Timken raises full-year earnings forecast

(Reuters) - Ball bearings maker Timken Co raised its full-year earnings forecast due to increased demand for its products. The company said it expects full-year earnings from continuing operations of $2.40-$2.60 per share, above its previous estimate of $2.20-$2.50. Timken also authorized an additional 10 million share buyback program. (Reporting By Abinaya Vijayaraghavan; Editing by Saumyadeb Chakrabarty)