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Company News » Terex Announces New $350 Million Securitization Facility and Re-Pricing of Euro Term LoansBusiness Wire - June 1, 2015, 14:10 GMTTerex Corporation (NYSE:TEX) today announced that it has closed a new $350 million asset-backed securitization transaction. The Company also announced it has completed a re-pricing of its Euro term loan that is expected to reduce its cash interest costs by approximately $1 million annually. “We are pleased to announce the completion of our first
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Terex Corporation (NYSE:TEX) today announced that its Board of Directors declared a quarterly dividend of $0.06 per common share. The dividend is to be paid on June 19, 2015 to all stockholders of record as of the close of business on June 10, 2015. About Terex Terex Corporation is a lifting and material handling
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Terex Corporation (NYSE:TEX) today announced a loss from continuing operations of $2.1 million, or $0.02 per share for the first quarter of 2015, as compared to income from continuing operations of $32.6 million, or $0.28 per share for the first quarter of 2014. The effective tax rate for the first quarter of 2015 was 114.9%
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Company News » Terex Corporation Announces First Quarter 2015 Financial Results Conference CallBusiness Wire - April 17, 2015, 14:19 GMT
Terex Corporation (NYSE:TEX) will release its first quarter 2015 financial results on Wednesday, April 29, 2015 after market close. The Company will host a one-hour conference call to review the financial results on Thursday, April 30, 2015 at 8:30 a.m. EDT. Ronald M. DeFeo, Chairman and CEO, will host the call. A simultaneous webcast of
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Company News » Terex Announces Fourth Quarter and Full Year 2014 Results and Provides 2015 OutlookBusiness Wire - February 17, 2015, 22:27 GMT
Terex Corporation (NYSE:TEX) today announced income from continuing operations of $259.0 million, or $2.27 per share, on net sales of $7.3 billion for the full year 2014, as compared to income from continuing operations of $209.0 million, or $1.79 per share, on net sales of $7.1 billion for the full year 2013. Excluding the $0.49
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Company News » Terex Increases Quarterly Dividend to $0.06 Per Share – Announces New $200 Million Share Repurchase Program
Terex Corporation (NYSE:TEX) today announced its Board of Directors approved a quarterly dividend increase to its shareholders. The new quarterly cash dividend of $0.06 per share is an increase of 20% over the 2014 quarterly dividend amount. The dividend will be made on March 19, 2015 to shareholders of record as of March 10,
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Company News » Terex Corporation Announces Fourth Quarter and Year-End 2014 Financial Results Conference CallBusiness Wire - January 28, 2015, 14:51 GMT
Terex Corporation (NYSE:TEX) will release its fourth quarter and year-end 2014 financial results on Tuesday, February 17, 2015 after market close. The Company will host a one-hour conference call to review the financial results on Wednesday, February 18, 2015 at 8:30 a.m. EST. Ronald M. DeFeo, Chairman and CEO, will host the call. A simultaneous
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Company News » Terex Completes Formation of Joint Venture with Manitex International, Inc.Business Wire - December 22, 2014, 15:20 GMT
Terex Corporation (NYSE:TEX) today announced that it has successfully completed the formation of its Joint Venture with Manitex International, Inc. (Manitex) and completed the previously announced sale of 51% of A.S.V., Inc. to Manitex. As a result, Manitex is now the majority owner of the joint venture in compact track loaders and skid steers
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Company News » Terex Announces Third Quarter 2014 ResultsBusiness Wire - October 29, 2014, 22:04 GMT
Terex Corporation (NYSE:TEX) today announced income from continuing operations of $58.7 million, or $0.51 per share for the third quarter of 2014, and excluding certain items, income from continuing operations as adjusted was $67.8 million, or $0.59 per share. This compared to income from continuing operations of $84.5 million, or $0.73 per share for the
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Terex Corporation (NYSE:TEX) today announced that it has agreed to sell 51% of A.S.V., Inc. (ASV) to Manitex International, Inc. (Manitex). This will result in a joint venture in compact track loaders and skid steers that is 51% owned by Manitex and 49% owned by Terex. The transaction is expected to result in more than
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