|Bid||14.74 x 800|
|Ask||33.99 x 800|
|Day's Range||27.99 - 29.60|
|52 Week Range||27.99 - 65.59|
|Beta (3Y Monthly)||1.82|
|PE Ratio (TTM)||6.29|
|Earnings Date||Feb 7, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||1.00 (3.44%)|
|1y Target Est||41.56|
An Army officer’s career, including service in Vietnam, taught Dana Mead to make tough choices quickly and live with the consequences. The retired colonel, who died Oct. 31 at the age of 82, drew on that experience as chief executive of Tenneco Inc. When he arrived in 1992, the conglomerate was struggling with so much debt that bankruptcy seemed possible.
Meritor (MTOR) witnesses improved market share, new businesses and improved production in the quarter. Further, rise in vehicle sales and service revenues aid Copart's (CPRT) performance.
Acquisition of Ohlins to aid Tenneco (TEN) to progress in the areas of intelligent suspension, autonomous driving and mobility.
Tenneco Inc. (TEN) announced today that it has signed a definitive agreement to acquire Öhlins Racing A.B. (“Öhlins”), a Swedish technology company that develops premium suspension systems and components for the automotive and motorsport industries. “Tenneco’s 20 year relationship with Öhlins has delivered world class products in the intelligent suspension market and provides a strategic entry into advanced performance communities with premium branded products and proprietary Continuously Controlled Electronic Suspension Valve (CES) technology.” said Brian Kesseler, co-CEO, Tenneco.
Hundzinski will report to Roger Wood, Tenneco co-CEO. Hundzinski recently announced his retirement as Chief Financial Officer for BorgWarner Inc. effective December 31, 2018. BorgWarner is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles.
Tenneco Inc. (TEN) will participate in the Baird 2018 Global Industrial Conference to be held in Chicago, Illinois on Thursday, November 8, 2018. Brian Kesseler and Roger Wood, co-Chief Executive Officers, will give a strategic overview and provide information regarding matters impacting Tenneco’s outlook. Headquartered in Lake Forest, Illinois, Tenneco is one of the world’s leading designers, manufacturers and marketers of Ride Performance and Clean Air products and technology solutions for diversified markets, including light vehicle, commercial truck, off-highway equipment and the aftermarket, with 2017 revenues of $9.3 billion and approximately 32,000 employees worldwide.
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
More details are emerging in Tenneco Inc.’s plans for its Kettering facility. As the DBJ first reported, the global automotive parts manufacturer is investing $61 million and plans to hire 300 new employees at the local operation. The plant, which currently has 400 workers, will be transformed into a more prominent operation. The site will become Tenneco’s single center of excellence for shock absorber assembly in north and central U.S. by 2020. In addition, the Kettering plant will become a center of excellence for critical components including valves and rods.
Tenneco Inc. will expand its Kettering operations with a $61.5 million investment and hire an additional 300 employees. The project fortifies Tenneco in Kettering, where it already is among the largest employers with 400 workers. “It’s a huge win for us,” said Gregg Gorsuch, Kettering’s economic development manager. The project comes as Tenneco realigns its manufacturing footprint. It will then transfer business to the ride control facility in Kettering. The Kettering plant — at 555 Woodman Drive — produces parts for the automotive industries. Tenneco officials were not immediately available for comment.
The global manufacturing company reported profit for the quarter of $60 million, or $1.15 a share, compared with $83 million, or $1.57 a share, a year earlier.
Tenneco (TEN) delivered earnings and revenue surprises of 13.33% and 2.38%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Tenneco Inc. (TEN) announced today it will close its original equipment (OE) ride control plants in Owen Sound, Ontario and Hartwell, Georgia as part of an initiative to realign its manufacturing footprint to enhance operational efficiency and respond to changing market conditions and capacity requirements. The company expects to begin transferring current customer business primarily to its ride control facility in Kettering, Ohio, later this year. Tenneco expects to complete the closure of the two facilities near the end of the second quarter of 2020.
LAKE FOREST, Ill.-- -- Record-high third quarter revenue Raises full-year organic revenue growth outlook to 6%, outpacing industry production by 5 percentage points Federal-Mogul acquisition closed on October 1 Tenneco Inc. reported third quarter net income of $60 million, or $1.15 per diluted share in 2018, versus $83 million, or $1.57 per diluted share in the third quarter of 2017. Third quarter ...
Tenneco Inc. (the “Company”) (TEN) will participate in the 42nd Annual Automotive Aftermarket Symposium to be held in Las Vegas on Tuesday, October 30, 2018. Brian Kesseler, co-Chief Executive Officer, will give a strategic overview and provide information regarding matters impacting Tenneco’s outlook. Headquartered in Lake Forest, Illinois, Tenneco is one of the world’s leading designers, manufacturers and marketers of Ride Performance and Clean Air products and technology solutions for diversified markets, including light vehicle, commercial truck, off-highway equipment and the aftermarket, with 2017 revenues of $9.3 billion and approximately 32,000 employees worldwide.
Tenneco (TEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
G.research will host the 42nd Annual Automotive Aftermarket Symposium on Monday, October 29th through Tuesday, October 30th 2018 in Las Vegas, NV. This research meeting will feature presentations by senior management of several leading automotive companies with an emphasis on industry dynamics, EV, and Auto 2.0 megatrends.
The FPA Capital Fund (Trades, Portfolio) sold shares of the following stocks during the third quarter. The fund reduced its SM Energy Co. (SM) holding by 44.83%. Warning! GuruFocus has detected 5 Warning Signs with SM.
Tenneco Inc. (TEN) announced today that its Board of Directors (“Board”) has declared a quarterly cash dividend of $0.25 per share on its Class A Voting Common Stock and its Class B Non-Voting Common Stock. Headquartered in Lake Forest, Illinois, Tenneco is one of the world’s leading designers, manufacturers and marketers of Ride Performance and Clean Air products and technology solutions for diversified markets, including light vehicle, commercial truck, off-highway equipment and the aftermarket, with 2017 revenues of $9.3 billion and approximately 32,000 employees worldwide. On October 1, 2018, Tenneco completed the acquisition of Federal-Mogul LLC, a leading global supplier to original equipment manufacturers and the aftermarket with nearly 55,000 employees globally and 2017 revenues of $7.8 billion.
Auto parts supplier Delphi Technologies Plc said on Friday Chief Executive Officer Liam Butterworth was stepping down, more than ten months after taking the post. The company, which also cut its full-year revenue forecast, said director Hari Nair would be the interim chief and its board has commenced a comprehensive search to identify a permanent CEO. Butterworth had taken the top job in December after Delphi was spun off from Delphi Automotive, now known as Aptiv Plc .