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Dana Inc - DAN STOCK NEWS

Welcome to our dedicated news page for Dana (Ticker: DAN), a resource for investors and traders seeking the latest updates and insights on Dana.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dana's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dana's position in the market.

News
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) declared a quarterly dividend of $0.10 per share on its common stock, payable on May 31, 2024, to shareholders of record as of May 10. This news indicates the company's commitment to rewarding shareholders with consistent dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
dividends
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Rhea-AI Summary
Dana Incorporated (NYSE: DAN) announced the release of its 2024 first-quarter financial results scheduled for April 30, 2024. The results will be publicized at 7 a.m. EDT, followed by a conference call and webcast at 10 a.m. EDT, where senior management will discuss the outcomes and address questions. The event can be accessed via telephone with provided dial-in numbers or online through audio streaming and slides on Dana's investor website, with a webcast replay available post-event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.46%
Tags
-
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) will participate in the BofA Securities 2024 Automotive Summit on March 26, 2024. Chairman and CEO, James Kamsickas, will provide an overview of the company. Webcast details will be on Dana's Investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
Tags
conferences
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) has been recognized as one of the 2024 World's Most Ethical Companies® by Ethisphere, showcasing its commitment to ethical business practices. Dana is among the eight honorees in the mobility industry, emphasizing its dedication to excellence and responsible conduct.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.35%
Tags
none
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Rhea-AI Summary
Dana Incorporated (NYSE: DAN) has announced the sale of its European hydraulics business to HPI Group, expected to be completed in the first half of 2024. The transaction includes operations in Italy, France, and Germany, generating around $90 million in sales in 2023. Dana will continue to receive components through a supply agreement with the new entity, focusing on industrial system sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
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Rhea-AI Summary
Dana Incorporated (NYSE: DAN) reported strong financial results for full-year 2023, with sales reaching $10.6 billion, an increase of 4% over the previous year. The company achieved a net income of $38 million, compared to a net loss of $242 million in 2022. Adjusted EBITDA rose to $845 million, a $145 million increase over last year, with an 8% margin improvement. Operating cash flow reached $476 million, and the three-year new business sales backlog grew to $950 million. Dana projects a 3% sales increase, 10% adjusted EBITDA increase, and $75 million free cash flow increase for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.84%
Tags
none
News
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) declares a quarterly dividend of $0.10 per share, payable on March 22, 2024, to shareholders as of March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.9%
Tags
dividends
-
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) will release its 2023 fourth-quarter and full-year financial results on Tuesday, Feb. 20, 2024. The press release will be issued at approximately 7 a.m. EST, followed by a conference call and webcast at 10 a.m. EST. Members of the company's senior management team will discuss the results and answer related questions. The conference call can be accessed by telephone from both domestic and international locations. Audio streaming and slides will be available online via a link provided on the Dana investor website. A webcast replay can be accessed via Dana's investor website following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
-
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) has been recognized as a 'Top Employer 2024' in 16 countries, including Europe and North America, for its high performance in employee development, well-being, talent acquisition, and engagement. Operations in Brazil, Canada, Mexico, and Spain earned this honor for the first time, joining other countries accounting for over 90% of the company's sales and employees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) introduces Brevini EvoMax™ gearboxes for industrial bulk management applications, offering high torque performance, modularity, and global support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
none
Dana Inc

NYSE:DAN

DAN Rankings

DAN Stock Data

1.74B
142.95M
0.92%
100.14%
4.01%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Maumee

About DAN

wheeled transportation might be taken for granted today, but more than a century ago the idea of propelling carriages with motors instead of horses was nothing short of outlandish. the idea succeeded, though, thanks to the brilliance of inventors who embraced the increasingly mechanized world, the risk-taking of entrepreneurs who believed in its potential, and the business savvy of industrialists who scaled start-up ventures to large enterprises that propelled the whole industry forward. among those pioneers were the founders of dana holding corporation – clarence spicer, joseph victor, hugo reinz, j.b. long, and charles dana among them. their initiative and ingenuity still drives dana today in our mission to anticipate and address our customers’ needs with innovative solutions. we’re always looking for talented people to join the dana team. browse current job openings at http://www.dana.com/careers.