New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 3, 2012
10:50 EDTTWITitan International sees overall market percentage up in 2013
Titan International Chairman & CEO Maurice Taylor stated, in reference to 2013, "Farm will be good in North America and our capacity expansion should increase Titanís overall market percentage. South Americaís farm sales should grow more than 10% and again, with our capacity expanding, we should increase our market share. We believe Europe will be down and that is the one negative spot worldwide. Russia should be a big growth area over the next five years and is a great opportunity. The construction market will likely continue to be in a sorry state except in Russia and Brazil, which should turn advantageous for Titan. The earthmoving business still has life and is going to be good for Titan as long as we take care of production. The other large event will be the growth of the Titan Mining Service business with new locations in Chile, Peru, South Africa, Australia and Eastern Canada. We are very excited about building this business. Titan will also announce some new acquisitions either before the end of the year or shortly after." The company said its targets for 2013 include revenue $2.4B-$2.7B, EBITDA $340M-$400M, Cap Ex $72M and R&D $11M.
News For TWI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 26, 2015
17:03 EDTTWITitan International announces reincorporation
Titan International announced that it has completed its reincorporation from the State of Illinois to the State of Delaware. Titan will continue to operate its business as it existed immediately prior to the reincorporation and shares of Titan will continue to be listed on the NYSE under the symbol "TWI." The reincorporation was approved by the company's stockholders at the 2015 Annual Meeting of Stockholders held June 4. Each outstanding share of Titan's common stock will be automatically converted into one share of common stock of a newly-formed Delaware corporation that is named "Titan International, Inc." and each stock certificate representing issued and outstanding shares of the former Illinois-domiciled Titan will represent the same number of shares of the Delaware-domiciled Titan.

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