Tenneco Likely to Benefit from Tighter Emission Regulations - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 22, 11:50AM CST
On Dec 19, 2014, we issued an updated research report on Tenneco Inc. (TEN)
TEN: 56.53 (-0.27), STRT: 83.60 (-0.37), GNTX: 36.81 (-0.03), ALSN: 33.94 (+0.05)
Cheaper oil good for Ford and GM, but not for Tesla
Seeking Alpha - at Seeking Alpha - Fri Dec 19, 4:58PM CST
TEN: 56.53 (-0.27), TSLA: 222.26 (+1.29), F: 15.30 (-0.03), GT: 28.22 (-0.05), AXL: 22.65 (+0.15), GM: 33.43 (-0.13), TOWR: 25.41 (-0.15), LEA: 98.23 (-0.23)
Auto Parts and Equipment Equities Coverage -- TRW Automotive Holdings, Delphi Automotive, Dana Holding, American Axle and Manufacturing Holdings, and Tenneco
PR Newswire - Thu Dec 18, 7:35AM CST
Investor-Edge has initiated coverage on the following equities: TRW Automotive Holdings Corporation (NYSE: TRW), Delphi Automotive PLC (NYSE: DLPH), Dana Holding Corporation (NYSE: DAN), American Axle and Manufacturing Holdings Inc. (NYSE: AXL), and Tenneco Inc. (NYSE: TEN). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Wednesday, December 17, 2014, the NASDAQ Composite ended at 4,644.31, up 2.12%, the Dow Jones Industrial Average advanced 1.69%, to finish the day at 17,356.87, and the S&P 500 closed at 2,012.89, up 2.04%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 551.53, up 1.92%, with the index also advancing 1.97% in the previous three months. Register for your complimentary reports on these five stocks at:
TEN: 56.53 (-0.27), AXL: 22.65 (+0.15), DAN: 21.43 (-0.02), DLPH: 73.45 (-0.42), TRW: 102.65 (-0.02)
Tenneco announces amendment and restatement of its senior credit facility with new USD1.5bn facility
M2 - Tue Dec 09, 6:08AM CST
Tenneco Inc (NYSE:TEN), a company that designs, manufactures and markets vehicular clean air and ride performance products and systems, has signed an amendment and restatement to refinance its existing senior credit facility with a new USD1.5bn senior credit facility, it stated on Tuesday.
TEN: 56.53 (-0.27)
Tenneco Supplies Monroe(R) Intelligent Suspension on New Renault Espace
Business Wire - Mon Dec 08, 4:47PM CST
Tenneco (NYSE: TEN) announced today that Renault has chosen the latest generation of Tenneco's Continuously Variable Semi-Active suspension system (CVSAe) for the new Espace which made its debut at the Paris Motor Show.
TEN: 56.53 (-0.27)
Tenneco Amends and Restates Its Senior Credit Facility
Business Wire - Mon Dec 08, 3:44PM CST
Tenneco Inc. (NYSE: TEN) announced today that it has entered into an amendment and restatement to refinance its existing $1.063 billion senior credit facility with a new $1.5 billion senior credit facility. This refinancing, which closed earlier today, will enhance Tenneco's financial flexibility by lowering annual interest expense, and increasing the size and extending the term of its revolving credit facility and term loan facility.
TEN: 56.53 (-0.27)
Tenneco Completes Consent Solicitation and Indenture Amendments for 7 3/4% Senior Notes Due 2018
Business Wire - Fri Dec 05, 11:51AM CST
Tenneco Inc. (NYSE: TEN) announced today that it has received the requisite tenders and consents from holders of its outstanding $225 million 7 3/4% Senior Notes due 2018 (the "2018 Notes"
TEN: 56.53 (-0.27)
Global Strategic Analysis Of Passenger Car Energy Recovery Systems (EVS, HVS & PHEVS) Market - Trends and forecast to 2019
M2 - Wed Dec 03, 10:29AM CST
Research and Markets (http://www.researchandmarkets.com/research/p7q59s/strategic) has announced the addition of the "Strategic Analysis Of Passenger Car Energy Recovery Systems Market By Passenger Car Type, By Region, By Regenerative Braking, By Waste Heat Recovery System & By KERS - Global Trends and forecast to 2019" report to their offering. Automotive energy recovery systems: The market size, in terms of volume, is projected to grow at a promising CAGR of 9.03% to reach 139.4 million units by 2019. Currently, the automotive industry is more inclined towards the use of advanced technologies to reduce the emissions and increase the fuel economy, thereby controlling the increased NOX and CO2 levels in the environment. Hence, the energy recovery systems play an important role in achieving both the targets. Energy recovery systems have evolved as a result of the need for better fuel-efficiency, economy, and better vehicle performance. Energy recovery systems in various forms are the systems that provide the vehicle with the aforementioned features, which prompted companies to invest extensively in these systems. The automotive energy recovery systems market is driven by the factors such as stringent fuel emission norms, increased demand of improved vehicle performance, and inclination of consumers towards environment-friendly vehicles. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Automotive Energy Recovery Systems Market, By Regenerative Braking System 8 Automotive Energy Recovery Systems Market, By Waste Heat Recovery System 9 Automotive Energy Recovery Systems Market, By Kinetic Energy Recovery System Market 10 Competitive Landscape 11 Company Profiles Companies Mentioned: - Continental Ag - Delphi Automotive PLC - Denso Corporation - Faurecia SA - Gentherm Incorporated - Panasonic - Ricardo PLC - Robert Bosch GMBH - TRW - Tenneco Inc. - Torotrak PLC For more information visit http://www.researchandmarkets.com/research/p7q59s/strategic
TEN: 56.53 (-0.27), TRW: 102.65 (-0.02), DLPH: 73.45 (-0.42), ERII: 5.06 (-0.03)
Broad rally in auto parts stocks
Seeking Alpha - at Seeking Alpha - Wed Dec 03, 9:06AM CST
TEN: 56.53 (-0.27), SRI: 12.42 (-0.04), ALV: 106.19 (-0.42), AXL: 22.65 (+0.15), DAN: 21.43 (-0.02), FDML: 15.99 (-0.40), JCI: 48.50 (-0.23), THRM: 38.25 (-0.11)
Tenneco Introduces New Large Engine SCR System for Marine Applications
Business Wire - Wed Dec 03, 8:00AM CST
Tenneco (NYSE: TEN), a leading global supplier of Clean Air aftertreatment technologies today announced that it has introduced a complete urea dosing control, fluid handling and catalyst solution for selective catalytic reduction (SCR) aftertreatment, enabling large engines to meet EPA Tier IV and IMO Tier III regulations. The company will showcase the complete system at the 2014 WorkBoat Show in New Orleans Dec. 3-5, 2014 (Booth #2152).
TEN: 56.53 (-0.27)
Tenneco prices offering of USD225m of senior notes due 2024
M2 - Wed Dec 03, 7:10AM CST
Tenneco Inc (NYSE:TEN), a designer, manufacturer and marketer of clean air and ride performance products, announced on Wednesday that it has priced an offering of USD225m of 5 3/8% senior notes due 2024.
TEN: 56.53 (-0.27)
Tenneco Prices $225 Million of 5 3/8% Senior Notes Due 2024
Business Wire - Tue Dec 02, 4:41PM CST
Tenneco Inc. (NYSE: TEN) today announced that it has priced an offering of $225 million of 5 3/8% senior notes due 2024. Tenneco intends to use the proceeds of this offering net of related fees and expenses, together with cash on hand or available liquidity, to purchase any and all of its outstanding $225 million 7 3/4% senior notes due 2018 tendered in the tender offer launched November 20, 2014 and to redeem any of such notes that are not tendered. These transactions are expected to reduce Tenneco's annual interest expense by approximately $5 million. Tenneco expects to record a charge in the fourth quarter of approximately $13 million in respect of the solicitation of consents and purchase of its 7 3a"4% senior notes. The offering is not conditioned upon the consummation of the tender offer.
TEN: 56.53 (-0.27)
Fitch Rates Tenneco's Proposed Notes 'BB'
Business Wire - Tue Dec 02, 2:50PM CST
Fitch Ratings has assigned a rating of 'BB' to Tenneco Inc.'s (TEN) $225 million in proposed senior unsecured notes due 2024. A full list of TEN's ratings follows at the end of this release.
TEN: 56.53 (-0.27)
Tenneco Commences Tender Offer and Consent Solicitation for its 7 3/4% Senior Notes Due 2018
Business Wire - Thu Nov 20, 5:00PM CST
Tenneco Inc. (NYSE: TEN) announced today that it has commenced a cash tender offer for any and all of its outstanding $225 million 7 3/4% Senior Notes due 2018 and a solicitation of consents to certain proposed amendments to the indenture governing the notes. The proposed amendments would eliminate substantially all restrictive covenants and certain event of default provisions in the indenture and reduce the minimum notice period to call the notes from 30 to 5 days.
TEN: 56.53 (-0.27)
Tenneco Larger Than S&P 500 Component Denbury Resources
TheOnlineInvestor.com - Wed Nov 19, 3:40PM CST
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Tenneco Inc was identified as having a larger market cap than the smaller end of the S&P 500, for example Denbury Resources, Inc. , according to The...
TEN: 56.53 (-0.27)
Tenneco Equips All-New Volvo XC90 First Edition with Monroe(R) Intelligent Suspension
Business Wire - Thu Nov 13, 3:15PM CST
Tenneco Inc. (NYSE: TEN) announced today that the Volvo Car Group has chosen the latest generation of Tenneco's Continuously Variable Semi-Active suspension (CVSAe) as a standard feature on its limited run XC90 First Edition.
TEN: 56.53 (-0.27)
Tenneco to Webcast Presentation at Goldman Sachs Industrials Conference
Business Wire - Thu Nov 06, 11:06AM CST
Tenneco Inc. (NYSE: TEN) will participate in Goldman Sachs Industrials Conference to be held in Boston, MA on Wednesday, November 12, 2014. The webcasted presentation is scheduled to begin at 10:00 a.m. Eastern and run for 35 minutes. Tenneco's Chairman and Chief Executive Officer, Gregg Sherrill, will present a general overview of the company and provide information regarding matters impacting the company's outlook.
TEN: 56.53 (-0.27)
Tenaris Announces 2014 Third Quarter Results
Marketwired - Wed Nov 05, 3:46PM CST
Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) ("Tenaris"
TEN: 56.53 (-0.27), TX: 17.66 (-0.03), TS: 29.84 (-0.33)
Signs of strong demand boosts auto supplier stocks
Seeking Alpha - at Seeking Alpha - Wed Nov 05, 8:59AM CST
TEN: 56.53 (-0.27), CPS: 58.76 (+0.60), MNRO: 58.17 (+0.35), DAN: 21.43 (-0.02), MTOR: 14.72 (+0.24), WBC: 105.57 (-0.50)