GO
Loading...

Timken Co

More

  • Canton, Ohio- based Timken joins heavy-equipment maker Caterpillar Inc and toolmaker Kennametal Inc in citing weakness in the mining sector as a drag on profit. Kennametal cut its organic sales growth estimate to 2-4 percent from 4-6 percent due to weak conditions in underground mining in the United States and China.

  • Jan 30- Timken Co, which makes specialty steel and ball bearings, posted a 30 percent fall in quarterly profit, hurt by weak demand from several customers, including the mining industry. The company's net income fell to $52.6 million, or 55 cents per share, in the fourth quarter ended Dec. 31 from $75.3 million, or 78 cents per share, a year earlier.

  • UPDATE 2-SPX to sell JV stake to focus on flow technology Wednesday, 4 Dec 2013 | 11:03 AM ET

    Dec 4- SPX Corp, which has been under pressure from its largest shareholder to boost its stock price, said it would sell its entire stake in an electrical equipment joint venture to partner Emerson Electric Co for $571 million. Ingersoll-Rand Plc has spun off its security business, while Timken Co is hiving off its steel division.

  • *Says weakness in mining and India main culprits. The Columbus, Indiana- based company said sales of all its products had also contracted sharply in India in the most recent quarter as a result of declining business confidence and manufacturing activity there.

  • CHICAGO, Oct 29- Cummins Inc, the U.S. maker of engines and other vehicle components, reported lower-than-expected quarterly profit on Tuesday and cut its full-year outlook, citing weak demand in most of its markets, including mining.

  • Oct 24- Timken Co reported a lower-than-expected quarterly profit on Thursday and cut its full-year outlook yet again, citing a "slower-than-expected economic recovery" that it said had depressed demand for its ball bearings and specialty steel across all markets.

  • UPDATE 1-Timken posts lower profit, cuts outlook again Thursday, 24 Oct 2013 | 8:30 AM ET

    Oct 24- Timken Co on Thursday reported a lower quarterly profit and cut its full-year outlook yet again, citing a "weaker-than-expected economic recovery" that it said had depressed demand for its ball bearings and specialty steel across all markets.

  • Timken posts lower profit, cuts outlook again Thursday, 24 Oct 2013 | 8:02 AM ET

    Oct 24- Timken Co on Thursday reported a lower quarterly profit and cut its full-year outlook yet again, citing weak demand for its ball bearings and specialty steel across all markets. The Canton, Ohio- based company posted a third-quarter profit of $52.2 million, or 54 cents a share, down from $80.9 million, or 83 cents a share, in the comparable period last year.

  • Cramer ‘fave’ gains 20% in only 4 months Friday, 6 Sep 2013 | 6:28 PM ET

    The Mad Money host has been telling you about this stock for quite some time. Did you listen?

  • Early movers: KKR, TKR, GSK, ETFC & more Friday, 6 Sep 2013 | 8:02 AM ET

    These companies are making headlines before the bell Friday:

  • After-hours buzz: Smith & Wesson, Gap & more Thursday, 5 Sep 2013 | 4:46 PM ET

    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!

  • Where to find bigger stock market gains: Pro Friday, 9 Aug 2013 | 12:47 PM ET

    A few areas stand to do well in the current investment climate, TheStreet CIO Stephanie Link says.

  • Stock market set to ‘rip higher’: Pro Monday, 5 Aug 2013 | 1:08 PM ET
    Specialists on the floor of the New York Stock Exchange.

    Joe Terranova of Virtus Investment Partners says stocks will keep rising even after the Federal Reserve begins to taper next month.

  • Your First Move for Friday Thursday, 30 May 2013 | 1:55 PM ET
  • Your First Move for Friday Thursday, 9 May 2013 | 6:17 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Jim Cramer: Optimists, This One's for You Wednesday, 1 May 2013 | 6:25 PM ET

    If you’re one of those glass half full kinds of people, you might want to consider this stock.

  • Final Trade: Your First Move for Friday April 12th Thursday, 11 Apr 2013 | 6:40 PM ET

    Here’s our Fast Money Final Trade. The Fast gives you tomorrow’s best trades, right now.

  • Once Shunned, Funds Now Ally With Activist Investors Tuesday, 9 Apr 2013 | 8:40 AM ET
    Bill Ackman

    Institutional investors, who used to shun activist investors and side with a company's management on most controversial issues, are starting to change their tune.

  • Proxy Fight: Why Activists May Be Good for Investors Sunday, 17 Mar 2013 | 1:20 PM ET

    With annual shareholder meeting season getting underway, long-term investors should applaud activist shareholders trying to agitate for change.

Most Popular Video

Wednesday, 16 Apr 2014 | 12:00 AM ET

GM unveils new models, hopes for strong sales this year After massive recalls, General Motors is pushing forward with new car models unveiled at the 2014 New York International Auto Show. CNBC's Phil LeBeau explains.

Friday, 11 Apr 2014 | 7:23 AM ET

Former Fed Chairman Ben Bernanke challenges Raghuram Rajan, Reserve Bank of India governor on his views about monetary policies, reports CNBC's Michelle Caruso-Cabrera.

Tuesday, 15 Apr 2014 | 5:40 PM ET

Jonathan Geller, BGR president and editor-in-chief, weighs in on the specifications for Amazon's newly announced 3-D smartphone.