Terex News (NYSE:TEX)

DateTimeSource
Headline
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...>>
01/17/20178:26AMBWTerex Corporation Announces Proposed Senior Notes Offering
Terex Corporation (NYSE:TEX) today announced that it intends to offer, subject to market and other conditions, $550 million in aggregate principal amount of senior notes (the “Notes”) due 2025 in a private offering (the “Private Offering”) that is exempt from the registration requirements of the Securities Act... More...>>
01/04/20175:56PMBWTerex Corp. Announces $300 Million Partial Redemption of 6% Senior Notes Due 2021 & Intention to Retire All 6.5% Senior Notes...
Terex Corporation (NYSE:TEX) today announced that it has given notice that it will redeem $300 million of the outstanding $850 million principal amount of its 6% Senior Notes due 2021 at a redemption price of 103.000% of principal amount, plus accrued and unpaid interest to the redemption date. The date for redemption... More...>>
01/04/20172:18PMBWTerex Completes the Sale of Its Material Handling and Port Solutions Business
Terex Corporation (NYSE:TEX) today announced that it has completed the sale of its Material Handling and Port Solutions business (“MHPS”) to Konecranes Plc (Helsinki KCR1V.HE) (“Konecranes”) for $595 million and €200 million in cash and 19.6 million newly issued class B shares representing a 25% interest in Konecranes... More...>>
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...>>
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