Tenneco (NYSE: TEN) reported fourth quarter net income of $40 million, or $0.73 per diluted share, which includes an after-tax pension charge of $47 million. Fourth quarter 2015 net income was $68 million, or $1.17 per diluted share. Adjusted net income rose to $92 million, or $1.67 per diluted share, versus $80 million or $1.39 per diluted share last year.
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