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2023-03-08 15:55:18 ET Summary Powell indicated that he's ready to accelerate the pace of rate rises on the back of surprisingly strong inflation numbers from last week during his testimony before Congress. Honestly, Powell did not explicitly say he would go to .50%, but it was ge...
Terex to Present at the 15th Annual Evercore ISI Industrial Conference PR Newswire NORWALK, Conn. , March 2, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the 15th Annual Evercore...
Summary Trinity Industries has done well to continue growing, and backlog data suggests that trend isn't over just yet. Profits have risen nicely, taking some cash flow figures higher as well. Though shares aren't exactly cheap, they do likely have a good chance of outperforming the...
Summary Terex delivered better than expected fourth quarter earnings, with a double-digit operating income beat, and guided above expectations for FY23 with 6% revenue growth. I see some risk of turbulence in orders as non-residential activity slows, but underlying fundamentals are stro...
Terex to Present at Barclays Industrial Select Conference PR Newswire NORWALK, Conn. , Feb. 17, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Barclays Industrial Select Confer...
Terex to Present at Citi's 2023 Global Industrial Tech and Mobility Conference PR Newswire NORWALK, Conn. , Feb. 16, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at Citi's 2023...
Summary Allison Transmission Holdings continues to generate strong sales growth, with profits rising at the same time. Cash flows achieved by the company are robust, and management has forecasted attractive figures for 2023. ALSN stock is also cheap and likely offers additional upsi...
Summary The Manitowoc Company continues to post attractive sales growth and improving bottom line results. This has helped the firm to outperform the market more broadly in recent months. With how cheap shares still are, that upside potential could still continue moving forward. ...
Summary TEX had a strong 4Q22 results with the AWP and MP segments leading the growth, and the company's backlog remains high. TEX's capital allocation plan includes increasing its share repurchase program and cash dividend, but management has stated that M&A will continue to be a p...
Summary The Army has decided to go with a different manufacturer for the next phase of the JLTV project, taking around $1 billion of potential 2025 revenue from Oshkosh's model. Oshkosh was already struggling with multiple operational challenges, leading to weak on-time deliveries, grow...
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Terex Corporation (NYSE: TEX) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 8.96% on the day to $61.52. Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It op...
Terex to Acquire Environmental Solutions Group (ESG) from Dover Corporation, Establishing Leading Presence in Waste and Recycling Market PR Newswire Purchase price of $2.0 billion ; $1.725 billion net of expected tax benefits Reduces cyclicality, delivers...
Dover to Sell Environmental Solutions Group Business Unit PR Newswire DOWNERS GROVE, Ill. , July 22, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has entered into a definitive agreement to sell its Environmental Solutions Group business ("ESG"),...