Specialty steel manufacturer Timken (TKR +7.4%) gains after its Q1 beats across the board on...

|About: Timken Co. (TKR)|By:, SA News Editor

Specialty steel manufacturer Timken (TKR +7.4%) gains after its Q1 beats across the board on double-digit growth in earnings and revenue. The company posted solid profit from all major segments, and raises its FY12 guidance to a range of $6.10 - $6.40 per share, with sales estimates rising 7% - 10%.