United States

Manitowoc Company Inc (MTW.N)

MTW.N on New York Stock Exchange

21 Oct 2016
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$-0.06 (-1.38%)
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Wed, Oct 19 2016

BRIEF-Manitowoc sees Q3 sales of about $350 million

* Manitowoc Company Inc - "orders and backlog for company declined double digits during Q3, and these trends have continued into Q4"

BRIEF-Manitowoc Co says ITC issued cease and desist order to Sany America in connection with manufacturing cranes

* The Manitowoc Company prevails in patent infringement and trade secret misappropriation lawsuit against sany

BRIEF-Manitowoc Co says to recognize a non-cash impairment charge of $75 mln-$80 mln in H2 2016

* Will recognize a non-cash impairment charge associated with accumulated costs of approximately $75 to $80 million in second half of 2016

BRIEF-The Manitowoc company reports first-quarter financial results

* Q1 adjusted loss per share $0.04 from continuing operations

BRIEF-The Manitowoc Company names David Antoniuk as CFO

* The Manitowoc Company appoints David J. Antoniuk as vice president and chief financial officer

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