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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.

Rhea-AI Summary
Dana Incorporated (NYSE: DAN) announced that its advanced drive technologies are used on two winners in the 'Tractor of the Year 2024' awards competition. The Fendt e 107 V Vario won in the 'Sustainable Tractor of the Year' category, featuring Dana's high-performance Spicer® suspended steer axle, while the McCormick X5.120 P3-Drive won the 'Best Utility' award, using Dana's high-precision shifting solutions. Dana's technologies are featured on seven of this year's 12 finalists, showcasing the company's support for vehicle designs that offer improved sustainability and superior productivity for agriculture equipment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.33%
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none
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Rhea-AI Summary
Dana Incorporated (NYSE: DAN) has announced the launch of a comprehensive vehicle design methodology for delivering integrated suspension solutions for high-performance agriculture tractors. The initiative uses a multiphysics approach to produce virtual prototypes, reducing development times and accelerating the introduction of new vehicles to market. Additionally, Dana has unveiled a new solution for electric zero-turn mowers featuring high-efficiency Spicer Torque-Hub™ drives and Dana TM4™ motors, supporting zero-emissions operation through powerful torque, extended work times, reduced maintenance, and lower noise. Dana is exhibiting its full range of systems for agriculture and turf management equipment at Agritechnica.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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none
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Rhea-AI Summary
Dana Inc. (NYSE: DAN) appoints Steven Miller to its board, replacing Brett Icahn as an Icahn Capital board designee. This follows the January 2022 Director Appointment and Nomination Agreement between Icahn Capital and Dana. Miller, a portfolio manager at Icahn Capital L.P., brings extensive experience from various companies, including Bausch Health Companies, Inc. and Conduent Incorporated.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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management
Rhea-AI Summary
Dana Incorporated will participate in the Gabelli Funds Annual Auto Symposium on Oct. 30, 2023. Chairman and CEO James Kamsickas will provide an overview of the company and answer questions. Webcast details will be posted on Dana's Investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
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conferences
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Rhea-AI Summary
Dana Incorporated reports strong Q3 2023 financial results with sales of $2.7 billion, an increase of 5% over last year. Net income attributable to Dana is $19 million, an increase of $107 million over last year. Adjusted EBITDA is $242 million, a 26% increase over last year. Dana expects sales and profit to be maintained at the midpoint of previous guidance range if UAW strikes are resolved by end of October. If no resolution is reached by year's end, sales could be approximately $500 million lower.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
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News
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) declares quarterly dividend of $0.10 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
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dividends
Rhea-AI Summary
Dana Incorporated to release 2023 Q3 financial results on Oct. 27, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
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-
Rhea-AI Summary
Dana Incorporated has earned the New Power Technology Award for its e-Driveline and e-Motion drivetrain solution at the 2023 Diesel Progress Summit. The electrified driveline for compact construction vehicles helps OEMs enhance sustainability, improve energy efficiency and performance, optimize vehicle productivity, reliability, and mobility, and reduce maintenance costs and noise emissions. This recognition highlights Dana's commitment to a sustainable future and innovative solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
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none
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Rhea-AI Summary
Dana Incorporated (NYSE: DAN) to Participate in J.P. Morgan Auto Conference on Aug. 10, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
conferences
Rhea-AI Summary
Dana Incorporated (NYSE: DAN) announced Q2 2023 sales of $2.75 billion, a 6% increase over last year. Adjusted EBITDA increased by 50% to $243 million. The company revised its 2023 targets, expecting sales of $10.45 to $10.95 billion and adjusted EBITDA of $800 to $900 million. Dana was recognized for sustainability and employee engagement. The company will host a conference call at 9 a.m. on July 28.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
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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.