| Tenneco Reports Improved Year-Over-Year Third Quarter Results on ...
LAKE FOREST, Ill., Oct. 30 /PRNewswire-FirstCall/ -- Tenneco (NYSE: TEN) reported third quarter net income of $21 million, or 45-cents per diluted share, up from $7 million, or 16-cents per diluted share in third quarter 2006. Adjusted for the items below, net income was $19 million, or 39-cents per diluted share, versus net income of $11 million, or 26-cents per diluted share a year ago (the tables in this press release reconcile GAAP results to non-GAAP results). The comparative 2006 results reflect adjustments made in Tenneco's restated financial statements filed in August 2007. EBIT (earnings before interest, taxes and minority interest) was $57 million, a 31% increase over $43 million a year ago. Adjusted EBIT was $65 million, versus $50 million in third quarter 2006. Strong OE volumes in North America from new diesel platform launches and growth in China drove the improvement.
Archive for: December, 2007
Between the Lines Latest Post | Last 10 Posts | Archives News to know 2007: The final edition Posted in: News to know It's New Year's eve and soon the beginning of another year in technology. At this point, I'm somewhat dislocated from the river of blogs and news. I've spent some of the holiday time observing eagles as they float above the river and feast on spawning salmon. But my attention is gradually turning to the tech world, with the massive CES in Las Vegas on the horizon. While CES is known as the consumer electronics show, it increasingly has application in the business world as personal and professional lives are fused with technology. Following are the some of the final ZDNet headlines for 2007.
Jeff Thelen's Blog
THANK YOU FOR ALL THE LAUGHS DURING 2007 AND HOPE YOU WILL GIVE US LOTS MORE IN 2008. WATCHING CHANNEL NEWS IS INFORMING AND ALSO CAN LIFT ONES SPIRITS AND MAKE ONE LAUGH. EVERYBODY SEEMS TO GET ALONG SO WELL AND JUST A JOY TO WATCH. JBIt's all a big act and we really dislike each other. Just kidding. Yea, the group is a pretty close knit one. You have a great Christmas and New Year as well.Jeff, Happy Holidays to you. I hope you know that you do a great job with the news. I have to ask about your popcorn ball making this year, you haven't mentioned it. Also, I saw the tennis shoes on Sharing your Holidays thank you, are your feet acting up again? Lori in AntigoHi Lori. Look for a special feature story on the annual Thelen popcorn ball party on Christmas Day and on the web channel after that.
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