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News Breaks | | | | December 3, 2012 | | 15:55 EDT |  | TWI, TWI, TWI | Titan International to host conference call
2013 financial guidance conference call is being held on December 6 at 4:30 pm. | |
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News For TWI From The Last 14 Days Check below for free stories on TWI the last two weeks. |
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| June 10, 2013 | | 12:11 EDT |  | TWI | On The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after S&P raised its outlook on the U.S. economy, Chinese data disappointed and Japanese stocks rallied. Stocks began the session higher but the averages turned mixed within minutes and passed back and forth across the flatline in the early minutes of the trading day. The averages made a definitive move higher about an hour into trading and have remained in positive territory since. ECONOMIC EVENTS: In the U.S., ratings agency Standard & Poor's upgraded its outlook for the U.S. economy to stable from negative, pointing to the strengthening economy and the dollar's status as the world's "key reserve currency" as contributors to its decision. In Asia, Chinese exports posted their lowest growth in almost a year in May, while inflation, growth in bank lending and investment came in below expectations. Also, factory output and retail sales grew at a pace that was similar to previous months. However, in Japan, the Nikkei index rallied nearly 5% after the nation's gross domestic product expanded by an annualized 4.1% in the first quarter, which was stronger than the prior 3.5% growth estimate. COMPANY NEWS: Apple (AAPL) advanced over 1% ahead of the start of its Worldwide Developers Conference, which kicks off with a keynote address from CEO Tim Cook scheduled for 1 pm ET. An updated mobile iOS, a new version of its desktop operating system and new MacBooks have all been rumored to debut, but the most discussed potential announcement is Apple’s "iRadio" Pandora (P) competitor. Pandora shares were down almost 3% as the event approached... Facebook (FB) shares rallied 5% after research analysts at Stifel and JPMorgan both issued positive notes to investors about the social network company. MAJOR MOVERS: Among the notable gainers was Canadian Solar (CSIQ), which rose 7% after announcing a $300M deal for solar power plant construction. Among the noteworthy losers were Dynavax (DVAX), which dropped 34% after reporting feedback from an FDA meeting regarding its investigational adult hepatitis B vaccine, and Titan International (TWI), which fell over 8% following downgrades by at least three firms. INDICES: Near noon, the Dow was up 25.89, or 0.17%, to 15,274.01; the Nasdaq was up 14.18, or 0.41%, to 3,483.40; and the S&P 500 was up 3.76, or 0.23%, to 1,647.14. | | | 11:18 EDT |  | TWI | Titan International downgraded to Hold from Buy at BB&T
 Subscribe for More Information | | | 10:04 EDT | | TWI | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 09:28 EDT |  | TWI | On The Fly: Pre-market Movers
HIGHER: Monsanto (MON), up 3.5% after Monsanto following upgrade at Macquarie, comments from Morgan Stanley on implications of potential approval of product in China... Facebook (FB), up 3.1% following upgrade at Stifel, JPMorgan reiterating its Overweight rating on shares... Apricus Biosciences (APRI), up 14% after announcing European approval for ED drug Vitaros... McDonalds (MCD), up 1.8% after May global comp sales rose 2.6%. LOWER: Tesla (TSLA), down 3.2% following cautious mention over weekend in Barron's magazine... Titan International (TWI), down 5.8% following downgrades by at least three firms... Dynavax (DVAX), down 29% after reporting feedback from FDA meeting regarding Heplisav. | | | 08:13 EDT | | TWI | Titan International downgraded to Market Perform at William Blair
Subscribe for More Information | | | 08:08 EDT | | TWI | Titan International downgraded to Neutral from Buy at Janney Capital
Subscribe for More Information | | | 06:01 EDT | | TWI | Titan International downgraded to Hold from Buy at Jefferies
Jefferies downgraded Titan International citing deteriorating industry dynamics after the company's comments on Friday and lowered its price target for shares to $21 from $25. | | | June 7, 2013 | | 14:53 EDT | | TWI | Titan comments on market situation, says prior view will be adjusted
Subscribe for More Information | | | 14:50 EDT | | TWI | Titan International working with OEP, RDIF on possible Russian investment
Titan International confirmed that it has, in cooperation with One Equity Partners and Russian Direct Investment Fund, entered into negotiations with Cordiant about a potential investment in Russia. Titan hopes to successfully complete these discussions in the near future, it said. Titan will be the managing partner and said it has plans to grow its tire, wheel and track foot print in Russia and the Commonwealth of Independent State countries, noting that it is Titan’s belief that the future growth of farming and mining will be in Russia and CIS countries. | | | 14:49 EDT | | TWI | Titan International says guidelines issued in Dec. 2012 will be lowered
Subscribe for More Information | | | | 14:47 EDT | | TWI | Titan International working with OEP, RDIF on possible Russian investment
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