Air bag issues lead to Nissan recall

Nissan officials are recalling more than 226,000 cars from the model years 2002 to 2004 due to a potentially defective air bag system made by Japanese company Takata Corp. The recall is expected to begin Aug. 11.

Jul 28, 2014 11:07 AM

Compromise floated in Noranda's Missouri rate battle with utility

Aluminum maker has said it could be forced to close 900-worker plant without relief
Jul 25, 2014 1:12 PM

Cat Financial Q2 up 32%

Caterpillar Financial Services posted a second-quarter profit of $146 million, a jump of 32 percent from a year ago, when it took a $23 million hit on currency swings. The West End-based division of equipment manufacturer Caterpillar also got a boost from a higher net yield on its assets and some growth in its total asset base to $36.5 billion.

Jul 25, 2014 10:05 AM

Beretta moving all manufacturing to Gallatin facility

Company leaving Maryland over 'obstructive' gun legislation
Jul 22, 2014 5:00 PM

Tennessee Steel Haulers buys fellow local trucking firm

President of refrigerated transport venture staying on after managing retrenchment
Jul 22, 2014 7:21 AM
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Auto parts manufacturer CTP hires product management exec

Eaton veteran to oversee pricing, marketing, planning at company that moved HQ here in '11
Jul 21, 2014 7:11 AM

Analyst action: Pinnacle, Clarcor

Kevin Reynolds at Wunderlich Securities has raised his price target for shares of Pinnacle Financial Partners to $40 from $37 after the bank holding company reported its Q2 numbers. Reynolds says investors shouldn't put too much stock in the earnings beat because of a smaller loan loss provision, but he nonetheless likes Pinnacle's long-term prospects. Pinnacle shares (Ticker: PNFP) closed Thursday trading at $36.05 and are up 11 percent so far in 2014.

At Robert W. Baird, analyst Richard Eastman has hiked his rating on Clarcor shares to 'outperform' from 'neutral,' citing better fundamentals, the benefit of recent acquisitions and a decent valuation. He sees Clarcor (Ticker: CLC), which closed Thursday at $60.46, climbing to $67 in the coming quarters.

Jul 18, 2014 7:19 AM

Hedge fund favorite boost for Noranda shares

Keep an eye on shares of Noranda Aluminum (Ticker: NOR) today. They got a nice boost Wednesday after prominent hedge fund manager Larry Robbins — the man who had a lot to do with the sale of Health Management Associates to Community Health Systems — named the Franklin-based company as one of his favorite investing ideas. Now to follow through...

Jul 17, 2014 8:33 AM

Global spirits company looking for Nashville distiller

At this point, the Our/ page for Nashville is a pretty blank slate with an invitation to throw your hat into Pernod Ricard's ring.

While Pernod is keen to take advantage of the growing interest in local products, it says it won’t disguise that Our/ vodka is made by the distilling giant behind behemoths such as Beefeater gin and Chivas whisky. The Pernod Ricard name isn’t currently on the Our/Berlin label, but the company says it plans to add it.

Jul 17, 2014 7:14 AM

Atlanta company buys La Vergne recycling facility

A paper and cardboard recycling facility located on Industrial Boulevard in La Vergne has been acquired by Caraustar Industries, an Atlanta-based company that is backed by private-equity firm HIG Capital. The La Vergne center had been owned by SP Recycling Southeast. Terms of the deal are not being disclosed.

Jul 16, 2014 7:16 AM