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	<title>Stock Blog Hub &#187; Terex Corporation</title>
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		<title>(TEX) Terex Tops Estimates</title>
		<link>http://www.stockbloghub.com/2012/02/17/tex-terex-tops-estimates/91803</link>
		<comments>http://www.stockbloghub.com/2012/02/17/tex-terex-tops-estimates/91803#comments</comments>
		<pubDate>Fri, 17 Feb 2012 22:47:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[Terex Corporation]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91803</guid>
		<description><![CDATA[Terex Corp. (TEX) reported fourth quarter adjusted EPS of 26 cents, versus 20 cents in the year-ago quarter. The EPS was a penny ahead of the Zacks Consensus Estimate. Excluding the special items in both periods; Terex reported a loss per share of 3 cents in the quarter compared with a loss per share of 30 cents in the year-ago quarter. Net sales at Terex increased 47% to $1.957 billion from $1.327 billion in the year-earlier quarter, ahead of the Zacks Consensus Estimate of $1.896 billion. Excluding the impact of the Demag Cranes AG acquisition, net sales increased 20%. Costs and Margins Cost of goods sold amounted to $1.6 billion versus $1.1 billion in the year-earlier quarter. Gross profit increased to $330.5 million from $185.6 million in the year-ago quarter. ]]></description>
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		<title>(AAPL) 2011 Second Quarter Earnings Preview &#8211; Detailed</title>
		<link>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251</link>
		<comments>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251#comments</comments>
		<pubDate>Mon, 18 Jul 2011 21:09:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79251</guid>
		<description><![CDATA[Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&#38;P 500. By next Friday we should have a very good handle on how the overall earnings season will go. The firms reporting this week are sort of like a who&#8217;s who of U.S. industry including: Apple (AAPL), American Express (AXP), Bank of America (BAC), Caterpillar (CAT), General Electric (GE), International Business Machines (IBM), Intel (INTC), McDonald&#8217;s (MCD), Schlumberger (SLB) and Verizon (VZ). That is an interesting cross section of U.S. business. We have a relatively light economic data calendar, so earnings should be front and center, along with the sovereign debt situations on both ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TEX) Terex Fulfills Minimum Tender Offer</title>
		<link>http://www.stockbloghub.com/2011/07/05/tex-terex-fulfills-minimum-tender-offer/78376</link>
		<comments>http://www.stockbloghub.com/2011/07/05/tex-terex-fulfills-minimum-tender-offer/78376#comments</comments>
		<pubDate>Wed, 06 Jul 2011 00:03:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[DE]]></category>
		<category><![CDATA[Deere & Company]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78376</guid>
		<description><![CDATA[Terex Corp. (TEX) recently announced that the company has successfully achieved the minimum tender condition for Demag Cranes. The company offered €45.50 per share to Demag shareholders, which has exceeded the minimum requirement of 51%. Terex Industrial Holding AG offered a price of €45.50 per share, representing an approximately 25% premium on the closing share price of €36.30 on April 29, 2011 and a 28% premium on the three-month volume-weighted average share price of €35.56 as of April 29, 2011. The company also announced the reception of early termination under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the offer, and that it has formally filed the transaction with the European Commission. According to the information, the offer was accepted for a total of 14 million shares of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/05/tex-terex-fulfills-minimum-tender-offer/78376/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTW) Manitowoc Upgraded to Neutral</title>
		<link>http://www.stockbloghub.com/2011/06/24/mtw-manitowoc-upgraded-to-neutral/77336</link>
		<comments>http://www.stockbloghub.com/2011/06/24/mtw-manitowoc-upgraded-to-neutral/77336#comments</comments>
		<pubDate>Fri, 24 Jun 2011 16:33:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Manitowoc Company Inc]]></category>
		<category><![CDATA[MCD]]></category>
		<category><![CDATA[McDonald's Corporation]]></category>
		<category><![CDATA[MTW]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>
		<category><![CDATA[YUM]]></category>
		<category><![CDATA[Yum! Brands Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77336</guid>
		<description><![CDATA[Manitowoc Co. Inc. (MTW) reported an adjusted loss per share of 10 cents in its first quarter ended March 31, 2011, flat year over year while revenues increased 7% year over year to notch $732.2 million. Given the recent recovery witnessed in the Crane segment alongside sustained growth in the Foodservice segment, we have upgraded our recommendation from Underperform to Neutral. Manitowoc retains a Zacks #3 Rank (short-term Hold recommendation). Manitowoc’s Crane segment had been suffering revenue declines since the third quarter of 2008. However, the segment has shown a turnaround in the last couple of quarters reflecting an improving demand environment. The segment’s backlog as of March 31, 2011 was $800 million, a 40% increase compared with December 31, 2010. The book-to-bill ratio for the first quarter of fiscal ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/24/mtw-manitowoc-upgraded-to-neutral/77336/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TEX) Terex Bid Adequate &#8211; Demag Cranes Agrees</title>
		<link>http://www.stockbloghub.com/2011/06/22/tex-terex-bid-adequate-demag-cranes-agrees/77189</link>
		<comments>http://www.stockbloghub.com/2011/06/22/tex-terex-bid-adequate-demag-cranes-agrees/77189#comments</comments>
		<pubDate>Thu, 23 Jun 2011 01:04:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[DE]]></category>
		<category><![CDATA[Deere & Company]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77189</guid>
		<description><![CDATA[Terex Corp. (TEX) is now in the process of acquiring Demag Cranes for $1.4 billion. After agreeing to Terex’s bid of 45.50 euros per share in cash, up from 41.75 euros, last week, Demag has agreed to be taken over by Terex. The offer values Demag at 963 million euros (approximately $1.4 billion), which according to Demag is justified. Demag now recommends its shareholders to accept Terex&#8217;s offer subject to a minimum acceptance threshold of 51% by Demag shareholders. The offer expires on June 30, 2011. Further, according to Demag, shareholders Halso Lux and Boussard &#38; Gavaudan have already accepted the offer tendering some of their shares. These shareholders had stakes of 3-5% each in the company, which now stand at 2.65%, 3.78% and 1.70%, respectively. Demag favors the takeover ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/22/tex-terex-bid-adequate-demag-cranes-agrees/77189/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TEX) Terex Ups Order &#8211; Demag Nods</title>
		<link>http://www.stockbloghub.com/2011/06/20/tex-terex-ups-order-demag-nods/76606</link>
		<comments>http://www.stockbloghub.com/2011/06/20/tex-terex-ups-order-demag-nods/76606#comments</comments>
		<pubDate>Mon, 20 Jun 2011 16:13:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[DE]]></category>
		<category><![CDATA[Deere & Company]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76606</guid>
		<description><![CDATA[Terex Corp’s (TEX) takeover story of Demag Cranes AG took a positive turn with Terex upping its offer from 41.75 euros to 45.50 euros per share and both the parties signing an agreement foreshadowing future plans. Demag’s board has agreed to recommend the company’s shareholders to accept the improved offer. The new offer is however subject to the same condition as before – a minimum acceptance threshold of 51% by Demag shareholders with an expiration date of June 30. The increased offer values Demag at 963 million euros ($1.4 billion) compared with the previous 883.9 million euros ($1.3 billion). The earlier offer was rejected by Demag on grounds of the offer being too low accompanied with a lack of transparency by Terex as to its future plans for Demag. Further, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/20/tex-terex-ups-order-demag-nods/76606/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CAT) Caterpillar-Bucyrus International Deal Gets DOJ Nod</title>
		<link>http://www.stockbloghub.com/2011/06/04/cat-caterpillar-bucyrus-international-deal-gets-doj-nod/74827</link>
		<comments>http://www.stockbloghub.com/2011/06/04/cat-caterpillar-bucyrus-international-deal-gets-doj-nod/74827#comments</comments>
		<pubDate>Sun, 05 Jun 2011 04:20:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[BUCY]]></category>
		<category><![CDATA[Bucyrus International Inc.]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[CNH]]></category>
		<category><![CDATA[CNH Global NV]]></category>
		<category><![CDATA[Joy Global Inc.]]></category>
		<category><![CDATA[JOYG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74827</guid>
		<description><![CDATA[Caterpillar Inc’s (CAT) pending $8.6 billion buyout of Bucyrus International Inc. (BUCY) is now a step closer to being finalized as it has received a go-ahead by the U.S. Department of Justice. The clearance will allow the acquisition to be clinched by mid 2011 subject to other closing conditions being met. In November last year, Caterpillar announced its intention to acquire Bucyrus, a South Milwaukee-based manufacturer of surface and underground mining equipment, in a transaction worth $8.6 billion (including debt). The deal is touted to be the biggest in the company’s history. The billions-of-dollar deal capitalizes on the rising demand for coal and minerals triggered by growth in the emerging nations. Money Matters Caterpillar will fund the acquisition through a combination of cash from its balance sheet and debt. Caterpillar ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/04/cat-caterpillar-bucyrus-international-deal-gets-doj-nod/74827/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(TEX) Terex Corporation &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2009/12/30/tex-terex-corporation-bear-of-the-day/23894</link>
		<comments>http://www.stockbloghub.com/2009/12/30/tex-terex-corporation-bear-of-the-day/23894#comments</comments>
		<pubDate>Wed, 30 Dec 2009 21:59:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23894</guid>
		<description><![CDATA[Terex Corporation (TEX) is witnessing declining unit volumes across the board since the second half of 2008, due primarily to deterioration of the North American and European economies. The company expects 2009 net sales to decline by approximately 50% compared to 2008 due to weak global end-markets and constrained credit availability worldwide. Despite its efforts to offset lower volumes by cutting costs and managing inventories, the company has posted losses in the last three quarters. With no substantial recovery expected in any of the company&#8217;s end-markets in the near-term, we believe it is impossible for the company to post profits in the next couple of quarters. We are downgrading the rating on the stock from Neutral to Underperform. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/30/tex-terex-corporation-bear-of-the-day/23894/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(TEX) Terex Corporation to Underperform Market</title>
		<link>http://www.stockbloghub.com/2009/12/29/tex-terex-corporation-to-underperform-market/23864</link>
		<comments>http://www.stockbloghub.com/2009/12/29/tex-terex-corporation-to-underperform-market/23864#comments</comments>
		<pubDate>Wed, 30 Dec 2009 01:13:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23864</guid>
		<description><![CDATA[Terex Corp. (TEX) is a multinational manufacturer of a broad range of equipment, primarily for the construction, infrastructure and surface mining industries. The company has been witnessing sharp decline in volumes across the board since the second half of 2008, primarily due to deterioration of the North American and European economies. It expects 2009 net sales to decline approximately 50% compared to 2008 due to weak global end-markets and constrained credit availability worldwide. In response to uncertain market conditions, the company has taken various initiatives to reduce costs and inventories. Despite these efforts, Terex posted losses in the first three quarters of 2009. The global economic slowdown is adversely impacting the company’s businesses, particularly the AWP and Construction businesses. Both segments have posted operating losses year-to-date. AWP customers in North ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(TEX) Terex Corporation to Sell Mining Business to Bucyrus International</title>
		<link>http://www.stockbloghub.com/2009/12/22/tex-terex-corporation-to-sell-mining-business-to-bucyrus-international/23320</link>
		<comments>http://www.stockbloghub.com/2009/12/22/tex-terex-corporation-to-sell-mining-business-to-bucyrus-international/23320#comments</comments>
		<pubDate>Tue, 22 Dec 2009 19:23:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[BUCY]]></category>
		<category><![CDATA[Bucyrus International Inc.]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23320</guid>
		<description><![CDATA[Construction and mining equipment manufacturer Terex Corporation (TEX) has agreed to sell its mining business to Bucyrus International Inc. (BUCY) for $1.3 billion in cash. As a part of this transaction, Terex will divest hydraulic mining excavators, electric drive mining trucks, track and rotary blasthole drills, and the highwall miner as well as related parts and aftermarket service businesses Incorporatedluding the company-owned distribution locations. The transaction is expected to close in the first quarter of 2010. Terex is evolving from a construction and mining equipment company to a machinery and industrial products business. It now wants to focus on products and services where it can maintain and build superior customer propositions with high returns on capital. This transaction will accelerate the company’s transformation. Management pointed out that mining is a ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(TEX) Terex Corporation Reported Wider-Than-Expected Net Loss</title>
		<link>http://www.stockbloghub.com/2009/10/27/tex-terex-corporation-reported-wider-than-expected-net-loss/18801</link>
		<comments>http://www.stockbloghub.com/2009/10/27/tex-terex-corporation-reported-wider-than-expected-net-loss/18801#comments</comments>
		<pubDate>Tue, 27 Oct 2009 17:38:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Terex Corporation]]></category>
		<category><![CDATA[TEX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18801</guid>
		<description><![CDATA[Construction and mining equipment manufacturer Terex Corporation (TEX) announced its third quarter results recently. The company reported wider-than-expected net loss for the quarter. Terex posted a net loss of 77 cents per share, compared to the Zacks Consensus Estimate of a net loss of 33 cents. Profits in the Cranes and Materials Processing &#38; Mining segments were more than offset by losses in the Aerial Work Platforms and Construction segments. The company had posted net profit of 96 cents per share in the comparable quarter of 2008. Net sales during the quarter declined 51.2% to $1,226.1 million from $2,514.6 million in the third quarter of 2008 due to weak sales at all of the company’s businesses, as well as an unfavorable foreign currency translation impact. Sales declined in all the ]]></description>
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