A sneak peak at how some of the machinery stocks are expected to fare when they release their numbers on Oct 25.
What's in store for industrial players W.W. Grainger, Inc. (GWW), Astec Industries, Inc. (ASTE) and Terex Corporation (TEX) in Q3?
Terex (TEX) has completed the previously announced sale of its German compact construction business to Yanmar for $60 million.
Oct 6 (Reuters) - Activist investor Richard McGuire said on Thursday that crane maker Terex Corp has room to slash costs and sell assets, in his first public statement about his plans for the company.
Oct 6 (Reuters) - The founder of Marcato Capital Management said on Thursday he sees opportunities for crane maker Terex Corp. to sell assets and that shares of Buffalo Wild Wings could triple over a four-year period.
On Oct 4, 2016, Terex Corporation (TEX) was downgraded to a Zacks Rank #5 (Strong Sell).
Joy Global Inc. (JOY) reported adjusted earnings of 10 cents per share in the third quarter of fiscal 2016, lagging the Zacks Consensus Estimate of 12 cents by 16.7%.
Joy Global Inc. (JOY) is scheduled to report fiscal third-quarter 2016 results on Sep 1, before the market opens.
On Aug 12, 2016, we issued an updated research report on Caterpillar Inc. (CAT) ??? the mining and equipment behemoth.
Joy Global (JOY) will be acquired by Japan's Komatsu Ltd in an all-cash deal of $2.9 billion subject to regulatory and shareholder approval.
Lindsay Corporation's (LNN) third-quarter fiscal 2016 adjusted earnings fell short of the Zacks Consensus Estimate.
Terex (TEX) has agreed to sale its German compact construction business.
In case you missed it, U.S.-based Terex Corp. has substantially altered its proposed merger with Finland’s Konecranes PLC. The original all-stock deal would have resulted in current Terex shareholders acquiring roughly 60 percent of the newly formed firm, which would have been based overseas. Instead, the two companies are now eyeing a much smaller cash and stock transaction that would be limited to an acquisition of two of Konecranes’ business units. Terex’s explanation for the change of plans is straightforward: The anticipated tax benefits are no longer available.
Joy Global's (JOY) fiscal second-quarter earnings per share and revenues were ahead of the Zacks Consensus Estimate.
Государственное управление валютного контроля КНР /ГУВК/ опровергло появившуюся в СМИ информацию о том, что провал компании Zoomlion, которая не смогла приобрести Terex -- второго по величине американского производителя строительного оборудования, связан "с отказом ГУВК в доступе к финансированию, необходимому для совершения данной сделки".