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2014-08-13 16:21:09

- Private Offering Includes $350 Million in Aggregate Principal of 3.875 Percent, Due 2024 NORTH CANTON, Ohio, Aug. 13, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced pricing of $350 million aggregate principal amount of 3.875 percent senior notes due 2024 (the "Notes"). The Notes will be issued at 98.901 percent of par and the offering is expected to close on August 20, 2014, subject to customary closing conditions....

2014-08-13 08:31:54

NORTH CANTON, Ohio, Aug. 13, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced it is planning an offering of $300 million in aggregate principal amount of senior notes due 2024 (the "Notes"). http://photos.prnewswire.com/prnvar/20100210/TIMKENLOGO A portion of the net proceeds from this offering will be used to repay the $250 million aggregate principal amount outstanding at maturity on the company's 6 percent unsecured senior notes due September 2014. The...

2014-08-05 08:26:50

NORTH CANTON, Ohio, Aug. 5, 2014 /PRNewswire/ -- The Timken Company's (NYSE: TKR; www.timken.com) board of directors has elected Ajita G. Rajendra a director of the company for a term that expires at its May 2015 annual meeting. The election brings The Timken Company board to 10 directors. http://photos.prnewswire.com/prnvar/20140804/133117 Rajendra serves as the chairman, president and chief executive officer of A. O. Smith Corp. (NYSE: AOS), a $2.2 billion global water technology...

2014-08-01 16:24:54

NORTH CANTON, Ohio, Aug. 1, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR) will present at the 2014 Jefferies Global Industrials Investor Conference on August 13, 2014, at 9:00 a.m. EDT in New York City. http://photos.prnewswire.com/prnvar/20100210/TIMKENLOGO Presenting on behalf of Timken will be Richard G. Kyle, president and chief executive officer, and Philip D. Fracassa, chief financial officer. A live webcast of their presentations will be available for download at...

2014-07-17 16:21:38

NORTH CANTON, Ohio, July 17, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) will release its 2014 second-quarter financial results on Thursday, July 31, 2014, prior to the opening of the New York Stock Exchange. http://photos.prnewswire.com/prnvar/20100210/TIMKENLOGO The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available...

2014-07-09 08:30:33

NORTH CANTON, Ohio, July 9, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is investing $22 million in new customer and sales management tools, designed to improve the customer experience through increased sales force effectiveness. http://photos.prnewswire.com/prnvar/20100210/TIMKENLOGO "Timken is well-recognized in the marketplace for its know-how, engineering skills and service support," said Richard G. Kyle, president and chief executive officer of Timken....

2014-06-30 20:21:01

CANTON, Ohio, June 30, 2014 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today announced the completion of its spinoff from The Timken Company. Timken shareholders of record as of June 23, 2014 receive one share of TimkenSteel common stock (TMST) for every two shares of Timken stock (TKR). Beginning tomorrow, July 1, TMST shares will be issued and commence "regular-way" trading on the New York Stock...

2014-06-30 20:20:58

CANTON, Ohio, June 30, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) announced that it has completed its spinoff of TimkenSteel Corporation, which begins trading as an independent public company tomorrow on the New York Stock Exchange under the symbol "TMST." http://photos.prnewswire.com/prnvar/20100210/TIMKENLOGO "The spinoff offers exceptional opportunity to drive value for both The Timken Company and TimkenSteel Corporation, their respective employees and...

2014-06-19 12:23:47

CANTON, Ohio, June 19, 2014 /PRNewswire/ -- -- Presentations highlight TimkenSteel's niche focus on special bar quality (SBQ) steel, seamless mechanical tubing and value-added supply chain services -- Planned spinoff from The Timken Company expects growth to come from product innovation, expanding markets, organic investments and potential acquisitions -- Issues guidance for 2014 including expected revenue growth of 20-25% over 2013...

2014-06-19 08:31:24

CANTON, Ohio, June 19, 2014 /PRNewswire/ -- -- Raises full-year EPS estimate $0.15/share -- Announces intent to hold $0.25 quarterly dividend post-spin of TimkenSteel -- Board authorizes additional 10M share buyback -- Sets new long-term targets for growth, margins and capital allocation -- Remains on track for June 30 spinoff of TimkenSteel business With the spinoff of its steel business firmly set for June 30, The Timken Company (NYSE: TKR) is...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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