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Tuesday, July 29, 2014

TRW Automotive Q2 profit beats expectations; revenue rises, (NYSE: TRI), (TSE: TRI.TO), (NYSE: TRW), (NASDAQ: TUES)

Auto systems supplier TRW Automotive Holdings Corp, targeted for takeover by ZF Friedrichshafen, easily beat Wall Street profit expectations for the second quarter as revenue rose 2 percent.Excluding one-time items, TRW earned $2.32 per share in the quarter, versus $2.02 a year earlier, it said on Tuesday. Analysts expected earnings of $2.12 per share, excluding one-time items, according to a poll by Thomson Reuters I/B/E/S.Earlier this month, Germany's privately held ZF Friedrichshafen said it was in takeover talks with TRW, which confirmed it had been approached about a takeover.In a conference call with analysts on Tuesday morning, TRW Chief Executive Officer John Plant said that the company will not during the call advance its statement from earlier this month that it is evaluating the takeover proposal and has not set a timetable for the completion of that review process.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $37.07. In the past year, the shares have traded as low as $32.87 and as high as $38.73. On average, 761364 shares of TRI exchange hands on a given day and today's volume is recorded at 0.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.38% or $0.15/share to $40.03. In the past year, the shares have traded as low as $34.52 and as high as $42.10. On average, 574203 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 395804.

TRW Automotive Holdings Corp. (TRW Automotive) is a supplier of automotive systems, modules and components to global automotive original equipment manufacturers (OEMs) and related aftermarkets. Shares of TRW remained unchanged at $104.36. In the past year, the shares have traded as low as $68.09 and as high as $106.87. On average, 1257700 shares of TRW exchange hands on a given day and today's volume is recorded at 500.

Tuesday Morning Corporation is a closeout retailer of upscale decorative home accessories, housewares, and famous-maker gifts in the United States. Shares of TUES remained unchanged at $16.39. In the past year, the shares have traded as low as $10.58 and as high as $19.25. On average, 603157 shares of TUES exchange hands on a given day and today's volume is recorded at 0.



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