Titan International, Inc.
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Shakedown in the Tire Industry
By Vanina Egea - June 19, 2013 | Tickers: CTB, GT, TWI
The latest news regarding Indian company Apollo Tyres acquiring Cooper Tire and Rubber (NYSE: CTB), one of the largest US tire producers, has been a surprise for all of us. At $2.5 billion, it is one of the biggest acquisitions involving an Indian acquirer and a US target. The combined entity will be a major worldwide player, and Cooper will help Apollo to get into the European and US more »
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Apollo Tyres Bought Cooper: Will the Tire Industry Grow Again?
By Louie Grint - June 18, 2013 | Tickers: CTB, GT, TWI
The very recent acquisition of Cooper Tire & Rubber (NYSE: CTB) by Apollo Tyres of India is proof that that the tire sector is gaining dynamism after being hit by the long recession in the automobile industry.
With the exception of Europe, increasing auto sales around the world are starting to drive profits for tire companies again. However, not every company will profit as much as its peers from this incipient more »
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Is There More Steam Left in Rubber Companies?
By Jacob Wolinsky - May 31, 2013 | Tickers: CTB, GT, TWI
Declining rubber prices this year have helped consumers of the commodity in a big way. Tire producers such as Cooper Tire & Rubber (NYSE: CTB), The Goodyear Tire & Rubber (NASDAQ: GT), and Titan International (NYSE: TWI) have benefited from the trend so far, but it remains to be seen if the rally can be sustained.
Earlier this month, Cooper Tire reported what could be called a disappointing quarterly report in a more »
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Tuesday's Post-Earning Movers: Are These Worth Buying?
By Brian Nichols - February 28, 2013 | Tickers: CBRL, M, TWI, TSL
Earnings and earning-related news is the number one catalyst for stock movement. A strong quarter can dictate the direction of a stock for the following three months as can a bad quarter; in the past I have written in detail about such subjects, a domino effect following a strong or bad quarter. In this piece I am looking at the early performance of Tuesday’s top movers following earnings. Then more »
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4 Winners as Brazil Prepares to Take Center Stage
By Howard Rothman - February 22, 2013 | Tickers: CAT, DE, FMC, TWI
Brazil is considered one of the world’s most important emerging nations, and it’s closer to the U.S. in many ways than any other. Still, North American investors rarely focus on the country and its role in global corporate performance. China, Russia, even India — the other members of the famed BRIC quartet of newly developing economies — get the lion’s share of attention. But Brazil is hot, and more »
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What to Consider Regarding Titan’s Q4
By Howard Rothman - February 20, 2013 | Tickers: CAT, JOY, TWI
Titan International (NYSE: TWI) is a U.S.-based manufacturer of wheels and tires in three segments: earthmoving/construction/mining, agricultural, and consumer. It's shares are up just 3.5% over the past year, pummeled by a major downturn that began in early June and hit bottom at the end of September. But since then its shares have risen nearly 44%. Can the momentun continue, or is this just more »
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4 Titanic Questions
By Howard Rothman - December 3, 2012 | Tickers: CAT, CMI, DE, TWI |
Titan International Inc. (NYSE: TWI) is a U.S.-based manufacturer of wheels and tires in three segments: earthmoving/construction/mining, agricultural and consumer. The company has lost about 30% of its value since the spring, and had a rough third quarter when production at one of its main U.S. plants fell far short of orders—a problem officials blamed on a new IT system and attributed to tens more »
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Stop Making Investing So Hard
By Adem Tahiri - November 27, 2012 | Tickers: DE, LQDT, ORLY, ORCL, TWI
Jason Zwieg’s book “Your Money and Your Brain” shows that our brains get more of a kick from “finding the next big winner” then from actually collecting money from a proven winner.
That "big winner" syndrome, so to speak, resonated with me. I couldn’t help but remember all the stocks that I had bought after searching and scouring as if I was a treasure hunter only to see more »
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Titan – Is it Really Moving the World?
By Madhuchhanda Chatterjee - October 4, 2012 | Tickers: BRDCY, MGDDF, TWI
The leader in tire manufacturing, Titan Inc. has faced its ups and downs. But despite everything, it has persevered, moving on to occupy a well-respected position in the global market. Let us take a more careful look at the company.
Titan originally started its business, as the "Titan Tire Corporation” in 1993, manufacturing only various off-the-road tires. They continued expanding their product offering and reach by purchasing the off-road tire more »
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1 Reason to Wait before Clicking the Buy Button
By Justin Carley - March 26, 2012 | Tickers: AAPL, BAC, HIG, LEA, TWI
More than two months ago I highlighted the importance of expanding consumer credit and how its strong uptrend was an indication of a continued cyclical bull market. I highlighted four stocks that could outperform, and in the 71 days since, all of them have. Bank of America (NYSE:BAC), one the largest financial institutions in the United States with assets in excess of $2 trillion, has popped 48% since its more »
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Are You a Commodity Bull? If So, Look at These 2 Stocks
By Justin Carley - February 23, 2012 | Tickers: CLF, TWI
Are you China Growth Believer? If so, look at These two Stocks
If you like the commodity bull thesis, put away the sketchy commodity ETFs, and especially ETNs, and look to these two North American based stocks. The first is a direct play on iron ore, Cliffs Natural Resources (NYSE: CLF) and the other is Titan International (NYSE: TWI) Titan reported awesome numbers today, but the market is selling off more »
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Deleveraging and its Implications
By Justin Carley - January 10, 2012 | Tickers: BAC, HIG, LEA, TWI
I have recently been seeing articles on how the deleveraging cycle in the United States is nearing an end. I think the concept can have significant ramifications on the performance of risk assets and is a key factor in predicting cyclical peaks and troughs in various asset classes. Generally, deleveraging would have negative economic implications and will stifle inflation regardless of monetary policy actions. This is exactly what we have more »