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Timken Co. - TKR STOCK NEWS

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

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 Timken Co.'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 Timken Co.'s position in the market.

News
Timken Recognized by Fortune as one of America's Most Innovative Companies
Rhea-AI Summary
Timken, a global leader in engineered bearings and industrial motion products, has been recognized by Fortune as one of America's Most Innovative Companies for the second consecutive year. The company's focus on product innovation, process innovation, and innovation culture has led to this prestigious recognition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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none
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News
Timken to Announce First-Quarter 2024 Financial Results on April 30
Rhea-AI Summary
The Timken Company (NYSE: TKR) will release its first-quarter 2024 financial results on April 30, 2024, and host a conference call to discuss its performance. Investors can access the call and materials online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
earnings
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News
The Timken Company Announces CEO Succession Plan
Rhea-AI Summary
Tarak Mehta named as the next president and CEO of Timken, replacing Richard G. Kyle. Mehta, currently president of ABB 's Motion business, brings 35 years of industry experience to Timken. Kyle, who led Timken since 2014, will retire but remain on the Board of Directors. Mehta's appointment signifies Timken's commitment to industrial diversification and global growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
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none
News
Battery Ventures Invests in Training and Certification Company Mobius Institute
Rhea-AI Summary
Battery Ventures invests significantly in Mobius Institute, a global leader in asset-reliability solutions and industrial services. Mobius offers training and certification to professionals worldwide, with a focus on predictive maintenance and sustainability. The partnership aims to scale Mobius into a new platform under Battery's ownership, led by industry experts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
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none
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News
Timken Recognized by Fast Company as one of World's Most Innovative Companies
Rhea-AI Summary
The Timken Company (NYSE: TKR) has been recognized as one of the World's Most Innovative Companies of 2024 by Fast Company for its groundbreaking engineering solutions in renewable energy, particularly in the wind turbine sector. Timken's focus on sustainability and customer-centric industrial innovations has led to the development of a two-bearing solution for wind turbines using 100% recycled material and an electricity-based heat-treating process. This recognition highlights Timken's commitment to sustainable engineering solutions and its position as a global leader in engineered bearings and industrial motion products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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none
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News
Timken Issues 2023 Annual Report, Highlighting Record Results
Rhea-AI Summary
The Timken Company (TKR) releases its 2023 Annual Report showcasing revenue growth, expanded margins, and record earnings per share. With a focus on customer-centric innovations, strategic acquisitions, and strong financial performance, Timken remains poised for profitable growth in the global market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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none
News
Timken to Participate in the BofA Global Research Global Industrials Conference
Rhea-AI Summary
The Timken Company (TKR) will participate in the BofA Global Research Global Industrials Conference in London on March 19, 2024. Philip D. Fracassa, EVP and CFO, will represent Timken. Materials will be available online at investors.timken.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
conferences
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News
Timken Named One of World's Most Ethical Companies® by Ethisphere for 13th Time
Rhea-AI Summary
The Timken Company (NYSE: TKR) has been recognized as one of the World's Most Ethical Companies for 2024 by Ethisphere, highlighting its strong commitment to ethics, compliance, and governance. Timken's dedication to core values and ethical business practices has earned it this prestigious recognition, with only 36 companies making the list 13 or more times this year. Ethisphere's rigorous assessment process evaluates companies on various aspects of ethics, compliance, diversity, and inclusion, applauding Timken's continuous efforts to uphold high standards of corporate citizenship.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
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none
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News
Timken to Participate in the Evercore ISI Industrial Conference
Rhea-AI Summary
The Timken Company (TKR) to participate in the Evercore ISI Industrial Conference on March 5, 2024, with Philip D. Fracassa, executive vice president and CFO representing the company. Materials shared during the conference will be accessible online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
conferences
News
Timken Awards $540,000 in Scholarships to 20 Future Leaders and Innovators
Rhea-AI Summary
The Timken Company awards scholarships to 20 students worldwide, totaling over $26 million since 1958. The program supports children of Timken employees pursuing various careers. Notable recipients include Aidan Byers and Haley Steppler, receiving $25,000 and $20,000 annually, respectively. The company aims to invest in future leaders across different countries and disciplines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
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none
Stock TKR logo
Timken Co.

NYSE:TKR

TKR Rankings

#1087 Ranked by Market Cap
#2224 Ranked by Stock Gains
#1585 Ranked by Dividends

TKR Stock Data

5.97B
66.34M
10.84%
86.1%
1.99%
Ball and Roller Bearing Manufacturing
Manufacturing
Link
US
North Canton

About TKR

the timken company (nyse: tkr; www.timken.com) engineers, manufactures and markets bearings, transmissions, gearboxes, belts, chain and related products, and offers a spectrum of powertrain rebuild and repair services. the leading authority on tapered roller bearings, timken today applies its deep knowledge of metallurgy, tribology and mechanical power transmission across a variety of bearings and related systems to improve reliability and efficiency of machinery and equipment all around the world. the company’s growing product and services portfolio features many strong industrial brands including timken®, fafnir®, philadelphia gear®, carlisle®, drives® and interlube™. known for its quality products and collaborative technical sales model, timken posted $3.1 billion in sales in 2014. with 14,000 employees operating from 28 countries, timken makes the world more productive and keeps industry in motion.