Terex News (NYSE:TEX)

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07/18/20174:30PMBWTerex Corporation Announces Second Quarter 2017 Financial Results Conference Call
Terex Corporation (NYSE:TEX) will host a one hour conference call to review its second quarter 2017 financial results on Wednesday, August 2, 2017 at 10:30 a.m. Eastern Time. John L. Garrison, Jr., President and Chief Executive Officer, will lead the call. The Company will release its financial results prior to the call... More...>>
07/13/20174:43PMBWTerex Announces Quarterly Dividend
Terex Corporation (NYSE:TEX) today announced that its Board of Directors declared a quarterly dividend of $0.08 per share. The dividend is to be paid on September 19, 2017 to all stockholders of record as of the close of business on August 9, 2017. About Terex: Terex Corporation is a global manufacturer of lifting and... More...>>
05/30/20179:13AMBWTerex Corporation Authorizes New Share Repurchase Program
Terex Corporation (NYSE:TEX) today announced that its Board of Directors authorized a new share repurchase program of up to $280 million. The Company completed its previous share repurchase program earlier in May 2017. John L. Garrison, Terex President and Chief Executive Officer, stated, “During our Investor Presentation... More...>>
05/23/20175:36PMBWTerex Corporation Completes Sale of 7.0 Million Shares of Konecranes Plc
Terex Corporation (NYSE:TEX) today announced it has completed the sale of 7.0 million Class A shares representing approximately 8.9% of the total shares outstanding of Konecranes Plc at a price of EUR 37.40 per share, a 0.9% discount to today’s closing price. Total shares outstanding includes both Class A and Class B... More...>>
05/23/201711:42AMBWProposed Placing of up to Approximately 8.9% of the Total Shares Outstanding of Konecranes Plc by Terex Corporation
Terex Corporation (NYSE:TEX) today announced its intention to sell up to approximately 8.9% of the total shares outstanding of Konecranes Plc, corresponding to up to 7.0 million Class A Konecranes shares. Total shares outstanding includes both Class A and Class B Konecranes shares but does not include Konecranes treasury... More...>>
05/12/20171:46PMBWTerex Announces Quarterly Dividend
Terex Corporation (NYSE:TEX) today announced that its Board of Directors declared a quarterly dividend of $0.08 per share. The dividend is to be paid on June 19, 2017 to all stockholders of record as of the close of business on June 9, 2017. About Terex: Terex Corporation is a global manufacturer of lifting and material... More...>>
05/02/20174:50PMBWTerex Announces First Quarter 2017 Results
Terex Corporation (NYSE:TEX) today announced a first quarter 2017 loss from continuing operations of $60.3 million, or ($0.57) per share, on net sales of $1.0 billion. In the first quarter of 2016, the reported loss from continuing operations was $22.0 million, or $0.20 per share, on net sales of $1.1 billion. Excluding... More...>>
04/24/20179:25AMBWTerex Corporation Announces First Quarter 2017 Financial Results Conference Call
Terex Corporation (NYSE:TEX) will host a one hour conference call to review its first quarter 2017 financial results on Wednesday, May 3, 2017 at 8:30 a.m. eastern time. 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... More...>>
03/27/20175:06PMBWTerex Announces Sale of Terex Equipment Private Limited to Manitou BF
Terex Corporation (NYSE:TEX) today announced that it has agreed to sell its India-based compact construction business to Manitou BF (Manitou). Manitou is a leader in all terrain material handling products. Terex Equipment Private Limited (TEPL) manufactures and sells backhoe loaders, engages in the sale of wheel loaders... More...>>
02/21/20174:30PMBWTerex Corporation Authorizes New Share Repurchase Program and Increases Quarterly Dividend
Terex Corporation (NYSE:TEX) today announced that its Board of Directors authorized a new share repurchase program of up to $350 million to commence upon completion of the company’s current $200 million program, which has approximately $70 million remaining. The Board also declared a quarterly dividend of $0.08 per share... More...>>
02/21/20174:15PMBWTerex Announces Fourth Quarter and Full Year 2016 Results and Provides 2017 Guidance
Terex Corporation (NYSE:TEX) today announced a fourth quarter 2016 loss from continuing operations of $313.9 million, or ($2.96) per share, on net sales of $1.0 billion. In the fourth quarter of 2015, the reported income from continuing operations was $23.8 million, or $0.22 per share, on net sales of $1.2 billion. Excluding... More...>>
02/15/20172:15AMBWTerex Corporation Completes Sale of 7.45 Million Shares of Konecranes Plc
Terex Corporation (NYSE:TEX) today announced it has completed the sale of 7.45 million Class A shares representing 9.5% of the total shares outstanding of Konecranes Plc at a price of EUR 34.50 per share, a 3.25% discount to yesterday’s closing price. Total shares outstanding includes both Class A and Class B shares... More...>>
02/14/201712:11PMBWProposed Placing of up to 9.5% of the Total Shares Outstanding of Konecranes Plc by Terex Corporation
Terex Corporation (NYSE:TEX) today announced its intention to sell up to 9.5% of the total shares outstanding of Konecranes Plc, corresponding to up to 7.45 million Class A Konecranes shares. Total shares outstanding includes both Class A and Class B Konecranes shares but does not include Konecranes treasury shares. The... More...>>
02/13/201712:20PMBWTerex Names John D. Sheehan, Chief Financial Officer
Terex Corporation (NYSE: TEX) announced today that John D. Sheehan will succeed Kevin Bradley as Senior Vice President and Chief Financial Officer. Mr. Sheehan will assume his duties as Chief Financial Officer of Terex on February 27, 2017. Kevin Bradley will remain in his current role until Mr. Sheehan assumes the duties... More...>>
02/09/20175:23PMBWTerex Corporation Announces Fourth Quarter and Year-End 2016 Financial Results Conference Call
Terex Corporation (NYSE:TEX) will host a one-hour conference call to review its fourth quarter and year-end 2016 financial results on Wednesday, February 22, 2017 at 8:30 a.m. eastern. John L. Garrison, Jr., President and Chief Executive Officer, will lead the call. The Company will release its financial results prior... More...>>
02/03/20176:03PMBWTerex Named to ‘Just 100’ List of America’s Best Corporate Citizens
Terex Corporation (NYSE:TEX) has been named to the inaugural list of “Just” companies, as compiled by non-profit organization Just Capital, and published in the December 20, 2016 issue of Forbes magazine. The rankings were determined by 50,000 Americans over the last 18 months, who were queried about the socially responsible... More...>>
02/03/20178:07AMBWMatthew Hepler to Join Terex Board of Directors
Terex Corporation (NYSE:TEX) announced today that Matthew Hepler has been appointed to its Board of Directors effective immediately. Mr. Hepler is currently a Partner at Marcato Capital Management L.P., a hedge fund and significant Terex shareholder. Prior to joining Marcato, Mr. Hepler was a Managing Director at Relational... More...>>
01/31/201711:13AMBWTerex Corp. Completes Senior Notes Offering, New Senior Secured Credit Facility & Announces Initial Results of Cash Tender Of...
Terex Corporation (“Terex”) (NYSE: TEX) today announced that it has completed the issuance of $600,000,000 principal amount of 5.625% senior notes due 2025 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended. Terex also announced that it... More...>>
01/17/20177:42PMBWTerex Corporation Announces Pricing of Senior Notes Offering
Terex Corporation (“Terex”) (NYSE:TEX) today announced that it priced $600 million in new financing, not including discounts and commissions or other offering expenses. This represents an increase of $50 million from the transaction size announced earlier on January 17, 2017. The $600 million principal amount of senior... More...>>
01/17/20178:50AMBWTerex Corporation Commences Cash Tender Offer for up to $550 Million of Its 6.00% Senior Notes Due 2021
Terex Corporation (“Terex”) (NYSE:TEX) today announced that it has commenced a tender offer (the “Tender Offer”) to purchase for cash up to $550 million in aggregate principal amount (the “Tender Cap”) of its outstanding 6.00% Senior Notes due 2021 (“Notes”). The following table summarizes the material... More...>>
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