Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for July, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- FED Front & Center Again
- Roundtable Top Picks of the Week
- RTI: Sector Strength Charts - Where's the Opportunity Now?
- Surging Financial ETFs Beating the Market
- Utility Industry Stock Outlook - June 2013
- 3 Japanese Stocks to Buy Now
- Your Next Stock Should Be Making New Highs
- Anatomy of Success: Stoneridge (SRI)
- RTI: What Will the Fed Do Wednesday?
- AWS 6/19: Will Bernanke Clarify Matters Today?
- PFP 6/19: Investors Bold in Wake of the Fed
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 06/19/2013
| Company Name | Symbol | %Change |
|---|---|---|
| LUMOS NETWOR | LMOS | 4.51% |
| SUPPORTCOM I | SPRT | 4.42% |
| SONIC FOUNDR | SOFO | 4.10% |
| SUMITOMO MIT | SMFG | 3.57% |
| RENEWABLE EN | REGI | 3.47% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Tenneco Inc. (TEN - Analyst Report) has announced the opening of its first manufacturing plant in Osaka, Japan. The company plans to expand its business in the country with this facility and its engineering and manufacturing capabilities.
The Osaka plant will manufacture emission control systems for Kubota, which is one of the leading global manufacturers of engines and equipment for agricultural and industrial applications. The plant will also be manufacturing diesel after-treatment systems including diesel oxidation catalysts and diesel particulate filters for commercial vehicle applications over the period.
Tenneco, the leading maker of emission control and ride control systems, currently supports customers in North America, Europe, Brazil, China, India, South Korea and Japan to comply with the stringent emissions standards worldwide. Other than the Osaka plant, the company operates in Japan with technical center in Yokohama and offices in Nagoya and Hiroshima.
Tenneco plans to improve its capabilities in Japan along with providing the customers with the leading technologies, outstanding engineering support and cost-effective solutions. At present, the company provides emission control and ride control products to seven Japan-based light vehicle manufacturers.
Tenneco, in the second quarter of 2012, registered a 40% increase in profit (excluding special items) to $70 million or $1.14 per share from $50 million or 81 cents in the comparable quarter last year. The earnings per share also breezed past the Zacks Consensus Estimate by 17 cents.
Total revenues increased marginally to $1.92 billion, but failed to meet the Zacks Consensus Estimate of $2.04 billion. The year-over-year growth was attributable to a rise in production of light vehicles in North America and China along with higher commercial vehicle revenues around the world.
Tenneco, which competes with Meritor Inc. (MTOR - Analyst Report), maintains a Zacks #3 Rank, which translates into a short-term (1 to 3 months) Hold rating. Currently, we have a long-term Neutral recommendation on the stock.
Get the full Analyst Report on TEN - FREE
Get the full Analyst Report on MTOR - FREE