Dana Inc. Announces Fourth-Quarter, Full-Year 2016 Financial Results
Sales for the fourth quarter of 2016 totaled $1.45 billion, compared with $1.38 billion in same period of 2015, representing a 5 percent increase.
Timken Reports Fourth-Quarter, Full-Year 2016 Results, Provides 2017 Outlook
In the fourth quarter, Timken posted net income of $24.1 million or 31 cents per diluted share, versus a net loss of $(35.7) million or $(44 cents) per basic share for the same period a year ago.
Delphi Reports Fourth Quarter, Full Year 2016 Financial Results
For the full year 2016, Delphi reported revenue of $16.7 billion, up 8 percent adjusted for currency exchange, commodity movements, acquisitions and divestitures.
ITW Reports Fourth-Quarter And Full-Year 2016 Results
Total revenue was $3.4 billion, an increase of 4 percent; and the company’s organic growth was 2 percent.
PPG Reports 4th Quarter, Full-Year 2016 Financial Results
The company has reported fourth quarter net sales of $3.5 billion and earnings per diluted share from continuing operations of 29 cents.
Visteon Appoints Christian Garcia As Executive Vice President And Chief Financial Officer
Garcia will lead all financial activities for Visteon, including accounting, treasury, tax, audit and investor relations.
Cooper Standard Reports Record Quarterly Results
During the second quarter of 2016, the company generated net income of $40.9 million, or $2.20 per diluted share, and adjusted EBITDA of $108.5 million on record sales of $879.3 million.
Timken Reports First Quarter 2016 Results
The company has reported adjusted earnings of 46 cents per diluted share (EPS) in the quarter on sales of $684 million.
The Sherwin-Williams Co. To Acquire Valspar For $11.3B
The transaction is expected to close by the end of the first quarter of calendar year 2017.
Tower International Sells Off China Joint Ventures And Part of Its Brazil Operations
The company also stated that it continues to look at the potential sale of its European operations.
