2014 - Updated Oct 28 2014 - 1 reports

Timken Co. reports 8 percent increase in third-quarter sales

Jackson Township bearings maker Timken Co. on Tuesday reported third-quarter sales of $788 million, an increase of 8 percent over the same period a year ago.The company reported a net operating loss of $14.8 million, or 16 cents per share — including ... [Published Akron Beacon Journal - Oct 28 2014]

Quotes

Richard Kyle, president and CEO of Timken, said, "Timken performed well this quarter. Our sales increased eight percent year-on-year as we continue to gain share in targeted end markets, even in a relatively soft environment. We delivered strong operating margins, capitalizing on the increased demand and continuing our efforts to decrease costs across the enterprise. We also returned $138 million of capital to shareholders through dividends and the repurchase of 2.5 million shares in the quarter. With our current traction in the marketplace and focus on execution, we continue to expect revenue to be up year-on-year in the fourth quarter and to achieve our full-year earnings targets."
"We rate TIMKEN CO (TKR) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins."
"I listen carefully and I'm not easily swayed. I try to resolve things. We're working for the people who elect us. We're all working together and I think I'm quite good at that."
"SKF India has 27 percent market share which is the largest in the peer set and it is the oligopolistic situation. So in that particular play it is trading at roughly 2.50 times multiple in terms of enterprise value (EV) to sales compared to Timken which is 3.4 times. We feel that the management will be definitely focusing on increasing their stake because it gives lot of cushion. I also looked into the past acquisition of the SKF management which is their parent, they acquired Kaydon at an adjusted multiple of 1.38 times premium and an annualised equivalent value. So at 40 percent discount, I feel there is a substantial upside from current levels and is one of the safer plays when markets have turned volatile. So we feel Rs 1,552-1,600 will be a safer bet from next 8-10 months perspective on this particular stock" he said

More Content

All (427) | News (247) | Reports (0) | Blogs (162) | Audio/Video (0) | Fact Sheets (6) | Press Releases (12)
sort by: Date | Relevance
Timken's new caster running at Faircrest [Published Canton Repository - 5 hours ago]
Our View: Getting back [Published Lincoln Times News - 11 hours ago]
Hottest Capital Goods Stocks Now – SXI SLCA CFX... [Published InvestorPlace.com - 12 hours ago]
Timken reports net loss for Q3, provides guidan... [Published PredictWallStreet - 14 hours ago]
Bearing Oil Market in-depth Analysis Report and... [Published MyNewsDesk - 20 hours ago]
Joann C. Wolfe, 75, Canton, Ohio [Published WKYC News - 21 hours ago]
Timken (TKR) Showing Bearish Technicals With Su... [Published MarketIntelligenceCenter.com - 21 hours ago]
Tony Foster, 59, employed by Timken [Published Gaffney Ledger - Oct 31 2014]
Ascent expands St. Thomas fibre and wireless ne... [Published St. Thomas Times-Journal - Oct 30 2014]
Timken Lowered to Hold at TheStreet (TKR) [Published Mideast Time - Oct 30 2014]
Timken to Present at Goldman Sachs Industrials ... [Published DMN Newswire - Oct 30 2014]
Timken (TKR) Showing Support Near $40.70 [Published Individual.com - Oct 30 2014]
Timken Launches New Training Material Resources... [Published Counterman - Oct 30 2014]
Timken Shares Down 14.8% Since SmarTrend's Sell... [Published Individual.com - Oct 30 2014]
Northamptonshire’s women’s institutes meet toni... [Published NewsRT.co.uk - Oct 30 2014]
Timken (TKR) Downgraded From Buy to Hold [Published The Street Latest - Oct 30 2014]
Timken to Present at Goldman Sachs Industrials ... [Published InvestorPoint.com - Oct 30 2014]
Timken to Present at Goldman Sachs Industrials ... [Published PR Newswire: General Business - Oct 30 2014]
Timken (TKR) Showing Support Near $40.70 [Published MarketIntelligenceCenter.com - Oct 30 2014]
County schools receive $635,000 Timken grant [Published Lincoln Times News - Oct 29 2014]
Illinois Tool Works Inc.: Above-Average Returns... [Published Seeking Alpha - Oct 29 2014]
Timken : Jim and Judy Vitaro [Published 4 Traders - Oct 29 2014]
Potential Timken (TKR) Trade Has 8.12% Downside... [Published MarketIntelligenceCenter.com - Oct 29 2014]
Timken earnings dip, sales rise [Published Canton Repository - Oct 29 2014]
Timken Co (TKR) Updates FY14 Earnings Guidance [Published Mideast Time - Oct 28 2014]
Timken's (TKR) CEO Richard Kyle on Q3 2014 Resu... [Published Seeking Alpha - Oct 28 2014]
Timken Co. reports 8 percent increase in third-... [Published Akron Beacon Journal - Oct 28 2014]
UPDATE 1-Timken revenue beats as demand for ind... [Published CNBC - Oct 28 2014]
Timken Co gives Q4 2014 revenue guidance above ... [Published Reuters UK - Oct 28 2014]
Timken reports 3Q loss [Published Yahoo! Finance UK and Ireland - Oct 28 2014]
1 2 3 4 5 6 7 8 9 10 ...
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Timken (TKR) Showing Bearish Technicals With Su... [Published MarketIntelligenceCenter.com - 21 hours ago]
Thursday’s trading in Timken Co (TKR) gives options traders an opportunity for a 8.70% return. By selling the Mar. '15 $40.00 call and buying the Jan. '16 call at the $30.00 level for a net debit of $9.20, traders will book a profit as long as the stock ...
Timken to Present at Goldman Sachs Industrials ... [Published PR Newswire: General Business - Oct 30 2014]
NORTH CANTON, Ohio, Oct. 30, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR) will present at the 2014 Goldman Sachs Industrials Investor Conference on Nov. 12, 2014, at 4:10 p.m. ET in Boston, Mass.  Presenting on behalf of Timken will be Richard ...
Timken (TKR) Showing Support Near $40.70 [Published MarketIntelligenceCenter.com - Oct 30 2014]
MarketIntelligenceCenter.com’s patented algorithms have chosen the Mar. '15 $40.00 call for a couple of hedged-trading ideas on Timken Co (TKR). A traditional covered call on Timken yields 3.71% (9.60% annualized, for comparison purposes only) and provides ...
Potential Timken (TKR) Trade Has 8.12% Downside... [Published MarketIntelligenceCenter.com - Oct 29 2014]
Timken Co (TKR) presents a trading opportunity that offers a 4.03% return in just 142 days.A covered call on Timken at the $40.00 level expiring on Mar. '15 offers an assigned return rate of 4.03% or 10.36% annualized. This trade offers 8.12% downside ...
Timken (TKR) Showing Bearish Technicals [Published MarketIntelligenceCenter.com - Oct 28 2014]
For a hedged play on Timken Co (TKR), MarketIntelligenceCenter.com’s option-trade picking algorithms recommend the Dec. '14 $40.00 covered call for a net debit in the $39.05 area. That is also the break-even stock price for the covered call. This trade ...
1 2 3 4 5 6 7 8 9 10 ...

Press Releases

sort by: Date | Relevance
Timken Announces Pricing of Offering of Senior ... [Published Financial Services - Aug 13 2014]
Fitch Assigns Initial 'BBB' IDR to The Timken C... [Published Fitch Ratings Headlines Corporate - Aug 13 2014]
Timken Announces Proposed Offering of $300 Mill... [Published Financial Services - Aug 13 2014]
Timken Declares Quarterly Dividend Of 25 Cents ... [Published Financial Services - Aug 05 2014]
Timken Reports Second-Quarter Results; Affirms ... [Published Financial Services - Jul 31 2014]
1 2 3
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.