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Tower International Inc (TOWR.N)

TOWR.N on New York Stock Exchange

29.38USD
20 Nov 2018
Change (% chg)

$-0.60 (-2.00%)
Prev Close
$29.98
Open
$30.25
Day's High
$31.04
Day's Low
$29.35
Volume
43,854
Avg. Vol
32,700
52-wk High
$36.60
52-wk Low
$24.02

Latest Key Developments (Source: Significant Developments)

Tower Signs An MOU To Sell Its European Operations
Tuesday, 20 Nov 2018 08:00am EST 

Nov 20 (Reuters) - Tower International Inc ::PRESS RELEASE - TOWER SIGNS A MEMORANDUM OF UNDERSTANDING TO SELL ITS EUROPEAN OPERATIONS AT AN ACCRETIVE VALUE.TOWER INTERNATIONAL INC - BEFORE FEES AND OTHER CUSTOMARY ADJUSTMENTS, ANTICIPATED SALE PRICE REPRESENT AN ENTERPRISE VALUE OF EUR 255 MILLION.TOWER INTERNATIONAL INC - FINANCIAL RESULTS FOR FULL YEAR 2018 ARE PROJECTED AT REVENUE OF $650 MILLION.TOWER INTERNATIONAL INC - FINANCIAL RESULTS FOR FULL YEAR 2018 ARE PROJECTED AT ADJUSTED EBITDA OF $55 MILLION.TOWER INTERNATIONAL INC - EXPECTS TO RECOGNIZE A BOOK LOSS OF APPROXIMATELY $60 MILLION RELATED TO SALE OF EUROPEAN OPERATIONS.  Full Article

Tower International says Q3 earnings per share $0.72
Monday, 30 Oct 2017 08:00am EDT 

Oct 30 (Reuters) - Tower International Inc -:Tower International reports third quarter results and increases outlook for revenue and adjusted earnings per share.Q3 earnings per share $0.72.Q3 revenue $462 million versus I/B/E/S view $451.1 million.Q3 earnings per share view $0.76 -- Thomson Reuters I/B/E/S.Sees FY revenue $1.98 billion.Tower International Inc - ‍company is raising its FY outlook for adjusted earnings per share by 10 cents to $3.70 per share​.Tower International Inc - ‍re-affirming FY outlook for adjusted EBITDA of $210 million and positive free cash flow of $55 million​.FY2017 earnings per share view $3.63 -- Thomson Reuters I/B/E/S.  Full Article