Shares of Timken Company (The) (NYSE:TKR) rose by 1.29% in the past week and 1.77% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 1.25% and the outperformance increases to 1.25% for the last 4 weeks.
The Timken Co. of North Canton said it has completed its acquisition of the Carlstar Belts Business of Springfield, Mo. Timken purchased the business from private equity firm American Industrial Partners in an acquisition it announced early last month.
Timken Company (The) (NYSE:TKR) rose 1.73% or 0.54 points on Friday and made its way into the gainers of the day. After trading began at $31.34 the stock was seen hitting $32 as a peak level and $31.34 as the lowest level.