Results 1 to 3 of 3

Thread: Timnkin gets disected

  1. #1
    PghOffRoad Forum Addict!
    Join Date
    Sep 2011
    Location
    Finleyville, PA
    Posts
    1,191

    Timnkin gets disected

    http://www.nytimes.com/2014/12/07/bu...ts-in-two.html


    Wonder what this will mean for warranties and for future QC.
    ___
    Offroad design and Jeep parts
    www.AzzysDesignWorks.com
    facebook.com/AzzysDesignWorks
    @AzzyDesignWorks

  2. #2
    Less posting, more wheeling!
    Join Date
    Nov 2011
    Location
    da' 'BURGH
    Posts
    1,521

    Exclamation

    Crunching reams of data in search of undervalued stocks, analysts at Relational Investors, a firm that manages $6 billion mostly on behalf of pension funds, happened upon a Canton company called Timken, which was in the unglamorous business of making steel and bearings. Controlled by the Timken family for more than a century, the company looked cheap compared with its industrial peers, at least according to Relational’s analysis. A few more calculations suggested that Timken’s shares might fetch more if the company were split in two.
    If your business is FAMILY-owned, and you'd like to KEEP it that way, either take it private, or KEEP it private. Wall Street Banksters care NOTHING about YOUR family.

    FUDGE 'em all.
    '07 Commander - 2" Daystar lift, 32x17x10 Cooper ATPs, Flowtech exhaust, aFe CAI
    '92 Dodge Ramcharger - 4 1/2" lift, 35's, 318 Magnum... a work in progress...

  3. #3
    PghOffRoad Forum Addict!
    Join Date
    Sep 2011
    Location
    Finleyville, PA
    Posts
    1,191
    I doubt the union would want to have that happen. Because they could just boot old contracts and pensions if it was sold to a new company (going private).
    ___
    Offroad design and Jeep parts
    www.AzzysDesignWorks.com
    facebook.com/AzzysDesignWorks
    @AzzyDesignWorks

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •