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Dana Inc (DAN.N)

DAN.N on New York Stock Exchange

12.80USD
19 Aug 2019
Change (% chg)

$-0.01 (-0.08%)
Prev Close
$12.81
Open
$13.12
Day's High
$13.12
Day's Low
$12.73
Volume
779,755
Avg. Vol
478,743
52-wk High
$21.17
52-wk Low
$12.29

Latest Key Developments (Source: Significant Developments)

Zhongshan Broad-Ocean Motor's Unit To Sell 50% Stake In Firm For 326.0 Mln Yuan To U.S. Company
Friday, 10 May 2019 

May 10 (Reuters) - Zhongshan Broad-Ocean Motor Co Ltd <002249.SZ>::SAYS UNIT SIGNS AGREEMENT TO SELL 50 PERCENT STAKE IN BEIJING MECHANICAL TECHNOLOGY FIRM FOR 326.0 MILLION YUAN ($47.83 million)TO DANA INCORPORATED'S UNIT DANA ELECTRIC HOLDINGS BVBA.  Full Article

Dana Incorporated Announces Record First-Quarter 2019 Financial Results
Thursday, 2 May 2019 

May 2 (Reuters) - Dana Inc ::ORPORATED ANNOUNCES RECORD FIRST-QUARTER 2019 FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.78.Q1 EARNINGS PER SHARE $0.68.Q1 SALES $2.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.18 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.73 -- REFINITIV IBES DATA.COMPANY AFFIRMS 2019 FULL-YEAR FINANCIAL TARGETS.OUTLOOK FOR 2019 AND 2020 CONTINUES TO BE POSITIVE DUE TO OUR ROBUST SALES BACKLOG, STABLE END MARKETS, AND ACCRETIVE ACQUISITIONS.  Full Article

Dana Enters Into Strategic Partnership With Class 8 Electrification Company Hyliion
Thursday, 7 Mar 2019 

March 7 (Reuters) - Dana Inc ::DANA ENTERS INTO STRATEGIC PARTNERSHIP WITH CLASS 8 ELECTRIFICATION COMPANY HYLIION INC..DANA INC - MARK WALLACE, PRESIDENT OF DANA COMMERCIAL VEHICLE DRIVELINE TECHNOLOGIES, WILL BECOME A MEMBER OF HYLIION'S BOARD OF DIRECTORS..DANA INC - IS TAKING AN EQUITY POSITION AS A LEAD INVESTOR IN HYLIION INCORPORATED.  Full Article

Dana Gets Contract To Supply Axles For Jaguar, Land Rover Programs
Thursday, 22 Mar 2018 

March 22 (Reuters) - Dana Inc ::DANA SECURES CONTRACT TO SUPPLY AXLES FOR NEXT-GENERATION JAGUAR, LAND ROVER PROGRAMS.SAYS ESTIMATED VALUE FOR THESE PROGRAMS TOTAL MORE THAN £300 MILLION​.SAYS TOTAL INVESTMENT FOR JAGUAR LAND ROVER PROGRAMS IS EXPECTED TO BE ABOUT £21 MILLION.SAYS NEW CONTRACTS TO SUPPLY FRONT AND REAR AXLES FOR NEXT GENERATION OF JAGUAR, LAND ROVER LUXURY VEHICLES​.  Full Article

Dana Inc Sees FY 2018 Adjusted EPS Of $2.75 - $3.05
Monday, 19 Mar 2018 

March 19 (Reuters) - Dana Inc ::ORPORATED INCREASES GUIDANCE FOR FULL YEAR 2018.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.75 TO $3.05.SEES FY 2018 SALES UP 10 PERCENT.SEES FY 2018 SALES $7.75 BILLION TO $8.05 BILLION.SEES 2018 CAPITAL SPENDING OF APPROXIMATELY 4.0 PERCENT OF SALES.SEES 2018 FREE CASH FLOW OF APPROXIMATELY 3.5 PERCENT OF SALES.‍DUE TO IMPROVED MARKET CONDITIONS, SALES FROM NEW BUSINESS BACKLOG, 2018 SALES NOW EXPECTED TO GROW BY 10 PERCENT.FY2018 EARNINGS PER SHARE VIEW $2.84, REVENUE VIEW $7.69 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Dana Says Under Certain Circumstances ‍Gkn Must Pay Dana Termination Fee Of $54 Million - SEC Filing
Thursday, 15 Mar 2018 

March 14 (Reuters) - Dana Inc ::DANA SAYS UNDER CERTAIN CIRCUMSTANCES ‍GKN MUST PAY DANA TERMINATION FEE OF $54 MILLION - SEC FILING.DANA - IF DEAL TERMINATED UNDER CERTAIN CIRCUMSTANCES GKN WILL BE OBLIGATED TO PAY TO DANA A TERMINATION FEE OF $40 MILLION - SEC FILING.  Full Article

Dana Says Secondary Listing An Option To Support Its Deal With GKN- FT‍​
Wednesday, 14 Mar 2018 

March 13 (Reuters) - :DANA'S FINANCE DIRECTOR COLLINS SAYS SECONDARY LISTING "ABSOLUTELY AN OPTION" IF GKN'S INVESTORS REQUIRED IT TO SUPPORT THEIR $6.1 BILLION DEAL- FT‍​.  Full Article

Trade Union Unite Asks GKN Shareholders To Reject Melrose Bid
Monday, 12 Mar 2018 

March 12 (Reuters) - Gkn Plc ::TRADE UNION UNITE- URGES GKN SHAREHOLDERS TO REJECT LATEST TAKEOVER BID FROM MELROSE.TRADE UNION UNITE- WILL BE MEETING MELROSE TO DISCUSS ITS BID IN DETAIL.TRADE UNION UNITE- REMAINS OF THE BELIEF THAT IT (MELROSE BID) IS BAD FOR JOBS, SKILLS AND INVESTMENT.  Full Article

Melrose To Extend 7 Bln STG Offer For GKN Till March 29
Friday, 9 Mar 2018 

March 9 (Reuters) - Gkn Plc ::OFFER EXTENSION.‍OFFER, IS BEING EXTENDED AND WILL REMAIN OPEN FOR ACCEPTANCE UNTIL 1.00 P.M. (LONDON TIME) ON 29 MARCH 2018​.‍MIX AND MATCH FACILITY REMAINS OPEN AND ELIGIBLE GKN SHAREHOLDERS MAY ELECT, TO VARY PROPORTION IN WHICH THEY RECEIVE NEW MELROSE SHARES AND CASH."GKN SHAREHOLDERS WHO HAVE NOT YET ACCEPTED OFFER ARE URGED TO DO SO AS SOON AS POSSIBLE".AS AT 1.00 P.M. (LONDON TIME) ON 9 MARCH 2018 MELROSE HAD RECEIVED VALID ACCEPTANCES IN RESPECT OF 5.76 PER CENT OG GKN SHARES.  Full Article

Trade Union Unite Calls For Assurances Over Proposed GKN-Dana Deal
Friday, 9 Mar 2018 

March 9 (Reuters) - Trade Union Unite:TRADE UNION UNITE- CALLS FOR ASSURANCES OVER PROPOSED GKN AND DANA MERGER.TRADE UNION UNITE‍​ - WILL ALSO BE PRESSING MELROSE ON WHAT IT NOW INTENDS TO DO WITH ITS TAKEOVER BID FOR GKN WHEN IT MEETS WITH COMPANY NEXT WEEK.TRADE UNION UNITE- WILL BE SEEKING URGENT MEETINGS WITH GKN TO UNDERSTAND ITS IMPLICATIONS FOR JOBS, FUTURE PRODUCTS, WORK CONTENT AND INVESTMENT.  Full Article

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Pence to visit Michigan to tout new North American trade deal

WASHINGTON U.S. Vice President Mike Pence will visit southeast Michigan on Wednesday to make the case that the North American trade deal intended to replace NAFTA would boost the auto industry, the White House said on Tuesday.