ADVFN - Advanced Financial Network.
HOME» NYSE » T » TEX Stock Price » TEX Stock News

Terex Share News

 Terex Corp. Stock Price
TEX Stock Price
 Terex Corp. Stock Chart
TEX Stock Chart
 Terex Corp. Stock News
TEX Stock News
 Terex Corp. Company Information
TEX Company Information
 Terex Corp. Stock Trades
TEX Stock Trades

Demag Says Terex Offer Too Low, Raises FY11 Guidance

FRANKFURT -(Dow Jones)- German crane manufacturer Demag Cranes AG (D9C.XE) said Tuesday it advised shareholders to reject an unsolicited takeover offer by Terex Industrial Holding AG a unit of Terex Corp. (TEX), because it is too low, and raised guidance for the fiscal year ending Sept. 30. MAIN FACTS: -Demag Cranes now sees sales of around EUR1.06 billion in fiscal 2011, up from a previous forecast of EUR1.02 billion to EUR1.05 billion. -It also said the earnings before interest and tax margin will be around 6.4%, above the previous projection of 6.1% to 6.5%. -On May 2, Terex had offered shareholders EUR41.75 per Demag Cranes share, in an unsolicited takeover bid worth up to EUR884 million. -Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500

Stock News for Terex (TEX)
10/26/201614:51:18Current Report Filing (8-k)
10/25/201616:58:00Terex Corporation Announces Leadership Change in Its Cranes Segment
10/24/201615:49:50Current Report Filing (8-k)
10/21/201617:45:00Terex Corporation Announces Third Quarter 2016 Financial Results...
10/13/201617:03:13Statement of Changes in Beneficial Ownership (4)
10/13/201617:01:55Statement of Changes in Beneficial Ownership (4)
10/13/201617:01:29Statement of Changes in Beneficial Ownership (4)
10/13/201617:00:32Statement of Changes in Beneficial Ownership (4)
10/13/201616:59:09Statement of Changes in Beneficial Ownership (4)
10/13/201616:52:00Terex Announces Quarterly Dividend
10/05/201613:28:51Current Report Filing (8-k)
10/04/201605:00:00Terex Announces the Completion of the Sale of its German Compact...
10/03/201608:00:00Terex Corporation Announces Receipt of Requisite Consents for...
09/26/201607:00:00Terex Corporation Announces Amendment to Consent Solicitation
09/21/201621:29:00Terex Corporation Announces Commencement of Consent Solicitation
09/12/201616:20:24Statement of Changes in Beneficial Ownership (4)
09/07/201616:17:33Statement of Changes in Beneficial Ownership (4)
09/07/201616:16:16Statement of Changes in Beneficial Ownership (4)
09/07/201616:15:24Statement of Changes in Beneficial Ownership (4)
09/07/201616:14:07Statement of Changes in Beneficial Ownership (4)

Terex and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations