Feb 23- Kimberly-Clark Corp is transferring responsibility for payment of U.S. pensions to two insurers, a move it said would cut its projected benefit obligation by about $2.5 billion but result in a charge of $800 million in the second quarter. On Monday, Kimberly-Clark said it would make a $400- $475 million contribution to its U.S. pension plan to support the...
NEW YORK, Jan 23- Timkensteel Corp, a producer of high-quality steel used in products ranging from oil rigs to fighter jets, looks to be an attractive takeover candidate as its shares slide, said Eric Marshall, lead portfolio manager of the $1.3 billion Hodges Small Cap fund. Energy-related products account for approximately 30 percent of Timkensteel's...
Dec 15- Emerson Electric Co said it would sell its power transmission unit to Regal Beloit Corp, a maker of electric motors, for $1.44 billion as it streamlines its business. Regal Beloit's shares rose 6 percent premarket on Monday on the deal, the company's biggest acquisition. Regal Beloit was competing with ball bearings maker Timken Co, brake and clutch maker...
Oct 28- Timken Co, a maker of ball bearings and gearboxes, reported a better-than expected rise in quarterly revenue, driven mainly by higher sales in its process industries business. Net sales rose 7.7 percent to $788 million in the third quarter ended Sept. 30, beating the average analyst estimate of $783.1 million, according to Thomson Reuters I/B/E/S.
Oct 28- Timken Co, a maker of ball bearings and gearboxes, reported a quarterly loss, hurt by a charge related to the restructuring of its aerospace unit. The net loss attributable to the company was $14.8 million, or 16 cents per share, in the third quarter ended Sept. 30 compared with net income of $52.2 million, or 54 cents per share, a year earlier.
Looking at potential catalysts, Jim Cramer believes Manitowoc could print $42; that’s a lot higher than where the stock is now.
Ward “Tim” Timken calls it a 100-year old start-up. What does Cramer say about the new TimkenSteel spinoff?
Some of Thursday's midday movers:
These 10 stocks had been out of favor. But now, they're kind of ‘in crowd.’
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Take a look at some of Thursday midday movers:
The Mad Money host has been telling you about this stock for quite some time. Did you listen?
These companies are making headlines before the bell Friday:
Check out which companies are making headlines after the bell Thursday:
Cramer is a fundamental investor. However he’s always intrigued by the charts, especially when they signal something radical as this!
A few areas stand to do well in the current investment climate, TheStreet CIO Stephanie Link says.
Joe Terranova of Virtus Investment Partners says stocks will keep rising even after the Federal Reserve begins to taper next month.
The "Fast Money" traders share their final trades of the day.
If you’re one of those glass half full kinds of people, you might want to consider this stock.