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Tag: timken
CalSTRS, Relational Investors move forward with proposal to split Timken
2013-04-04 05:43:37| Industrial Machines - Topix.net
CalSTRS and Relational Investors reaffirmed the CalSTRS proposal to split Timken Co.
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move
split
proposal
Historical Society receives $60,000 from Timken Foundation
2013-04-03 06:30:58| Industrial Machines - Topix.net
Photo courtesy of the Union County Historical Society Timken Tyger River Plant Manager Bob Hart presents Ola Jean Kelly, executive director of the Union County Museum, with a check for $60,000 Friday afternoon.
Tags: society
foundation
historical
receives
Timken says top shareholder's break-up analysis flawed
2013-04-01 19:29:28| Industrial Machines - Topix.net
Industrial conglomerate Timken Co reiterated that it will not split its steel and bearings businesses despite pressure from its top shareholder, and said the investor's analysis of benefits from a break-up had serious flaws.
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analysis
shareholders
flawed
UPDATE 2-Relational says has strong support for Timken breakup
2013-02-20 09:10:38| Industrial Machines - Topix.net
Investment firm Relational Investors LLC has strong shareholder support for its campaign to break up Timken Co and will continue to press its case until the company splits into two publicly traded companies, Relational founder Ralph Whitworth said on Tuesday.
Tags: support
update
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breakup
Timken Upgraded by Bank of America to "Buy"
2013-02-05 07:12:16| Industrial Machines - Topix.net
The firm currently has a $70.00 target price on the stock, up from their previous target price of $54.00. The analysts wrote, "We like the stock as 1) a cyclical recovery story with bottomed out expectations, 2) a well-run, ROIC company that will be further incentivized to deliver value due to continued activist pressure, and 3) a beneficiary of ... (more)
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