Terex News (NYSE:TEX)

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Headline
11/02/20168:34AMBWTerex Corporation to Host Analyst Meeting
Terex Corporation (NYSE:TEX) announced today that it will host an Analyst Meeting on December 13, 2016, at the Waldorf Astoria Hotel in New York City. Registration and breakfast will begin at 7:45 AM. Presentations will be followed by a lunch with management and conclude at approximately 2:00 PM. John L. Garrison... More...>>
11/01/20169:37AMDJNU.S. Hot Stocks: Hot Stocks to Watch
Among the companies with shares expected to trade actively in Tuesday's session are Pfizer Inc. (PFE), Archer Daniels Midland Co. (ADM) and Coach Inc. (COH). Pfizer Inc. on Tuesday lowered its earnings outlook for the year and said it was ending the development of a drug in the massive cholesterol-treatment sector... More...>>
10/31/20164:46PMBWTerex Announces Third Quarter 2016 Results
Terex Corporation (NYSE:TEX) today announced third quarter 2016 income from continuing operations of $33.3 million, or $0.31 per share, on net sales of $1.1 billion. In the third quarter of 2015, the reported income from continuing operations was $30.3 million, or $0.28 per share, on net sales of $1.3 billion. Excluding... More...>>
10/25/20164:58PMBWTerex Corporation Announces Leadership Change in Its Cranes Segment
Terex Corporation (NYSE:TEX) today announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Mr. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that segment... More...>>
10/21/20165:45PMBWTerex Corporation Announces Third Quarter 2016 Financial Results Conference Call
Terex Corporation (NYSE:TEX) will host a one-hour conference call to review its third quarter 2016 financial results on Tuesday, November 1, 2016 at 8:00 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...>>
10/13/20164:52PMBWTerex 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 December 19, 2016 to all stockholders of record as of the close of business on November 10, 2016. About Terex Terex Corporation is a global manufacturer of lifting and... More...>>
10/04/20165:00AMBWTerex Announces the Completion of the Sale of its German Compact Construction Equipment Business to Yanmar Holdings Co., Ltd.
Terex Corporation (NYSE:TEX) announced that it has completed the sale of its German compact construction business to Yanmar Holdings Co., Ltd. for $60 million in cash. The German compact construction business manufactures and sells midi/mini excavators, wheeled excavators and compact wheel loaders. Included in the transaction... More...>>
10/03/20168:00AMBWTerex Corporation Announces Receipt of Requisite Consents for Consent Solicitation and Credit Agreement Amendment
Terex Corporation (NYSE:TEX) ("Terex") announced today that it has received the requisite consents with respect to its previously announced consent solicitation from holders of its 6.00% Senior Notes due 2021 (the “2021 Notes”) and 6.50% Senior Notes due 2020 (the “2020 Notes” and together with the 2021 Notes... More...>>
09/26/20167:00AMBWTerex Corporation Announces Amendment to Consent Solicitation
Terex Corporation (NYSE:TEX) (“Terex”), announced today that it has modified the terms of its previously announced solicitation of consents (the “Consent Solicitation”) from holders of its 6.00% Senior Notes due 2021 (the “2021 Notes”) and 6.50% Senior Notes due 2020 (the “2020 Notes” and together with... More...>>
09/21/20169:29PMBWTerex Corporation Announces Commencement of Consent Solicitation
Terex Corporation (NYSE:TEX) (“Terex”), announced today that it is soliciting consents from holders of its 6.00% Senior Notes due 2021 (the “2021 Notes”) and 6.50% Senior Notes due 2020 (the “2020 Notes” and together with the 2021 Notes, the “Notes”) to obtain certain waivers from the asset sale covenants... More...>>
08/08/20162:48PMBWProposed Sale of Terex MHPS Business to Konecranes Receives European Commission and U.S. Antitrust Clearances
Terex Corporation (NYSE:TEX) today announced that the proposed transactions for the sale of Terex’s Material Handling & Port Solutions business to Konecranes have received European Commission approval. The European Commission approval is conditioned on a commitment by Konecranes to divest their Stahl CraneSystems... More...>>
08/01/20167:30PMDJNKennametal to Eliminate 1,000 Jobs, Deepen Cuts in North America, EMEA
Industrial toolmaker Kennametal Inc., hard-hit by a deep slump in the coal and oil industries, plans to cut 1,000 jobs and increase cost-cutting "substantially" in North America, Europe, Middle East and Africa following its second-straight year of losses. Founded in 1938 in Latrobe, Pa., as McKenna Metals Co... More...>>
08/01/20166:22PMBWTerex Announces Second Quarter 2016 Results
Terex Corporation (NYSE:TEX) today announced second quarter 2016 income from continuing operations of $109.6 million, or $1.00 per share, on net sales of $1.3 billion. In the second quarter a year ago, the reported income from continuing operations was $75.9 million, or $0.70 per share, on net sales of $1.4 billion. Excluding... More...>>
07/28/20164:10PMDJNMarcato Discloses 5.1% Stake in Crane Maker Terex
Hedge fund Marcato Capital Management LP has taken a 5.1% active stake in crane manufacturer Terex Corp. and plans to push for change, according to a regulatory filing. The 5.5 million shares--the bulk of it in call options at a $14 strike price that expires on Dec. 21, 2017--were bought from June 10 through June 27, according... More...>>
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...>>
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