Dana Announces Sale of European Hydraulics Business [Yahoo! Finance]
Dana Incorporated (DAN)
Last dana incorporated earnings: 4/30 06:59 am
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=66043&p=irol-irhome
Company Research
Source: Yahoo! Finance
and product portfolio, the company has entered into a definitive agreement to sell its European hydraulics business to HPI Group, a hydraulics business jointly held by Apogee Group and EiM Capital. The transaction is expected to be completed in the first half of 2024, subject to regulatory approvals and customary closing conditions. The transaction includes operations in Italy France , and Germany that produce industrial components, including hydraulic motors, pumps, valves, and power packs. In 2023, the business generated approximately $90 million in sales to external customers. Under the terms of the agreement, Dana will enter into a supply agreement whereby the newly combined hydraulics business will continue to provide components to Dana. "The sale of our European hydraulics production facilities allows us to focus on industrial system sales while having access to a broader portfolio through a supply agreement," said Jeroen Decleer, senior vice president and president, Dan
Show less
Read more
Impact Snapshot
Event Time:
DAN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DAN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DAN alerts
High impacting Dana Incorporated news events
Weekly update
A roundup of the hottest topics
DAN
News
- Dana Incorporated (NYSE:DAN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Dana Incorporated (NYSE: DAN) had its price target raised by analysts at Oppenheimer Holdings Inc. from $17.00 to $18.00. They now have an "outperform" rating on the stock.MarketBeat
- Dana (DAN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
- Dana Earns an Automotive News PACE Award for Multi-mode, Power-split Transmission SystemPR Newswire
- Dana Incorporated Reports 2024 First-Quarter Financial Results With Increased Sales, Adjusted EBITDA, and Free Cash Flow Raises Full-Year Free Cash Flow Guidance [Yahoo! Finance]Yahoo! Finance
DAN
Earnings
- 4/30/24 - Miss
DAN
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/26/24 - Form 8-K
- DAN's page on the SEC website