Tenneco Automotive (TEN) 53.54 $TEN
Tenaris Subscribes to Additional Shares in Usiminas Capital Increase
Marketwired - Thu Jun 09, 5:05PM CDT
LUXEMBOURG--(Marketwired - Jun 9, 2016) - Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) announced today, in connection with the previously-announced issuance of 200 million ordinary shares of Usinas Siderúrgicas de Minas Gerais - Usiminas at BRL 5.0 per share, that all entities within the Ternium/Tenaris Group (including TenarisConfab) have exercised their rights to subscribe to their corresponding portion of the shares left unsubscribed in the initial subscription round.
TEN: 53.54 (-0.84), TS: 27.76 (-0.64)
Zacks Industry Outlook Highlights: Tesla Motors, Volkswagen AG, Meritor, Tenneco and Magna International
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
Zacks Industry Outlook Highlights: Tesla Motors, Volkswagen AG, Meritor, Tenneco and Magna International
TEN: 53.54 (-0.84), TSLA: 217.87 (-0.92), MGA: 39.34 (-1.03), MTOR: 8.32 (-0.03)
Tenneco Prices $500 Million of 5.00% Senior Notes Due 2026
BusinessWire - Mon Jun 06, 5:30PM CDT
Tenneco Inc. (NYSE: TEN) today announced that it has priced an offering of $500 million 5.00% senior notes due 2026. Tenneco intends to use the net proceeds of this offering, together with cash on hand or available liquidity, to purchase any and all of its outstanding $500 million 6 7/8% senior notes due 2020 tendered in the tender offer launched June 6, 2016 and to redeem any of such notes that are not tendered. Tenneco anticipates that the refinancing will result in an annualized reduction of its interest expense of approximately $9 million. Tenneco expects to record a charge in the second quarter of approximately $25 million in respect of the purchase of its 6 7/8% senior notes. The offering is not conditioned upon the consummation of the tender offer.
TEN: 53.54 (-0.84)
Fitch Rates Tenneco's Proposed Notes 'BB+/RR4'
BusinessWire - Mon Jun 06, 12:59PM CDT
Fitch Ratings has assigned a rating of 'BB+/RR4' to Tenneco Inc.'s (TEN) $500 million in proposed senior unsecured notes due 2026. Fitch rates TEN's Long-Term Issuer-Default Rating (IDR) 'BB+'/Stable Outlook.
TEN: 53.54 (-0.84)
Tenneco Commences Tender Offer for Its 6 7/8% Senior Notes Due 2020
BusinessWire - Mon Jun 06, 7:09AM CDT
Tenneco Inc. (NYSE: TEN) announced today that it has commenced a cash tender offer for any and all of its outstanding $500 million 6 7/8% Senior Notes due 2020. The tender offer is being made on the terms and subject to the conditions set forth in the offer to purchase dated June 6, 2016 and the related letter of transmittal.
TEN: 53.54 (-0.84)
Tenneco Falls 2.49% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jun 01, 3:44PM CDT
Tenneco (NYSE:TEN) traded in a range yesterday that spanned from a low of $51.85 to a high of $53.22. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $53.51 on volume of 472,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TEN: 53.54 (-0.84)
SmarTrend Watching for Potential Rebound in Shares of Tenneco After 2.49% Loss
Comtex SmarTrend(R) - Wed Jun 01, 3:42PM CDT
Tenneco (NYSE:TEN) traded in a range yesterday that spanned from a low of $51.85 to a high of $53.22. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $53.51 on volume of 472,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TEN: 53.54 (-0.84)
Tenaris Participates in Usiminas Capital Increase
Marketwire Canada - Mon May 23, 4:06PM CDT
LUXEMBOURG--(Marketwired - May 23, 2016) - Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) announced today, by the expiration of the initial subscription round of the proposed issuance of 200 million ordinary shares of Usinas Siderúrgicas de Minas Gerais - Usiminas at an amount of BRL 5.0 per share, that each of the entities within the Ternium/Tenaris Group, or T/T Group, (including TenarisConfab) has exercised its preemptive rights in connection with the share issuance and has also indicated its willingness to subscribe ordinary shares not subscribed by Usiminas' current shareholders up to a maximum number to be specified in due course.
TEN: 53.54 (-0.84), TS: 27.76 (-0.64)
Why Auto Parts' Stocks are on Investors' Radar? - American Axle & Manufacturing, Meritor, Visteon, and Tenneco
PR Newswire - Fri May 20, 7:40AM CDT
Today, ActiveWallSt.com steers investors' attention back on these four Auto Parts equities: American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Meritor Inc. (NYSE: MTOR), Visteon Corp. (NYSE: VC), and Tenneco Inc. (NYSE: TEN). Do not miss out on these stocks by signing up today for our free trade alerts:
TEN: 53.54 (-0.84), VC: 72.49 (-1.13), AXL: 15.78 (-0.68), MTOR: 8.32 (-0.03)
Tenneco Announces Results of 2016 Annual Meeting
BusinessWire - Wed May 18, 5:25PM CDT
Tenneco Inc. (NYSE: TEN) announced at its annual meeting today that its shareholders elected Thomas C. Freyman, Dennis J. Letham, James S. Metcalf, Roger B. Porter, David B. Price, Jr., Gregg M. Sherrill, Paul T. Stecko, Jane L. Warner and Roger J. Wood to the company's board of directors. The directors have been elected to serve a term expiring at the 2017 annual meeting of stockholders.
TEN: 53.54 (-0.84)
Tenneco to Webcast Annual Meeting May 18, 2016
BusinessWire - Tue May 17, 9:02AM CDT
Tenneco Inc. (NYSE: TEN) will hold its annual meeting of stockholders on Wednesday, May 18, 2016 at 10:00 a.m. CDT. The meeting will be at the company's corporate headquarters located at 500 North Field Drive, Lake Forest, Illinois, 60045. Holders of common stock of record at the close of business on March 21, 2016 will be entitled to vote at the meeting or by proxy on the items of business as set forth in the proxy statement.
TEN: 53.54 (-0.84)
Shareholders Approve All Resolutions on the Agenda of Tenaris's Annual General Meeting
Marketwired - Wed May 04, 3:54PM CDT
LUXEMBOURG--(Marketwired - May 4, 2016) - Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) announced that its annual general meeting of shareholders approved today all resolutions on the agenda.
TEN: 53.54 (-0.84), TS: 27.76 (-0.64)
Tenaris Files 2015 Form 20-F
Marketwire Canada - Mon May 02, 4:19PM CDT
Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) ("Tenaris"
announces that it has filed its annual report on Form 20-F for the year ended December 31, 2015 with the U.S. Securities and Exchange Commission (SEC). The annual report can be downloaded from the SEC website at www.sec.gov and from Tenaris's website at www.tenaris.com/investors. Holders of Tenaris's shares and ADSs, and any other interested parties, may request a hard copy of the annual report, free of charge, through our website at http://ir.tenaris.com/investorkit.cfm.
TEN: 53.54 (-0.84), TS: 27.76 (-0.64)
Tenneco (TEN) Q1 Earnings Beat Estimates, '16 View Raised
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 5:41AM CDT
Tenneco Inc. (TEN) reported adjusted earnings per share of $1.17 in the first quarter of 2016 that surpassed the Zacks Consensus Estimate of $1.11
TEN: 53.54 (-0.84), SUP: 27.26 (-0.39), FDML: 7.97 (-0.10), LEA: 113.08 (-2.12)
Downgrade Alert for Tenneco (TEN)
Comtex SmarTrend(R) - Thu Apr 28, 3:43AM CDT
Tenneco (NYSE:TEN) was downgraded from Outperform to Market Perform at Wells Fargo today. The stock closed yesterday at $54.86 on volume of 1.7 million shares, above average daily volume of 457,000. Tenneco Inc. designs, manufactures, and markets emission control and ride control products and systems for the automotive original equipment market and the aftermarket. The Company's products include shocks and struts, shock absorbers, mufflers, and performance exhaust products, as well as noise, vibration, and harshness control components.
TEN: 53.54 (-0.84)
Tenaris Announces 2016 First Quarter Results
Marketwire Canada - Wed Apr 27, 9:52PM CDT
Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) ("Tenaris" today announced its results for the quarter ended March 31, 2016 in comparison with its results for the quarter ended March 31, 2015.
TEN: 53.54 (-0.84), TX: 19.30 (-0.23), TS: 27.76 (-0.64)
Tenaris Subscribes to Additional Shares in Usiminas Capital Increase
Marketwired - Thu Jun 09, 5:05PM CDT
LUXEMBOURG--(Marketwired - Jun 9, 2016) - Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) announced today, in connection with the previously-announced issuance of 200 million ordinary shares of Usinas Siderúrgicas de Minas Gerais - Usiminas at BRL 5.0 per share, that all entities within the Ternium/Tenaris Group (including TenarisConfab) have exercised their rights to subscribe to their corresponding portion of the shares left unsubscribed in the initial subscription round.
TEN: 53.54 (-0.84), TS: 27.76 (-0.64)
Zacks Industry Outlook Highlights: Tesla Motors, Volkswagen AG, Meritor, Tenneco and Magna International
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
Zacks Industry Outlook Highlights: Tesla Motors, Volkswagen AG, Meritor, Tenneco and Magna International
TEN: 53.54 (-0.84), TSLA: 217.87 (-0.92), MGA: 39.34 (-1.03), MTOR: 8.32 (-0.03)
Tenneco Prices $500 Million of 5.00% Senior Notes Due 2026
BusinessWire - Mon Jun 06, 5:30PM CDT
Tenneco Inc. (NYSE: TEN) today announced that it has priced an offering of $500 million 5.00% senior notes due 2026. Tenneco intends to use the net proceeds of this offering, together with cash on hand or available liquidity, to purchase any and all of its outstanding $500 million 6 7/8% senior notes due 2020 tendered in the tender offer launched June 6, 2016 and to redeem any of such notes that are not tendered. Tenneco anticipates that the refinancing will result in an annualized reduction of its interest expense of approximately $9 million. Tenneco expects to record a charge in the second quarter of approximately $25 million in respect of the purchase of its 6 7/8% senior notes. The offering is not conditioned upon the consummation of the tender offer.
TEN: 53.54 (-0.84)
Fitch Rates Tenneco's Proposed Notes 'BB+/RR4'
BusinessWire - Mon Jun 06, 12:59PM CDT
Fitch Ratings has assigned a rating of 'BB+/RR4' to Tenneco Inc.'s (TEN) $500 million in proposed senior unsecured notes due 2026. Fitch rates TEN's Long-Term Issuer-Default Rating (IDR) 'BB+'/Stable Outlook.
TEN: 53.54 (-0.84)
Tenneco Commences Tender Offer for Its 6 7/8% Senior Notes Due 2020
BusinessWire - Mon Jun 06, 7:09AM CDT
Tenneco Inc. (NYSE: TEN) announced today that it has commenced a cash tender offer for any and all of its outstanding $500 million 6 7/8% Senior Notes due 2020. The tender offer is being made on the terms and subject to the conditions set forth in the offer to purchase dated June 6, 2016 and the related letter of transmittal.
TEN: 53.54 (-0.84)
Tenneco Falls 2.49% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jun 01, 3:44PM CDT
Tenneco (NYSE:TEN) traded in a range yesterday that spanned from a low of $51.85 to a high of $53.22. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $53.51 on volume of 472,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TEN: 53.54 (-0.84)
SmarTrend Watching for Potential Rebound in Shares of Tenneco After 2.49% Loss
Comtex SmarTrend(R) - Wed Jun 01, 3:42PM CDT
Tenneco (NYSE:TEN) traded in a range yesterday that spanned from a low of $51.85 to a high of $53.22. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $53.51 on volume of 472,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TEN: 53.54 (-0.84)
Tenaris Participates in Usiminas Capital Increase
Marketwire Canada - Mon May 23, 4:06PM CDT
LUXEMBOURG--(Marketwired - May 23, 2016) - Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) announced today, by the expiration of the initial subscription round of the proposed issuance of 200 million ordinary shares of Usinas Siderúrgicas de Minas Gerais - Usiminas at an amount of BRL 5.0 per share, that each of the entities within the Ternium/Tenaris Group, or T/T Group, (including TenarisConfab) has exercised its preemptive rights in connection with the share issuance and has also indicated its willingness to subscribe ordinary shares not subscribed by Usiminas' current shareholders up to a maximum number to be specified in due course.
TEN: 53.54 (-0.84), TS: 27.76 (-0.64)
Why Auto Parts' Stocks are on Investors' Radar? - American Axle & Manufacturing, Meritor, Visteon, and Tenneco
PR Newswire - Fri May 20, 7:40AM CDT
Today, ActiveWallSt.com steers investors' attention back on these four Auto Parts equities: American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Meritor Inc. (NYSE: MTOR), Visteon Corp. (NYSE: VC), and Tenneco Inc. (NYSE: TEN). Do not miss out on these stocks by signing up today for our free trade alerts:
TEN: 53.54 (-0.84), VC: 72.49 (-1.13), AXL: 15.78 (-0.68), MTOR: 8.32 (-0.03)
Tenneco Announces Results of 2016 Annual Meeting
BusinessWire - Wed May 18, 5:25PM CDT
Tenneco Inc. (NYSE: TEN) announced at its annual meeting today that its shareholders elected Thomas C. Freyman, Dennis J. Letham, James S. Metcalf, Roger B. Porter, David B. Price, Jr., Gregg M. Sherrill, Paul T. Stecko, Jane L. Warner and Roger J. Wood to the company's board of directors. The directors have been elected to serve a term expiring at the 2017 annual meeting of stockholders.
TEN: 53.54 (-0.84)
Tenneco to Webcast Annual Meeting May 18, 2016
BusinessWire - Tue May 17, 9:02AM CDT
Tenneco Inc. (NYSE: TEN) will hold its annual meeting of stockholders on Wednesday, May 18, 2016 at 10:00 a.m. CDT. The meeting will be at the company's corporate headquarters located at 500 North Field Drive, Lake Forest, Illinois, 60045. Holders of common stock of record at the close of business on March 21, 2016 will be entitled to vote at the meeting or by proxy on the items of business as set forth in the proxy statement.
TEN: 53.54 (-0.84)
Shareholders Approve All Resolutions on the Agenda of Tenaris's Annual General Meeting
Marketwired - Wed May 04, 3:54PM CDT
LUXEMBOURG--(Marketwired - May 4, 2016) - Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) announced that its annual general meeting of shareholders approved today all resolutions on the agenda.
TEN: 53.54 (-0.84), TS: 27.76 (-0.64)
Tenaris Files 2015 Form 20-F
Marketwire Canada - Mon May 02, 4:19PM CDT
Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) ("Tenaris"
announces that it has filed its annual report on Form 20-F for the year ended December 31, 2015 with the U.S. Securities and Exchange Commission (SEC). The annual report can be downloaded from the SEC website at www.sec.gov and from Tenaris's website at www.tenaris.com/investors. Holders of Tenaris's shares and ADSs, and any other interested parties, may request a hard copy of the annual report, free of charge, through our website at http://ir.tenaris.com/investorkit.cfm. TEN: 53.54 (-0.84), TS: 27.76 (-0.64)
Tenneco (TEN) Q1 Earnings Beat Estimates, '16 View Raised
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 5:41AM CDT
Tenneco Inc. (TEN) reported adjusted earnings per share of $1.17 in the first quarter of 2016 that surpassed the Zacks Consensus Estimate of $1.11
TEN: 53.54 (-0.84), SUP: 27.26 (-0.39), FDML: 7.97 (-0.10), LEA: 113.08 (-2.12)
Downgrade Alert for Tenneco (TEN)
Comtex SmarTrend(R) - Thu Apr 28, 3:43AM CDT
Tenneco (NYSE:TEN) was downgraded from Outperform to Market Perform at Wells Fargo today. The stock closed yesterday at $54.86 on volume of 1.7 million shares, above average daily volume of 457,000. Tenneco Inc. designs, manufactures, and markets emission control and ride control products and systems for the automotive original equipment market and the aftermarket. The Company's products include shocks and struts, shock absorbers, mufflers, and performance exhaust products, as well as noise, vibration, and harshness control components.
TEN: 53.54 (-0.84)
Tenaris Announces 2016 First Quarter Results
Marketwire Canada - Wed Apr 27, 9:52PM CDT
Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) ("Tenaris"
today announced its results for the quarter ended March 31, 2016 in comparison with its results for the quarter ended March 31, 2015. TEN: 53.54 (-0.84), TX: 19.30 (-0.23), TS: 27.76 (-0.64)
