Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €44.97 EUR
Change Today -0.423 / -0.93%
Volume 22.0
TNN On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 3:55 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

tenneco inc (TNN) Snapshot

Open
€45.52
Previous Close
€45.39
Day High
€45.52
Day Low
€44.49
52 Week High
05/26/15 - €55.69
52 Week Low
10/15/14 - €36.61
Market Cap
2.8B
Average Volume 10 Days
2.2
EPS TTM
--
Shares Outstanding
61.4M
EX-Date
01/10/01
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TENNECO INC (TNN)

tenneco inc (TNN) Related Businessweek News

No Related Businessweek News Found

tenneco inc (TNN) Details

Tenneco Inc. designs, manufactures, and sells clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide. The company offers various vehicle emission control products and systems, including catalytic converters and diesel oxidation catalysts to reduce harmful gaseous emissions; diesel particulate filters; burner systems to combust fuel and air inside the exhaust system; hydrocarbon vaporizers and injectors to add fuel to a diesel exhaust system; and lean nitrogen oxide (NOx) traps, selective catalytic reduction systems, and alternative NOx reduction technologies to reduce NOx emissions. It also provides mufflers and resonators to offer noise elimination and acoustic tuning; exhaust manifolds to collect gases from individual cylinders of a vehicle’s engine; pipes to connect various parts of an exhaust system; hydroformed assemblies; hangers and isolators for system installation, elimination of noise and vibration, and enhancement of useful life; and aftertreatment control units. In addition, the company provides ride performance products and systems, such as shock absorbers; struts; vibration control components; Kinetic suspension technology, a suite of roll-control and nearly equal wheel-loading systems; advanced suspension systems; Kinetic H2/CVSA semi active suspension systems; and other ride performance products comprising load assist products, springs, steering stabilizers, adjustable suspension systems, suspension kits, and modular assemblies. It sells its products to original equipment vehicle designers and manufacturers, repair and replacement markets, and aftermarket under the Monroe, Rancho, Clevite Elastomers, Marzocchi, Axios, Kinetic, Fric-Rot, Walker, XNOx, Fonos, DynoMax, and Thrush brands. The company was formerly known as Tenneco Automotive Inc. and changed its name to Tenneco Inc. in 2005. Tenneco Inc. was founded in 1987 and is based in Lake Forest, Illinois.

29,000 Employees
Last Reported Date: 07/24/15
Founded in 1987

tenneco inc (TNN) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $1.6M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $763.8K
Executive Vice President of Clean Air Divisio...
Total Annual Compensation: $733.5K
Executive Vice President of Technology, Strat...
Total Annual Compensation: $579.2K
Compensation as of Fiscal Year 2014.

tenneco inc (TNN) Key Developments

Tenneco Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Production and Revenue Guidance for the Third Quarter and Full Year of 2015

Tenneco Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company posted total net sales and operating revenues of $2,130 million against $2,241 million a year ago. Earnings before interest expense, income taxes, and non controlling interests were $155 million against $156 million a year ago. Earnings before income taxes and non controlling interests were $138 million against $137 million a year ago. Net income attributable to the company was $78 million or $1.26 diluted per share against $81 million or $1.32 diluted per share a year ago. Net cash provided by operating activities was $132 million against $114 million a year ago. Cash payments for plant, property & equipment were $73 million against $84 million a year ago. Cash payments for software-related intangible assets were $3 million against $2 million a year ago. For the six months, the company posted total net sales and operating revenues of $4,153 million against $4,335 million a year ago. Earnings before interest expense, income taxes, and non controlling interests were $275 million against $269 million a year ago. Earnings before income taxes and non controlling interests were $242 million against $231 million a year ago. Net income attributable to the company was $127 million or $2.06 diluted per share. Net cash used in operating activities was $82 million against $26 million a year ago. Cash payments for plant, property & equipment were $150 million against $167 million a year ago. Cash payments for software-related intangible assets were $8 million against $9 million a year ago. For the third quarter 2015, global light vehicle industry production is expected to increase 4% in the regions where Tenneco operates. Excluding currency, the company anticipates total revenue growth of about 6%. Based on current exchange rates, the company anticipates a currency headwind of approximately 7%. For the full year, the company expected revenue growth of 5%, excluding currency, within the company’s original range. The company expected that capital expenditures will be between $300 million and $320 million in 2015. The company expected cash taxes in the range of $150 million to $175 million in 2015.

Tenneco Inc. Intends to Discontinue Marzocchi Suspension Business

Tenneco Inc. announced that its intention to discontinue its Marzocchi motor bike fork suspension business and its mountain bike business, and liquidate its Marzocchi operations. These actions are subject to a consultation process with the employee representatives and in total would eliminate approximately 138 jobs. Tenneco intends to assist its motor bike customers with the transition of current production to an alternative supplier and expects to complete the closure by the end of 2015.

Jaguar Land Rover Chooses Tenneco Inc.'s High-Performance Suspension Technology for All-New XE Sports Sedan

Tenneco Inc. announced that Jaguar Land Rover has chosen Tenneco’s high-performance suspension technology for its all-new XE sports sedan. The vehicle’s lightweight, high-pressure gas monotube shock absorbers offer vehicle stability and handling as a result of valve technology. The special design provides more mounting options, higher potential damping levels and a better response compared with twin tube shocks.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TNN:GR €44.97 EUR -0.423

TNN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Crane Co $53.20 USD -0.02
Dana Holding Corp $18.56 USD +0.02
Federal-Mogul Holdings Corp $11.20 USD +0.04
Regal Beloit Corp $69.43 USD +0.83
Visteon Corp $99.53 USD +0.26
View Industry Companies
 

Industry Analysis

TNN

Industry Average

Valuation TNN Industry Range
Price/Earnings 13.7x
Price/Sales 0.4x
Price/Book 5.5x
Price/Cash Flow 7.1x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TENNECO INC, please visit www.tenneco.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.