Seeking Alpha

TKR
Timken Co.

5/26/2012, 3:17 PM ET
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TKR Market Currents more »
  • April 25 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%. [On the Move, Earnings]
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Company Description

The Company was founded in 1899 by Henry Timken, who received two patents on the design of a tapered roller bearing. Timken grew to become the world’s largest manufacturer of tapered roller bearings. Over the years, the Company has expanded its breadth of bearing products beyond tapered roller... More