Relational Investors Argue for Timken Co. (TKR) Spin
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Amid Recent Gains, More Might be in Store for Timken (TKR)
April 18, 2013 3:48 PM EDTTimken (NYSE: TKR) shares are lower on the session amid reports out today there might be an opportunity for investors to see an additional 30 percent upside to recent gains in just about a month.
Bloomberg points out Thursday that Relational... More
Timken (TKR) Will Evaluate Relational Investors, CalSTRS 13D Filing and Suggested Steel Unit Spin Off
November 28, 2012 5:28 PM ESTThe Timken Company (NYSE: TKR; www.timken.com) commented on the Schedule 13D filed today by California State Teachers' Retirement System (CalSTRS) and Relational Investors LLC with the U.S. Securities and Exchange Commission. In the filing, CalSTRS and Relational disclosed that their group owns 6.15 percent of Timken shares and urged the company to spin off its Steel Business into a separate company.
... More
Timken (TKR) Pops as Activists Push For Spin-Off of Steel Unit
November 28, 2012 1:59 PM ESTShares of Timken (NYSE: TKR) popped on reports of a possible breakup.
Activist fund Relational Investors and pension giant Calsters are both pushing for Timken shareholders to vote on spin of company's steel business, according to reports in WSJ.... More
