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Terex News (NYSE:TEX)

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07/22/20169:02AMBWTerex Corporation Announces Second Quarter 2016 Financial Results Conference Call
Terex Corporation (NYSE:TEX) will host a one-hour conference call to review its second quarter 2016 financial results on Tuesday, August 2, 2016 at 8:30 a.m. ET. John L. Garrison, Jr., President and Chief Executive Officer, will lead the call. The Company will release its financial results prior to the call. A simultaneous... More...>>
07/15/20169:46AMBWTerex Announces Quarterly Dividend
Terex Corporation (NYSE: TEX) today announced that its Board of Directors declared a quarterly dividend of $0.07 per share. The dividend is to be paid on September 19, 2016 to all stockholders of record as of the close of business on August 10, 2016. About Terex Terex Corporation is a lifting and material handling solutions... More...>>
06/23/20167:40AMPRNUSWhat Investors are Making of these Industrial Goods' Stocks? - Weyerhaeuser, Terex, CNH Industrial, and AGCO Corp.
What Investors are Making of these Industrial Goods' Stocks? - Weyerhaeuser, Terex, CNH Industrial, and AGCO Corp. PR Newswire NEW YORK, June 23, 2016 NEW YORK, June 23, 2016 /PRNewswire/ -- Despite some challenges being faced by the Industrial Goods sector, a handful of equities remains undisrupted and continues to signal... More...>>
06/20/201610:00PMPRNUSYanmar Acquires Terex Corporation's Compact Construction Equipment Business
Yanmar Acquires Terex Corporation's Compact Construction Equipment Business PR Newswire OSAKA, Japan, June 21, 2016 OSAKA, Japan, June 21, 2016 /PRNewswire/ -- Yanmar Holdings Co., Ltd. concluded a final agreement with Terex Corporation (NYSE:TEX) of the United States (Terex) on June 20 (U.S. Eastern Time) to acquire Terex's... More...>>
06/20/20169:00PMBWTerex Announces Sale of German Compact Construction Equipment Business to Yanmar Holdings Co., Ltd.
Terex Corporation (NYSE:TEX) announced that it has agreed to sell its German compact construction business to Yanmar Holdings Co., Ltd. for cash proceeds of approximately $60 million. The German compact construction business manufactures and sells midi/mini excavators, wheeled excavators and compact wheel loaders. Included... More...>>
05/27/20168:23AMBWTerex Announces Talks with Zoomlion Terminated
Agreement to Sell the Material Handling & Port Solutions Business to Konecranes to Proceed Terex Corporation (NYSE:TEX) today announced discussions with Zoomlion Heavy Industry Science and Technology Co. (“Zoomlion”) regarding the purchase of Terex Corporation, either with or without the MHPS segment, have been... More...>>
05/27/20168:00AMDJNChina's Zoomlion Abandons Pursuit of U.S. Crane Maker Terex
HONG KONG—Zoomlion Heavy Industry Science & Technology Co. said it had decided to end talks over a proposed acquisition of U.S. construction-crane maker Terex Corp. The Chinese construction-machinery company said Friday in a statement that despite negotiations between the two companies, "no agreement can... More...>>
05/16/20163:50AMDJNKonecranes Scraps Planned Merger With Terex
Finland's Konecranes Oyj said Monday it will buy a key unit of U.S. peer Terex Corp. for €1.13 billion ($1.28 billion) in cash and shares, ending the companies' plans for a full merger that had been complicated by a rival bid and regulatory hurdles since it was first announced in August last year. Konecranes... More...>>
05/16/20162:00AMBWTerex Announces Sale of Material Handling & Port Solutions Bus. to Konecranes; Mutually Terminates Previous Bus. Combination ...
Terex Corporation (NYSE:TEX) today announced that it has agreed with Konecranes Plc (Helsinki: KCR1V.HE) (“Konecranes”) to mutually terminate the Business Combination Agreement (“BCA”) the companies entered into on August 10, 2015, without payment of a fee by either party. In connection with the termination of... More...>>
05/13/201611:37AMBWTerex Announces Quarterly Dividend
Terex Corporation (NYSE: TEX) today announced that its Board of Directors declared a quarterly dividend of $0.07 per share. The dividend is to be paid on June 20, 2016 to all stockholders of record as of the close of business on June 10, 2016. About Terex Terex Corporation is a lifting and material handling solutions company... More...>>
04/26/20165:33PMBWTerex Announces First Quarter 2016 Results
Terex Corporation (NYSE:TEX) today announced a first quarter 2016 loss from continuing operations of $74.2 million, or $0.68 per share, on net sales of $1.4 billion. In the first quarter a year ago, the reported loss from continuing operations was $2.1 million, or $0.02 per share, on net sales of $1.5 billion. On an as... More...>>
04/14/20163:03PMBWTerex Corporation Announces First Quarter 2016 Financial Results Conference Call
Terex Corporation (NYSE:TEX) will host a one-hour conference call to review its first quarter 2016 financial results on Wednesday, April 27, 2016 at 8:30 a.m. ET. John L. Garrison, Jr., President and Chief Executive Officer, will lead the call. The Company will release its financial results prior to the call. A simultaneous... More...>>
03/23/20164:05PMBWTerex Corporation to Move Forward with Negotiations With Zoomlion Heavy Industry Science and Technology Co.
Terex Corporation (NYSE:TEX) today announced that it has received a revised non-binding proposal from Zoomlion Heavy Industry Science and Technology Co. (“Zoomlion”) to acquire all of the outstanding shares of Terex for $31.00 per share in cash. The proposal is conditioned on, among other things, receipt of U.S. and... More...>>
03/13/20169:10PMDJNBlackstone Nears Deal to Sell Hotel Portfolio to Anbang
HONG KONG—Blackstone Group LP is selling a portfolio of U.S. luxury hotels to the Chinese owner of New York's Waldorf Astoria, just months after buying it for $4 billion. China's Anbang Insurance Group Co. is near a deal to buy Strategic Hotels & Resorts Inc. from a Blackstone-managed real-estate fund... More...>>
02/19/20165:14PMBWTerex Updates Status of Integration Activities
Terex Corporation (NYSE: TEX) announced that Terex and Konecranes have determined that it would be prudent to pause the integration planning activities for the time being. This will allow the Terex management team to devote its attention to improving the Company’s operating results and delivering on management’s commitment... More...>>
02/19/20163:03AMDJNChinese Deals Draw Scrutiny In Washington
(FROM THE WALL STREET JOURNAL 2/19/16) By Shayndi Raice and William Mauldin Chinese companies are winning in the M&A market. Now they have to prove they can win in Washington. Overseas takeover bids by Chinese companies are on pace for a record year. Technology distributor Ingram Micro Inc. said Wednesday it has agreed... More...>>
02/16/20166:05PMBWTerex Announces Fourth Quarter and Full Year 2015 Results and Provides 2016 Outlook
Terex Corporation (NYSE:TEX) today announced fourth quarter 2015 income from continuing operations was $14.6 million, or $0.13 per share, on net sales of $1.6 billion. In the fourth quarter of 2014, income from continuing operations was $79.9 million, or $0.71 per share, on net sales of $1.8 billion. Income from continuing... More...>>
02/16/20166:01PMBWTerex Increases Quarterly Dividend to $0.07 Per Share
Terex Corporation (NYSE:TEX) today announced that its Board of Directors declared a quarterly dividend of $0.07 per share. The new quarterly cash dividend is an increase of approximately 17% over the 2015 quarterly dividend amount. The dividend is to be paid on March 18, 2016 to all stockholders of record as of the close... More...>>
02/04/201612:00PMDJNKennametal Names Ronald DeFeo CEO
Kennametal Inc. on Thursday named veteran board member Ronald DeFeo chief executive, effective immediately, succeeding Donald Nolan. Mr. Nolan, who had been CEO since November 2014, has left the company to pursue other interests. Shares, which have fallen 30% over the past three months, shot up 11% to $19.48 in recent... More...>>
02/01/20165:32PMBWTerex Corporation Announces Fourth Quarter and Year-End 2015 Financial Results Conference Call
Terex Corporation (NYSE:TEX) will host a one-hour conference call to review its fourth quarter and year-end 2015 financial results on Wednesday, February 17, 2016 at 8:30 a.m. EST. John L. Garrison, Jr., president and chief executive officer, will lead the call. The Company will release its financial results prior to the... More...>>
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