January 31, 2018 / 1:41 PM / 8 months ago

BRIEF-Timken ‍Expects Three Percentage Points Reduction In Global Effective Tax Rate In 2018 After Tax Act​

Jan 31 (Reuters) - Timken Co:

* TIMKEN - ‍ PRELIMINARILY, CO EXPECTS TCJA TO RESULT IN A ONE-TIME NET CHARGE OF ABOUT $35 MILLION IN Q4 - SEC FILING

* TIMKEN - ‍FOR 2018, CO CURRENTLY EXPECTS TAX ACT TO RESULT IN NET REDUCTION IN ITS GLOBAL EFFECTIVE TAX RATE OF ABOUT THREE PERCENTAGE POINTS​ Source: (bit.ly/2EqueWP) Further company coverage:

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