Research Report on These Industrial Goods Equities -- Weyerhaeuser, CNH Industrial, Terex, and AGCO
PR Newswire - Tue Aug 02, 8:46AM CDT
Today's focus is on the Industrial Goods sector, which on July 21, 2016 has received a "Market Perform" rating from research firm Charles Schwab. Stocks under review are Weyerhaeuser Co. (NYSE: WY), CNH Industrial N.V. (NYSE: CNHI), Terex Corp. (NYSE: TEX), and AGCO Corp. (NYSE: AGCO). Learn more about these stocks by accessing their free research reports at:
CNHI: 6.95 (+0.14), AGCO: 48.77 (+0.71), WY: 32.37 (-0.07), TEX: 23.57 (+0.22), SCHW: 28.39 (+0.46)
Terex Announces Second Quarter 2016 Results
BusinessWire - Mon Aug 01, 5:22PM CDT
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 a benefit of $67.7 million related to the release of certain tax valuation allowances, after-tax charges of $19.4 million from restructuring and related actions, and after-tax charges of $8.9 million related to merger and divestiture activities, income from continuing operations as adjusted for the second quarter of 2016 was $70.2 million, or $0.64 per share. The Glossary at the end of this press release contains further details regarding these items.
TEX: 23.57 (+0.22)
TEX Crosses Above Average Analyst Target
ETFChannel.com - Mon Aug 01, 6:55AM CDT
In recent trading, shares of Terex Corp. have crossed above the average analyst 12-month target price of $23.73, changing hands for $24.14/share.
TEX: 23.57 (+0.22)
Terex Announces Quarterly Dividend
BusinessWire - Fri Jul 15, 8:46AM CDT
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.
TEX: 23.57 (+0.22)
Terex (TEX) to Sell German Construction Equipment Business
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 3:46PM CDT
Terex (TEX) has agreed to sale its German compact construction business.
BDC: 70.64 (+0.87), HEES: 17.92 (+0.44), TEX: 23.57 (+0.22), ASTE: 59.67 (-0.05)
Yanmar Acquires Terex Corporation's Compact Construction Equipment Business
PR Newswire Europe - Mon Jun 20, 9:01PM CDT
Yanmar Holdings Co., Ltd. concluded a final agreement with Terex Corporation of the United States (Terex) on June 20 (U.S. Eastern Time) to acquire Terex's European compact construction equipment business for approximately US$60 million.
TEX: 23.57 (+0.22)
Joy Global (JOY) Beats on Q2 Earnings, FY16 Outlook Weak
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 9:12AM CDT
Joy Global's (JOY) fiscal second-quarter earnings per share and revenues were ahead of the Zacks Consensus Estimate.
JOY: 27.59 (+0.28), SWK: 121.79 (+0.14), TEX: 23.57 (+0.22), CAT: 82.03 (+0.79)
Downgrade Alert for Terex (TEX)
Comtex SmarTrend(R) - Wed Jun 01, 3:45AM CDT
Terex (NYSE:TEX) was downgraded from Overweight to Equal Weight at Morgan Stanley today. The stock closed yesterday at $21.18 on volume of 4.9 million shares, above average daily volume of 1.4 million. Terex share prices have moved between a 52-week high of $29.32 and a 52-week low of $13.62 and closed yesterday at 56% above that low price at $21.18 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.
TEX: 23.57 (+0.22)
Terex-Zoomlion Talks Aborted, Konecranes Deal to Proceed
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:40AM CDT
Terex (TEX) has announced that talks with Zoomlion have terminated, but agreement to sell MHPS business will proceed.
FLOW: 26.65 (+0.46), BGC: 14.06 (+0.07), GRC: 27.12 (+0.18), TEX: 23.57 (+0.22)
Joy Global (JOY): Will the Stock Disappoint in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:12AM CDT
Joy Global Inc. (JOY) is scheduled to report fiscal second-quarter 2016 results on Jun 2, before the market opens.
JOY: 27.59 (+0.28), TEX: 23.57 (+0.22), CAT: 82.03 (+0.79), ASTE: 59.67 (-0.05)
Ulta Salon, FEI and Vanda Pharma rise while Terex slumps
AP - Fri May 27, 3:43PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:
VRX: 22.36 (+1.19), VNDA: 11.96 (+0.03), GOOGL: 798.92 (-1.20), TEX: 23.57 (+0.22), PANW: 129.61 (+1.22), GOOG: 773.18 (+2.11), VRX.TO: 29.21 (+1.48), APC: 52.68 (+1.05), FEIC: 106.60 (-0.05)
SmarTrend Watching for Potential Rebound in Shares of Terex After 16.15% Loss
Comtex SmarTrend(R) - Fri May 27, 11:57AM CDT
Terex (NYSE:TEX) traded in a range yesterday that spanned from a low of $19.32 to a high of $20.70. Yesterday, the shares fell 16.2%, which took the trading range below the 3-day low of $24.25 on volume of 11.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TEX: 23.57 (+0.22)
After Yesterday's Decline of 16.15%, Terex Offers Investors Better Value
Comtex SmarTrend(R) - Fri May 27, 11:55AM CDT
Terex (NYSE:TEX) traded in a range yesterday that spanned from a low of $19.32 to a high of $20.70. Yesterday, the shares fell 16.2%, which took the trading range below the 3-day low of $24.25 on volume of 11.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TEX: 23.57 (+0.22)
Terex Announces Talks with Zoomlion Terminated
BusinessWire - Fri May 27, 7:23AM CDT
Terex Corporation (NYSE:TEX) today announced discussions with Zoomlion Heavy Industry Science and Technology Co. ("Zoomlion"
TEX: 23.57 (+0.22)
China's Zoomlion drops bid for US crane maker Terex
AP - Fri May 27, 3:13AM CDT
HONG KONG (AP) — Chinese heavy equipment maker Zoomlion said Friday it's abandoning its takeover bid for U.S. crane maker Terex because it failed to reach a deal after months of talks.
TEX: 23.57 (+0.22)
Global Crane Market Report 2016-2020 - Analysis, Technologies & Forecasts - Key Vendors: Konecranes, Tadano, Terex Corp - Research and Markets
BusinessWire - Thu May 26, 3:41PM CDT
Research and Markets has announced the addition of the "Global Crane Market 2016 - 2020" report to their offering.
TEX: 23.57 (+0.22)
Shares of TEX Up 24.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu May 26, 1:12PM CDT
SmarTrend identified an Uptrend for Terex (NYSE:TEX) on January 26th, 2016 at $19.70. In approximately 4 months, Terex has returned 24.37% as of today's recent price of $24.50.
TEX: 23.57 (+0.22)
Terex Rises 1.82% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon May 23, 3:55PM CDT
Terex (NYSE:TEX) traded in a range yesterday that spanned from a low of $24.40 to a high of $25.15. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $25.03 on volume of 547,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TEX: 23.57 (+0.22)
Look for Shares of Terex to Potentially Pullback after Yesterday's 1.82% Rise
Comtex SmarTrend(R) - Mon May 23, 3:54PM CDT
Terex (NYSE:TEX) traded in a range yesterday that spanned from a low of $24.40 to a high of $25.15. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $25.03 on volume of 547,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TEX: 23.57 (+0.22)
Terex Has Returned 23.9% Since SmarTrend Recommendation (TEX)
Comtex SmarTrend(R) - Thu May 19, 12:40AM CDT
SmarTrend identified an Uptrend for Terex (NYSE:TEX) on January 26th, 2016 at $19.70. In approximately 4 months, Terex has returned 23.86% as of today's recent price of $24.40.
TEX: 23.57 (+0.22)