Proposed Acquisitions, Board Additions, Conference Call Schedules, and Technical Updates - Analyst Notes on TRW, Tenneco, AAM, Westport and Meritor
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NEW YORK, July 15, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding TRW Automotive Holdings Corp. (NYSE: TRW), Tenneco Inc. (NYSE: TEN), American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Westport Innovations Inc. (NASDAQ: WPRT) and Meritor, Inc. (NYSE: MTOR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4775-100free.
TRW Automotive Holdings Corp. Analyst Notes
On July 10, 2014, TRW Automotive Holdings Corp. (TRW) announced that it has received a preliminary, non-binding proposal to acquire the Company. TRW informed that currently it is evaluating the proposal as well as other strategic alternatives which may enhance stockholder value. The Company added that it will continue to execute its existing business plan while it conducts this analysis. The Company stated that it has not made a decision to pursue any specific strategic transaction or any other strategic alternative, and there is no set timetable for the strategic review process. The full analyst notes on TRW are available to download free of charge at:
http://www.analystsreview.com/Jul-15-2014/TRW/report.pdf
Tenneco Inc. Analyst Notes
On July 9, 2014, Tenneco Inc. (Tenneco) announced the election of James S. Metcalf to the Company's Board of Directors, effective immediately. The Company informed that Mr. Metcalf is the Chairman, President and CEO for USG Corporation and he also serves on the Board of Directors for USG Corporation. Gregg Sherrill, Chairman and CEO, Tenneco, stated, "We are pleased to add Jim Metcalf to Tenneco's board of directors and look forward to his contributions. Jim's extensive manufacturing background will be an asset to our board and his focus on driving growth through innovation aligns well with Tenneco's strategic growth initiatives." The full analyst notes on Tenneco are available to download free of charge at:
http://www.analystsreview.com/Jul-15-2014/TEN/report.pdf
American Axle & Manufacturing Holdings Inc. Analyst Notes
On July 10, 2014, American Axle & Manufacturing Holdings, Inc. (AAM) announced that it will post its Q2 2014 financial results on Friday, August 1, 2014 by 8:00 a.m. ET in the News Releases section of its website. The Company informed that on the same day it will discuss its results at 10:00 a.m. ET and will broadcast the briefing via a live audio webcast, accessible through its website. Additionally, an archive of the same for one year will also be available in the investor's section of AAM's website. The full analyst notes on AAM are available to download free of charge at:
http://www.analystsreview.com/Jul-15-2014/AXL/report.pdf
Westport Innovations Inc. Analyst Notes
On July 10, 2014, Westport Innovations Inc.'s (Westport) stock ended the day at $17.74 compared to the previous day's closing price of $17.18, representing a 3.26% growth. The Company's stock increased 31.01% over the past three trading months compared to the Nasdaq Composite which gained 8.43% during the same trading period. The full analyst notes on Westport are available to download free of charge at:
http://www.analystsreview.com/Jul-15-2014/WPRT/report.pdf
Meritor, Inc. Analyst Notes
On July 9, 2014, Meritor, Inc. (Meritor) announced that it will release its Q3 FY 2014 financial results on Thursday, July 31, 2014. The Company stated that following the earnings release, it will hold a conference call and webcast to discuss the Company's financial results on the same day at 8:30 a.m. ET. Meritor informed that the live webcast of the call and replay of the same for seven days will be accessible on its website. The full analyst notes on Meritor are available to download free of charge at:
http://www.analystsreview.com/Jul-15-2014/MTOR/report.pdf
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EDITOR'S NOTES:
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