Reuters UK (Free subscription) | 09/23/2008
LAS VEGAS, Sept 23 (Reuters) - A top Terex Corp executive said on Tuesday that manufacturing costs at the U.S. maker of construction and mining equipment eased in the last six weeks as the price of many market-traded commodities slipped amid the turmoil in world markets.
Market Watch (Free subscription) | 09/04/2008
NEW YORK (MarketWatch) - Makers of construction and earth-moving equipment took a thumping Thursday after Terex Corp. lowered its full-year profit outlook because of weakness in its aerial platform and construction units.
Market Watch (Free subscription) | 09/04/2008
NEW YORK (MarketWatch) -- Citing weaker results in its aerial work platform and construction units, Terex Corp. lowered its 2008 profit outlook to $6.35 to $6.65 a share, from its earlier view of $6.85 to $7.15 a share. Wall Street analysts expected earnings of $7.05 a share, according to a FactSet survey. Earnings per share are expected to be between $1.26 and $1.38 for the third quarter,...
The Denver Business Journal (Free subscription) | 10/06/2008
• 327,000-square-foot ProLogis Park Coventry, United Kingdom — ProLogis bought back this distribution center, which it developed and then sold to a third party in 2003. The property currently is leased to Terex Corp. (NYSE: TEX), a Westport, Conn.-based heavy equipment manufacturer.
MarketBeat (Free subscription) | 09/04/2008
... of slowing earnings from companies that depend on exports. One of the day’s biggest losers was Terex Corp., the construction company that derived more than 60% of its 2007 sales from overseas, according to UBS analysts. Falling alongside Terex was Dow component Caterpillar Inc., which had 56% of its 2007 sales come from overseas, UBS said. “Overseas growth is slowing, and it’s...
Sify (Free subscription) | 09/05/2008
... and only one of its 30 components escaped the sell-off. Construction and mining equipment maker Terex Corp compounded the gloom when it cut its 2008 sales and profit forecast, citing weak demand in Western Europe and North America. Top drags included economic bellwethers Caterpillar Inc and General Electric. Financial stocks were also hammered, after Bill Gross, the manager of the...
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... Only two of the Dow's 30 components escaped the sell-off.Construction and mining equipment maker Terex Corp compounded the gloom when it cut its 2008 sales and profit forecast, citing weak demand in Western Europe and North America. Its shares tumbled 21 percent to $37.36.Other top drags included economic bellwethers Caterpillar Inc and General Electric ."It's definitely fear of an...
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... Only two of the Dow's 30 components escaped the sell-off.Construction and mining equipment maker Terex Corp compounded the gloom when it cut its 2008 sales and profit forecast, citing weak demand in Western Europe and North America. Its shares tumbled 21 percent to $37.36.Other top drags included economic bellwethers Caterpillar Inc and General Electric ."It's definitely fear of an...
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... Only two of the Dow's 30 components escaped the sell-off.Construction and mining equipment maker Terex Corp compounded the gloom when it cut its 2008 sales and profit forecast, citing weak demand in Western Europe and North America. Its shares tumbled 21 percent to $37.36.Other top drags included economic bellwethers Caterpillar Inc and General Electric ."It's definitely fear of an...
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... employers cut 33,000 jobs in August.Selling grew more fierce as the day went on, accelerating when Terex Corp , a U.S. maker of construction and mining equipment, cut its 2008 sales and profit forecast, citing weak demand in Western Europe and North America. Shares fell 20 percent to $37.46.Traders also said the S&P 500 index's break below a key technical level added to selling pressure.The...
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... by ADP Employer Services showed private employers cut 33,000 jobs in August.Adding to the gloom, Terex Corp , a U.S. maker of construction and mining equipment, cut its 2008 sales and profit forecast, citing weak demand in Western Europe and North America, sending its shares down almost 20 percent to $38.05.Other top drags included economic bellwethers Caterpillar Inc , down more...
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... by ADP Employer Services showed private employers cut 33,000 jobs in August.Adding to the gloom, Terex Corp , a U.S. maker of construction and mining equipment, cut its 2008 sales and profit forecast, citing weak demand in Western Europe and North America, sending its shares down almost 20 percent to $38.05.Other top drags included economic bellwethers Caterpillar Inc , down more...
Business Spectator (Free subscription) | 09/05/2008
Nikkei set to fall as fears grow for global economyReutersTOKYO - Japan's Nikkei average is expected to fall on Friday as fears grow about the health of the global economy, with Canon Inc and other exporters seen down after the yen hit 13 month highs.One stock to watch will be Sony Corp after it launched a voluntary recall of 438,000 Vaio portable computers, citing a potential hazard that could...
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... and only one of its 30 components escaped the sell-off.Construction and mining equipment maker Terex Corp compounded the gloom when it cut its 2008 sales and profit forecast, citing weak demand in Western Europe and North America. Top drags included economic bellwethers Caterpillar Inc and General Electric .Financial stocks were also hammered, after Bill Gross, the manager of the...
