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Stock Market & Financial Investment News

News Breaks
February 27, 2013
12:02 EDTTOWRTower International rises 11.7%
Tower International is up 11.7%, or $1.31, to $12.47
News For TOWR From The Last 14 Days
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July 31, 2014
08:38 EDTTOWRTower International raises FY14 adjusted EPS to $2.95-$3.05 from $2.90
FY14 EPS consensus of $3.03. Raises FY14 revenue to $2.2B-$2.23B from $2.18B, consensus $2.2B. Raises FY14 adjusted EBITDA $217M-$220M, up $2M-$5M from prior guidance. Tower's business model is revised to increase the target for adjusted free cash flow to 4% of revenue in 2016, up from the prior target of 3% of revenue by 2015, reflecting anticipated further improvement in adjusted EBITDA less capital expenditures and a further decrease in interest expense.
08:38 EDTTOWRTower International reports Q2 EPS 93c, consensus 81c
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