MAUMEE, Ohio, April 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced the commencement of a cash tender offer (the “Offer”) to purchase any and all of the outstanding $425 million aggregate principal amount of its 5.500% Senior Notes due 2024 (CUSIP No. 235825AE6) (the “Notes”), upon the terms and conditions set forth in… Continue reading 06:59 ETDana Incorporated Announces Tender Offer and Consent Solicitation for 2024 NotesDana Incorporated (NYSE: DAN) (“Dana”) today announced the com…
Author: Dana_Corporation Official News
06:59 ETDana Launches $400 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that it is commencing, subject to marke…
MAUMEE, Ohio, April 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it is commencing, subject to market conditions, a registered offering of $400 million aggregate principal amount of senior unsecured notes due 2030. The company intends to allocate the net proceeds from the offering to finance or refinance, in whole or in part,… Continue reading 06:59 ETDana Launches $400 Million Senior Notes OfferingDana Incorporated (NYSE: DAN) (“Dana”) today announced that it is commencing, subject to marke…
06:59 ETDana Incorporated Reports Strong 2021 First-quarter Financial Results; Including Higher Sales; Raises Full-year GuidanceKey Highlights Sales o…
MAUMEE, Ohio, April 28, 2021 /PRNewswire/ — Key Highlights Sales of $2.3 billion, an increase of $337 million Net income attributable to Dana of $71 million, an increase of $13 million Diluted EPS of $0.48, an increase of $0.08 Adjusted net income attributable to Dana of $97 million, an increase of $29 million Adjusted EBITDA… Continue reading 06:59 ETDana Incorporated Reports Strong 2021 First-quarter Financial Results; Including Higher Sales; Raises Full-year GuidanceKey Highlights Sales o…
07:00 ETDana Incorporated Publishes Sustainability and Social Responsibility Report Detailing Vision for a Better WorldDana today published A Better W…
MAUMEE, Ohio, April 22, 2021 /PRNewswire/ — Dana today published A Better Way — the company’s all-digital and interactive annual Sustainability and Social Responsibility Report. The report, available on Dana.com, details the company’s commitment to empowering its people, innovating new products, and protecting the planet to deliver on Dana’s vision for a better world. “Sustainability and social… Continue reading 07:00 ETDana Incorporated Publishes Sustainability and Social Responsibility Report Detailing Vision for a Better WorldDana today published A Better W…
07:00 ETDana Expands Production of All-Wheel-Drive Axle Systems to Support Additional Ford, Lincoln Vehicle Programs in ChinaDana Incorporated (NYSE: …
SHANGHAI, April 19, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced that the company is now supporting an expanded roster of Ford Motor Company all-wheel-drive vehicle programs from its state-of-the-art manufacturing facility in Chongqing, China. Dana recently began producing its award-winning Spicer AdvanTEK Ultra™ axles with Spicer SmartConnect™ disconnecting all-wheel-drive (AWD) systems for the… Continue reading 07:00 ETDana Expands Production of All-Wheel-Drive Axle Systems to Support Additional Ford, Lincoln Vehicle Programs in ChinaDana Incorporated (NYSE: …
Mar 01, 2021, 07:21 ETDana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics CapabilitiesDana Incorporated (N…
MAUMEE, Ohio, March 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has acquired Pi Innovo LLC a leader in embedded software solutions and electronic control units to support the light vehicle, commercial vehicle, and off-highway markets. Dana previously held a non-controlling interest. Headquartered near Detroit, Michigan, USA, the acquisition of Pi Innovo… Continue reading Mar 01, 2021, 07:21 ETDana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics CapabilitiesDana Incorporated (N…
Feb 18, 2021, 06:59 ETDana Incorporated Reports 2020 Financial Results, Including Strong New Business Backlog of $700 million; Issues Guidance for 202…
MAUMEE, Ohio, Feb. 18, 2021 /PRNewswire/ — Full-year Results Sales of $7.1 billion, a decrease of $1.5 billion driven by effects of global pandemic Net loss attributable to Dana of $31 million; diluted EPS a loss of $0.21 Adjusted EBITDA of $593 million, margin of 8.3 percent of sales Diluted adjusted EPS of $0.39 Operating… Continue reading Feb 18, 2021, 06:59 ETDana Incorporated Reports 2020 Financial Results, Including Strong New Business Backlog of $700 million; Issues Guidance for 202…
Peterbilt and Dana Announce Collaboration on Electric Truck Powertrain Development
LAS VEGAS, Jan. 8, 2020 /PRNewswire/ — Peterbilt Motors Company and Dana Incorporated (NYSE: DAN) have announced their collaboration on electric powertrain development for Peterbilt Model 220EV battery electric vehicles. The announcement was made in conjunction with CES that opened yesterday in Las Vegas. Peterbilt will integrate Dana’s Spicer® Electrified™ e-propulsion system into its 220EV chassis.… Continue reading Peterbilt and Dana Announce Collaboration on Electric Truck Powertrain Development
Dana Announces Early Results of Tender Offer and Consent Solicitation for 2023 Notes
MAUMEE, Ohio, Nov. 22, 2019 /PRNewswire/ – Dana Incorporated (NYSE: DAN) (“Dana”) today announced that as of 5:00 p.m., New York City time, on November 21, 2019 (the “Early Tender Time”), holders of approximately $162 million aggregate principal amount, or approximately 54% of the outstanding principal amount, of its outstanding 6.000% Senior Notes due 2023 (the… Continue reading Dana Announces Early Results of Tender Offer and Consent Solicitation for 2023 Notes
New Solar Array to Power Dana’s Toledo Operation, Providing Renewable Energy and Neighborhood Investment
TOLEDO, Ohio, Nov. 21, 2019 /PRNewswire/ — The Greater Toledo Community Foundation and numerous partners today kicked off the development of a solar array, located in Toledo’s Overland Industrial Park, that will generate clean, renewable electricity for the 300,000 square foot axle assembly operation of Dana Incorporated (NYSE: DAN), while investing hundreds of thousands of… Continue reading New Solar Array to Power Dana’s Toledo Operation, Providing Renewable Energy and Neighborhood Investment