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Dana Inc (DAN.N)

DAN.N on New York Stock Exchange

25.70USD
20 Apr 2018
Change (% chg)

$-0.09 (-0.35%)
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Volume
274,166
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Latest Key Developments (Source: Significant Developments)

Dana Inc Comments On Decision By GKN PLC Shareholders
Thursday, 29 Mar 2018 

March 29 (Reuters) - Dana Inc ::DANA COMMENTS ON DECISION BY GKN SHAREHOLDERS.DANA INC - "APPEARS UNLIKELY THAT OUR PROPOSED COMBINATION WITH GKN DRIVELINE WILL PROCEED".DANA - "ACKNOWLEDGES THE DECISION BY MAJORITY OF SHAREHOLDERS OF GKN PLC TO ACCEPT THE PROPOSAL BY MELROSE INDUSTRIES PLC TO ACQUIRE GKN".  Full Article

Melrose Industries Says ‍Working Towards Agreement On GKN Pension Schemes
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Melrose Industries ::‍STATEMENT RE GKN PENSION SCHEMES.‍WORKING TOWARDS AN AGREEMENT ON GKN PENSION SCHEMES.‍LOOK FORWARD TO CONTINUING CONSTRUCTIVE DISCUSSIONS WITH GKN'S PENSION TRUSTEES AFTER DISCUSSIONS ON SALE OF GKN DRIVELINE TO DANA ​​​.  Full Article

GKN Notes Announcement By Trustees Of GKN UK Pension Schemes​
Tuesday, 13 Mar 2018 

March 13 (Reuters) - GKN Plc ::REG-GKN PLC: STATEMENT RE GKN PENSION SCHEMES.‍NOTED FURTHER ANNOUNCEMENT MADE ON MONDAY EVENING BY TRUSTEES OF GKN UK PENSION SCHEMES​.  Full Article

Dana Inc Sees FY 2018 Sales $7.5 Billion To $7.7 Billion
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Dana Inc ::ORPORATED ANNOUNCES STRONG PRELIMINARY 2017 FINANCIAL RESULTS AND GUIDANCE FOR 2018, INCREASED OUTLOOK FOR 2019, $800 MILLION OF SALES BACKLOG, AND INCREASE TO QUARTERLY DIVIDEND.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.60 TO $2.90.SEES FY 2018 SALES $7.5 BILLION TO $7.7 BILLION.SETS QUARTERLY DIVIDEND OF $0.10PER SHARE.- SEES PRELIMINARY 2017 SALES OF $7.2 BILLION.- SEES PRELIMINARY 2017 ADJUSTED EBITDA OF $835 MILLION.SAYS 2017 PRELIMINARY SALES OF $7.2 BILLION, AN INCREASE OF $1.4 BILLION OR GROWTH OF 24 PERCENT.- 2018-2020 SALES BACKLOG AS OF DEC. 31, 2017, HAS IMPROVED TO $800 MILLION, A 7 PERCENT INCREASE OVER PRIOR THREE-YEAR BACKLOG.- AUTHORIZED REPURCHASE OF UP TO $100 MILLION OF COMMON SHARES OVER NEXT TWO YEARS.- SEES 2018 CAPITAL SPENDING OF APPROXIMATELY 4.0 PERCENT OF SALES.- STRONG END-MARKET DEMAND AND NEW-BUSINESS BACKLOG ARE DRIVING AN EXPECTED 6 PERCENT SALES GROWTH IN 2018.DANA - STRONG DEMAND FOR LIGHT-TRUCK PROGRAMS IS EXPECTED INTO 2018, AS IS HIGHER END-MARKET DEMAND FOR OFF-HIGHWAY EQUIPMENT AND COMMERCIAL VEHICLES.- FOR FY19 ‍CO'S SALES, ADJUSTED EBITDA, DILUTED ADJUSTED EPS EXPECTED TO INCREASE BY $700 MILLION, $90 MILLION, AND $0.40, RESPECTIVELY VERSUS PRIOR TARGET RANGES​.  Full Article

Dana Q3 adjusted earnings per share $0.59
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Dana Inc :Dana incorporated announces third-quarter 2017 financial results, raises full-year guidance.Q3 adjusted earnings per share $0.59.Q3 earnings per share $0.46.Q3 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.Q3 sales $1.83 billion versus i/b/e/s view $1.68 billion.Dana inc - ‍full-year 2017 guidance raised​.Dana inc- ‍full-year 2017 diluted adjusted eps guidance increased by 10 cents per share​.Dana inc - ‍ dana has raised 2017 capital spending to $380 to $420 million​.Dana inc sees ‍fy 2017 diluted adjusted eps of $2.30 to $2.50​.Dana inc - sees fy 2017 sales $7 billion to $7.2 bln‍​.  Full Article

Dana to buy U.S. Manufacturing Corp's Michigan operations
Monday, 13 Feb 2017 

Dana Inc : Dana Inc. to acquire U.S. Manufacturing Corporation's Michigan operations .Dana Inc - deal for $100 million.  Full Article

Dana to purchase strategic driveline production assets of SIFCO S.A. in Brazil
Wednesday, 12 Oct 2016 

Dana Inc : Dana to purchase strategic driveline production assets of SIFCO S.A. in Brazil .Dana Inc - Dana would acquire manufacturing and other assets of SIFCO.  Full Article

Dana Holding sees FY 2016 sales of $5.8 bln To $6.0 bln
Thursday, 21 Jul 2016 

Dana Holding Corporation Announces Second : Fy2016 earnings per share view $1.61, revenue view $5.74 billion -- Thomson Reuters I/B/E/S . Quarter 2016 financial results; affirms full-year guidance . Q2 adjusted earnings per share $0.53 . Q2 earnings per share $0.36 . Q2 earnings per share view $0.46 -- Thomson Reuters I/B/E/S . Sees fy 2016 adjusted earnings per share $1.65 to $1.75 excluding items . Sees fy 2016 sales $5.8 billion to $6.0 billion . Q2 sales $1.55 billion versus i/b/e/s view $1.52 billion .Commercial vehicle driveline business anticipated lower volumes and improved their margins for q2 in a row.  Full Article

Dana Holding enters revolving credit and guaranty agreement - SEC filing
Friday, 10 Jun 2016 

Dana Holding Corp : On June 9, 2016, co entered into a revolving credit and guaranty agreement - SEC filing . Revolving credit facility has a five-year term and matures in june 2021 .Availability under credit facility will be in aggregate amount of $500 million.  Full Article

Dana launches $375 million senior notes offering
Tuesday, 24 May 2016 

Dana Holding Corp : Proposing to issue $375 million aggregate principal amount of senior unsecured notes due 2026 . Issued a notice of redemption in respect of all of its outstanding 6.750% notes due 2021 . Intends to use proceeds from 2026 notes offering to redeem all of its 2021 notes . Received commitments from lenders for new cash flow revolving credit facility with 5-year term, availability of $500 million . Cash flow facility will replace dana's existing asset based revolving credit facility . New cash flow revolving credit facility will be reduced for outstanding credit advances or letter of credit issuances .Dana launches $375 million senior notes offering.  Full Article

BRIEF-Dana Inc Comments On Decision By GKN PLC Shareholders

* DANA INC - "APPEARS UNLIKELY THAT OUR PROPOSED COMBINATION WITH GKN DRIVELINE WILL PROCEED"