Timken (NYSE:TKR) is scheduled to announce Q2 earnings results on Wednesday, July 31st, before market open. The consensus EPS Estimate is $1.44 (+29.7% Y/Y) and the consensus Revenue Estimate is $1.01B (+11.4% Y/Y). Over the last 2 years, TKR has beaten EPS estimates 75
From the Japanese automaker Toyota clarified that during this week the plant in the city of Zárate is without activity within the framework of "the technical winter stops we make every year." The difference in this opportunity is that the one-week technical stop was extended for another w
2nd quarter supported by strong Industrial business - Weak market environment for Automotive OEM triggers guidance adjustment - Q2 2019 with improved EBIT margin before special items in spite of decrease in revenues (FX-adjusted) - Industrial division strong, Automotive OEM under pressure due to challenging market conditions - …
Profits rose slightly compared with last year but misses Wall Street expectations. JACKSON TWP. Timken Co. saw second-quarter revenue reach $1 billion and expects to see revenue growth through the end of the year, although the company’s outlook has been lowered. Richard G. Kyle, president and chief executive officer, said Timken had a…
Emerson has announced the opening of its newest cybersecurity laboratory to help manufacturers confidently adopt digital transformation strategies, while protecting the integrity of their plant operations, networks, systems and data. A team of cybersecurity experts will staff the facility, which is located at the Emerson Innovation Centre i…
One of the most common pieces of equipment on a mine site is a belt conveyor. No matter what mineral is being extracted, this piece of equipment generally will be present in some form. Depending on the complexity and length of the belt conveyor, there will be at least two pulleys – one at either end of the belt (head and tai
Nearly a decade ago, a manufacturer of optical inspection equipment came to us with a dilemma: Its equipment was having problems, well, focusing. Despite incorporating state-of-the-art technology into the product’s overall design, the focusing mechanism was underperforming. It wasn’t a reflection of the lens itself, w
Needle bearings are known for far fewer ball bearings and roller bearings. However, they are indispensable in a number of applications where requirements are high not only for the reliability and durability of bearings, but also for their dimensions. Rolling elements used in needle bearings have the form of “needles” - thin roller…
NSK, a major bearing manufacturer, has developed the NSK LCube II bearing range for use in electric vehicle transmissions. Each roller of the new bearing undergoes a special treatment process, which will increase the durability and strength of the roller when working with a small amount of lubricant. Using fewer lubricants and low vis…
Industrial supplier Schaeffler looks more pessimistic on the business of the current year and lowers its forecast, because several major customers order less. Schaeffler expects global car production to drop by four percent. Automotive and industrial supplier Schaeffler looks more pessimistic on the year 2019. Given the weakness of gl…
Emerson and Dragos, Inc., developer of the Dragos Platform for industrial cybersecurity asset detection, threat detection and response, have signed a global agreement that will see Emerson integrate threat detection technology from the Dragos Platform into its Ovation automation platform and Power and Water Cybersecurity Suite. The Dr…
