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Stock Market & Financial Investment News

News Breaks
February 28, 2013
17:06 EDTTKR, GBXGreenbrier sells wheelset roller bearing reconditioning business to Timken
The Greenbrier Companies (GBX) announced it has entered an asset purchase agreement with The Timken Company (TKR) for sale of substantially all the equipment utilized in Greenbrier's reconditioned wheelset roller bearing operations in Elizabethtown, Kentucky. Concurrent with the sale, Greenbrier will enter into a long-term supply agreement with Timken for reconditioned and new bearings. The companies did not disclose the asset purchase price. Closing of the transaction is expected before the conclusion of Greenbrier's Q3 ending May 31.
News For GBX;TKR From The Last 14 Days
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November 18, 2014
08:06 EDTTKRTimken to acquire assets of Revolvo
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November 17, 2014
09:00 EDTTKRTimken management to meet with ISI Group
Meetings to be held in New York on November 17 and in Canada on November 18 hosted by ISI Group.
November 14, 2014
18:05 EDTTKRRelational Investors gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: None. DECREASED STAKES: Mondelez (MDLZ), Manitowoc (MTW), Clean Harbors (CLH), and Hologic (HOLX). LIQUIDATED STAKES: Ingersoll-Rand (IR), B/E Aerospace (BEAV), Timken (TKR), Hess (HES), and NXP Semiconductors (NXPI).

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