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Trinity Industries Inc (TRN)

TRN on New York Consolidated

23.84USD
27 Sep 2016
Change (% chg)

$0.01 (+0.04%)
Prev Close
$23.83
Open
$23.69
Day's High
$23.94
Day's Low
$23.53
Volume
919,484
Avg. Vol
1,841,976
52-wk High
$30.38
52-wk Low
$14.94

Latest Key Developments (Source: Significant Developments)

Valueact Capital Master Fund LP reports 6.8 pct stake in Trinity Industries
Friday, 29 Jul 2016 06:19am EDT 

Trinity Industries Inc : Valueact Capital Master Fund LP reports 6.8 pct stake in Trinity Industries Inc as of July 18, 2016 - SEC filing . Valueact Capital Master Fund says intends to have talks with Trinity Industries management and board to "discuss ways to enhance shareholder value" .Valueact Capital Master Fund says purchased securities of Trinity Industries based on their belief that the securities were "undervalued".  Full Article

Trinity Industries announces second quarter 2016 results
Thursday, 21 Jul 2016 04:15pm EDT 

Trinity Industries Inc : Trinity industries, inc. Announces second quarter 2016 results . Sees fy 2016 earnings per share $2.00 to $2.30 . Q2 earnings per share $0.62 . Q2 revenue $1.2 billion versus i/b/e/s view $1.18 billion . Q2 earnings per share view $0.48 -- Thomson Reuters I/B/E/S .Fy2016 earnings per share view $2.12 -- Thomson Reuters I/B/E/S.  Full Article

Trinity Industries Inc declares quarterly dividend
Thursday, 10 Mar 2016 04:16pm EST 

Trinity Industries Inc:Declared a quarterly dividend of 11 cents per share on its $0.01 par value common stock.Payable on April 29 to stockholders of record date as on April 15.  Full Article

Trinity Industries Inc gives FY 2016 EPS outlook
Thursday, 18 Feb 2016 04:15pm EST 

Trinity Industries Inc:Says for the fy 2016, the Company anticipates earnings per common diluted share of between $2.00 and $2.40.  Full Article

Trinity Industries, Inc. Renews $250 Million Share Repurchase Program and Declares Quarterly Dividend
Thursday, 10 Dec 2015 04:15pm EST 

Trinity Industries, Inc:renewed its $250 million share repurchase program effective January 1, 2016 through December 31, 2017.program replaces Trinity's current share repurchase program of the same amount that will expire on December 31, 2015.declared a quarterly dividend of 11 cents per share on its $0.01 par value common stock.quarterly cash dividend is payable January 29, 2016 to stockholders of record on January 15, 2016.  Full Article

Trinity Industries, Inc announces $1 bln extension of strategic railcar alliance with Element Financial Corporation
Wednesday, 14 Oct 2015 08:11am EDT 

Trinity Industries, Inc:Trinity Industries Inc announces $1 billion extension of strategic railcar alliance with Element Financial Corporation.Says expected to acquire up to an additional $1 billion of leased railcars during the period of 2016 through 2019.Consistent with existing alliance, sales are expected to be reported in both the rail and leasing and management services groups.At this time, the amount of expected sales to Element in each year of the extended alliance has not been determined.Says unit trinityrail asset management company announced extension of railcar alliance with Element Financial Corp.Says tilc will continue to act as exclusive servicer for the leased railcars purchased by Element under the alliance.  Full Article

Trinity Industries declares quarterly dividend
Wednesday, 9 Sep 2015 06:31pm EDT 

Trinity Industries:Declared a quarterly dividend of 11 cents per share on its $0.01 par value common stock.Says quarterly cash dividend, representing Trinity's 206th consecutively paid dividend, is payable October 30, 2015 to stockholders of record on October 15, 2015.  Full Article

Trinity Industries Inc raises FY 2015 EPS outlook
Thursday, 23 Jul 2015 04:05pm EDT 

Trinity Industries Inc:Anticipates FY 2015 earnings per common diluted share of between $4.45 and $4.75 compared to previous FY 2015 earnings guidance of $4.10 to $4.45 per share.FY 2015 EPS of $4.43 - Thomson Reuters I/B/E/S.  Full Article

Trinity Industries Inc ordered to pay $663.4 mln in guardrail case - Reuters
Monday, 8 Jun 2015 08:00pm EDT 

Trinity Industries Inc:A U.S. judge ordered Trinity Industries Inc to pay $663.4 million after a federal jury found it liable for failing to tell a government highway agency about changes made to a widely used guardrail system that raised safety concerns - Reuters.U.S. District Judge Rodney Gilstrap in Texas tripled the $175 million jurors had unanimously ordered Trinity to pay last October, to $525 million, and added $138.4 million in civil penalties over its ET-Plus guardrail head system.Gilstrap also rejected the company's bid to overturn the original verdict.Trinity, Jeff Eller, said the company believes that no fraud had been committed and that it will seek to reverse the judgment.Under the False Claims Act, the majority of the $663.4 million will go to the U.S. government.Gilstrap awarded Harman $218 million, which includes 30 percent of the overall judgment and nearly $19 million in attorney fees, saying the U.S. government's decision not to participate in the trial "left the full burden of prosecuting" that case to Harman and his attorneys.  Full Article

AZZ Inc announces agreement to acquire galvanizing business of Trinity Industries
Friday, 5 Jun 2015 08:59am EDT 

AZZ Inc:Acquires the assets of U.S. Galvanizing, LLC, a wholly-owned subsidiary of Trinity Industries, Inc.Says the acquisition to be accretive to the current fiscal year.  Full Article

BRIEF-Trinity Industries and Trinity Highway Products received confirmation from U.S. Attorney for District of Massachusetts

* On August 18, 2016, co and Trinity Highway products received confirmation from U.S. Attorney for district of Massachusetts