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Tenneco Soars On Analyst, Management Confidence

Stock quotes in this article: TEN  

DETROIT (AP) — Shares of Tenneco Inc. rose more than 15 percent Tuesday after KeyBanc Capital Markets Inc. reiterated its "Buy" rating on the company, expressing confidence in the auto supplier's ability to sustain itself during the current auto sales and production slowdown.

The company also reported that it is compliance with the New York Stock Exchange's listing requirements.

Shares of the Lake Forest, Ill.-based maker of emission control system rose $1.24 Tuesday, or 15.5 percent, to $9.24. ...

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