This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Timken Reports Third-Quarter Results 2009-10-29 07:20 ET - News Release - Cost controls and working-capital management drive third-quarter
earnings and cash flow
- Company increases full-year earnings estimate
- Needle Roller Bearings business sale on track for year-end
completion
 Company Website:
http://www.timken.com CANTON, Ohio -- (Business Wire)
The Timken Company (NYSE: TKR) today reported sales of $763.6 million
for the third quarter of 2009, a decrease of 43 percent over the same
period a year ago. The sales decline reflects weaker demand in many of
the company’s end markets and lower surcharges, partially offset by
improved pricing. Sales for all periods exclude the results of the
Needle Roller Bearings business, accounted for as “discontinued
operations.”
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