Edition:
India

Tenneco Inc (TEN.N)

TEN.N on New York Stock Exchange

56.76USD
22 Feb 2018
Change (% chg)

$0.56 (+1.00%)
Prev Close
$56.20
Open
$56.47
Day's High
$57.24
Day's Low
$55.78
Volume
95,529
Avg. Vol
125,091
52-wk High
$67.74
52-wk Low
$51.57

Latest Key Developments (Source: Significant Developments)

Tenneco Q3 adjusted earnings per share $1.67
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Tenneco Inc :Tenneco reports third quarter 2017 results.Q3 earnings per share $1.45.Q3 revenue $2.3 billion versus i/b/e/s view $2.23 billion.Q3 adjusted earnings per share $1.67.Sees q4 revenue up about 7 percent.Q3 earnings per share view $1.59 -- Thomson Reuters I/B/E/S.Tenneco inc- ‍on a constant currency basis, total revenue increased 6% to $2.223 billion in quarter​.tenneco-‍in q4, co sees y-o-y revenue growth about 7%, or 3% in constant currency, outpacing estimated light vehicle industry production growth of 1%​.Tenneco inc - ‍for fy, co sees revenue growth of about 7%, in constant currency 6%, outpacing estimated light vehicle industry production growth of 2%​.  Full Article

Tenneco Inc files amendment to its 10-Q - SEC filing
Saturday, 9 Sep 2017 

Sept 8 (Reuters) - Tenneco Inc :Tenneco Inc <<>> files amendment to its Form 10-Q with U.S. SEC - SEC filing.Tenneco - In preparing consolidated financial statements for quarter ended June 30, 2017, co identified deficiencies in its internal control over financial reporting.Tenneco Inc - Deficiencies resulted in a material weakness in co’s internal control over financial reporting in China as of June 30, 2017.Tenneco Inc - Specifically, co did not have people with appropriate authority and experience in key positions in China to ensure adherence to co's policies and US GAAP.Tenneco Inc - Deficiencies relates to payments received from suppliers by certain purchasing and accounting personnel at co’s China subsidiaries.Tenneco Inc - Material weakness identified caused co to reevaluate its previous conclusions on internal control over financial reporting as of Dec 31, 2016.Tenneco Inc - Evaluated errors and concluded that they did not result in a material misstatement of previously issued consolidated financial statements.  Full Article

Tenneco will establish reserve of $132 mln in its Q2 2017 financial results for settlement costs​
Saturday, 8 Jul 2017 

July 7 (Reuters) - Tenneco Inc ::Tenneco inc - ‍tenneco will establish a reserve of $132 million in its Q2 2017 financial results for settlement costs​.Tenneco Inc says Tenneco expects to obtain final leniency from doj in near future - sec filing.Tenneco - continues to take actions to minimize exposure to matters pertaining to antitrust investigation, including engaging in settlement discussions.  Full Article

Tenneco Q3 adjusted earnings per share $1.53
Friday, 28 Oct 2016 

Tenneco Inc : Tenneco reports third quarter 2016 results . Q3 adjusted earnings per share $1.53 . Q3 revenue $2.1 billion versus i/b/e/s view $2.12 billion . Q3 earnings per share view $1.49 -- Thomson Reuters I/B/E/S . Q3 earnings per share $3.21 . Sees Q4 revenue up 3 percent . Tenneco Inc - for full year, Tenneco expects to outpace aggregate industry production by 3% for total revenue growth of 6% versus a year ago. . Tenneco Inc sees revenue growth outpacing industry production in 2017 and 2018 as indicated in Tenneco's January 2016 revenue estimates . Tenneco Inc - expect to deliver full-year margin improvement in 2016 . Tenneco Inc sees continued revenue growth in Q4 .Q4 revenue view $2.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Tenneco Q2 adjusted earnings per share $1.78
Friday, 29 Jul 2016 

Tenneco Inc : Tenneco reports second quarter 2016 results . Q2 adjusted earnings per share $1.78 . Q2 earnings per share $1.49 . Q2 earnings per share view $1.61 -- Thomson Reuters I/B/E/S . Q2 revenue view $2.24 billion -- Thomson Reuters I/B/E/S . Total revenue in Q2 was $2.2 billion, up 4 percent year-over-year . In Q3, Tenneco expects to outpace aggregate industry production by 2 percentage points . Sees Q3 revenue up 7 percent .For full year, company continues to expect total revenue growth of 6 percent year-over-year.  Full Article

Tenneco announces results for the tender offer for its 6 7/8% senior notes due 2020
Tuesday, 14 Jun 2016 

Tenneco Inc: Tenneco announces results for the tender offer for its 6 7/8% senior notes due 2020 and the redemption of all remaining 6 7/8% senior notes due 2020 .Redeem all of 2020 notes that remain outstanding following settlement of tender offer at a redemption price of 103.438% of principal amount.  Full Article

Tenneco commences offer for outstanding $500 mln 6 7/8 pct senior notes due 2020
Monday, 6 Jun 2016 

Tenneco Inc : Commenced a cash tender offer for any and all of its outstanding $500 million 6 7/8% senior notes due 2020 .Tenneco commences tender offer for its 6 7/8% senior notes due 2020.  Full Article

BRIEF-Tenneco Q4 Earnings Per Share $1.33

* EXPECTS CONSTANT DOLLAR TOTAL REVENUE GROWTH OF 3% IN THE FIRST QUARTER 2018