Dana Holding Corp Stock News

The Federal Competition and Consumer Protection Commission (FCCPC) has commenced investigations into the fare hike by Airline Operators of Nigeria (AON), saying Civil Aviation Act and Consumer Protection Act prohibit such ‘price-fixing’. The commission said it’s investigations showed the airlines colluded to increase air fares against Section 107 (1)(a) and Section 108 of the Federal Competition and Consumer Protection Act, 2018 ( FCCPA). The AON last week came out debunking what they described as rumours that they colluded to fix N50, 000 base fares for a one-way ticket for domestic travel in the country. However, Babatunde Irukera, executive vice chairman/chief executive FCCPC, in a press statement in Abuja said the airlines were culpable as they did so in a coordinated manner stressing that the FCCPA prohibits conduct or any coordination between competitors including on the platform of trade associations. Irukera, in the statement entitled, ‘Coordinated increase in airfares by certain scheduled operators’ stated: “Specifically, Section 107 (1)(a) forbids competitors from fixing prices, and Section 108 prohibits any conspiracy, combination, agreement or arrangement between competitors in any manner that unduly restrains or injures competition”.

Dana Incorporated found using ticker (DAN) have now 9 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 30 and 24 calculating the average target price we see 26.22. Now with the previous closing price of 19.67 this would imply there is a potential upside of 33.3%. The day 50 moving average is 22.4 and the 200 moving average now moves to 23.43. The company has a market cap of $2,686m. Find out more information at: https://www.dana.com [stock_market_widget type="chart" template="basic" color="green" assets=DAN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,580m based on the market concensus. Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies.

Barclays cut the price target on MasTec, Inc. (NYSE: MTZ) from $140 to $120. MasTec shares fell 0.1% to $79.00 in pre-market trading. Wedbush lowered United Therapeutics Corporation (NASDAQ: UTHR)

Dana (DAN) is down 8% after the company missed bottom-line consensus in its fourth quarter earnings report. Revenue of $2.27B (+7.6% Y/Y) beats consensus by $90M

Tenneco''s announced $20/share sale to private equity firm Apollo Global (APO) reads well for ICE-leveraged peers Dana Inc. (DAN) and BorgWarner Inc

Dana Inc (NYSE: DAN ) reported fourth-quarter FY21 sales growth of 7.7% year-on-year, to $2.27 billion, beating the consensus of $2.17 billion. Customer demand in heavy-vehicle markets and the recovery of commodity cost inflation drove the revenue growth. Sales from Light Vehicle fell 0.6% Y/Y to $974 million, Commercial Vehicle increased 20.1% to $400 million, Off-Highway climbed 24.6% to $662 million, and Power Technologies declined Full story available on Benzinga.com

By Oluwatosin Ajayi IBADAN(GVE)- The management of Dana Air has said the air return made in Abuja by its Lagos-bound aircraft was due to bad weather. Global Village Extra had reported that a Dana flight made an emergency landing in Abuja at 2:25p.m. The fully-loaded plane developed a yet-to-be ascertained problem, leading to the emergency landing. The pilot was said to have announced mid-air that the flight could no longer continue for some obvious reasons. However, in a statement by Danas Communication Manager, Kingsley Ezenwa, the firm said it was just a case of bad weather that made the pilot decided to land. Ezenwa said: Our flight 9J 336 from Abuja to Lagos on 23rd February 2022, had an air return due to bad weather at destination The passengers on the aircraft were advised to disembark and board another of our aircraft on ground so the aircraft that had the air return could refuel for another flight. At Dana Air, the safety of our crew and passengers will remain at the centre of everything we do and this commitment wont change anytime soon.

The management of Dana Air has said the emergency landing made in Abuja by its Lagos-bound aircraft was due to bad weather. Vanguard reported that a Dana flight made an emergency landing in Abuja at 2:25p.m. The fully-loaded plane developed a yet-to-be ascertained problem, leading to the emergency landing. The pilot was said to have announced mid-air that the flight could no longer continue for some obvious reasons. Read the full story HERE . However, in a statement by Danas Communication Manager, Kingsley Ezenwa, the firm said it was just a case of bad weather that made the pilot decided to land. Ezenwa said: Our flight 9J 336 from Abuja to Lagos on 23rd February 2022, had an air return due to bad weather at destination. The passengers on the aircraft were advised to disembark and board another of our aircraft on ground so the aircraft that had the air return could refuel for another flight. At Dana Air, the safety of our crew and passengers will remain at the centre of everything we do and this commitment wont change anytime soon.

Dana Incorporated (DAN) CEO James Kamsickas on Q4 2021 Results - Earnings Call Transcript

Dana (DAN) delivered earnings and revenue surprises of -100% and 3.49%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Dana press release (DAN): Q4 GAAP EPS of $0.18 misses by $0.08.Revenue of $2.27B (+7.6% Y/Y) beats by $90M.Adjusted EBITDA for the fourth quarter of 2021 was $118 million, compared

MAUMEE, Ohio, Feb. 23, 2022 /PRNewswire/ -- Full-year Results Sales of $8.9 | February 23, 2022

MAUMEE, Ohio, Feb. 23, 2022 /PRNewswire/ -- Full-year Results Sales of $8.9 billion, an increase of $1.8 billion Net income attributable to Dana of $197 million, an increase of $228 million Diluted EPS of $1.35, an increase of $1.56 Adjusted EBITDA of $795 million; margin of 8.9 percent