New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 18, 2014
10:26 EDTTRSTriMas management to meet with Deutsche Bank
Meeting to be held in Houston on June 18 hosted by Deutsche Bank.
News For TRS From The Last 14 Days
Check below for free stories on TRS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 24, 2014
09:59 EDTTRSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:28 EDTTRSTriMas downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded TriMas to Market Perform citing expectations for slower growth potential and margin improvement following the company's guidance cut. Wells lowered its price target range for shares to $28-$31 from $40-$43.
September 23, 2014
10:02 EDTTRSOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:32 EDTTRSTriMas upgraded to Speculative Buy from Accumulate at Global Hunter
Subscribe for More Information
September 22, 2014
13:54 EDTTRSTriMas removed from Barrington Best Ideas List at Barrington
Subscribe for More Information
12:16 EDTTRSOn The Fly: Midday Wrap
Subscribe for More Information
11:50 EDTTRSTriMas plummets to 52-week low after cutting fiscal 2014 outlook
Subscribe for More Information
07:12 EDTTRSTriMas to host conference call
Subscribe for More Information
07:08 EDTTRSTriMas expects to obtain all clearance for Allfast deal by October end
Subscribe for More Information
07:04 EDTTRSTriMas to acquire Allfast Fastening Systems for $360M
Subscribe for More Information
07:02 EDTTRSTriMas cuts FY14 EPS view to $1.85-$1.95 from $2.15-$2.25
Consensus is $2.17. The company estimates that 2014 sales will increase 6%-7% as compared to 2013, consensus $1.5B. In addition, the company has maintained its guidance of $55M-$65M of Free Cash Flow, defined as Cash Flow from Operating Activities less Capital Expenditures, in 2014. As previously indicated, we have faced both external market pressures and operational challenges in our Energy and Aerospace businesses to date in 2014,” said David Wathen, TriMas President and CEO. “While we have taken actions to improve the performance in these segments, the reality is that the improvements have not taken place at the expected pace. In addition, our Cequent businesses have faced and will continue to face additional margin pressures during the back half of 2014. We do not take lightly the need to adjust market expectations and continue to focus on capturing the opportunities and mitigating the risks we face in these choppy end markets. While we do see positive trends in certain businesses, these trends are expected to be more than offset by the recent headwinds. We are taking actions to effectively address these challenges and remain positive on the longer-term prospects for EPS growth in our business.”
07:01 EDTTRSTriMas cuts FY guidance
06:57 EDTTRSTriMas trading halted, pending news
Subscribe for More Information
September 18, 2014
13:19 EDTTRSTriMas management to meet with Jefferies
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use