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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
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May 1, 2015
10:00 EDTTWIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CVR Refining (CVRR) upgraded to Neutral from Underperform at Credit Suisse... Cash America (CSH) upgraded to Outperform from Market Perform at JMP Securities... Chipotle (CMG) upgraded on positive catalysts at BMO Capital... Cypress Semiconductor (CY) upgraded to Strong Buy from Buy at Needham... Energy Transfer Equity (ETE) upgraded to Strong Buy from Outperform at Raymond James... Expedia (EXPE) upgraded to Outperform from Sector Perform at RBC Capital... Immersion (IMMR) upgraded to Buy from Hold at Ascendiant... Integra LifeSciences (IART) upgraded to Outperform from Market Perform at Wells Fargo... Key Energy (KEG) upgraded to Neutral from Reduce at Global Hunter... Limelight Networks (LLNW) upgraded to Buy from Neutral at B. Riley... Live Nation (LYV) upgraded followin strong core results at Stifel... Mosaic (MOS) upgraded to Outperform from Sector Perform at RBC Capital... Ocwen (OCN) upgraded to Buy from Neutral at Sterne Agee CRT... Pacific Biosciences (PACB) upgraded to Outperform from Market Perform at William Blair... Pinnacle Financial (PNFP) upgraded to Buy from Hold at Sandler O'Neill... SPX Corp. (SPW) upgraded to Overweight from Neutral at JPMorgan... Titan International (TWI) upgraded to Buy from Hold at Feltl... Ultra Petroleum (UPL) upgraded to Market Perform from Underperform at Raymond James... United Insurance (UIHC) upgraded to Outperform from Market Perform at Keefe Bruyette... Western Union (WU) upgraded to Outperform from Market Perform at Wells Fargo... Zayo Group (ZAYO) upgraded to Strong Buy from Outperform at Raymond James.
09:22 EDTTWITitan International upgraded to Buy from Hold at Feltl
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April 30, 2015
08:06 EDTTWITitan International reports Q1 adjusted EPS 1c, consensus (4c)
Reports Q1 revenue $402.06M, consensus $467.2M

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