Heavy Machinery & Vehicles

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Terex Corp sees FY 2014 EPS guidance to be at or near bottom of previous range; reaffirms FY 2014 revenue guidance

Wednesday, 29 Oct 2014 06:04pm EDT

Terex Corp:Expect FY 2014 annual outlook for earnings per share to be at or near the bottom of the previously announced range of $2.35 to $2.50, excluding restructuring and other unusual items, on net sales of between $7.3 and $7.5 bln.FY 2014 revenue of $7.4 bln and EPS of $2.36 - Thomson Reuters I/B/E/S.

Terex Corp to form Joint Venture with Manitex International, Inc

Wednesday, 29 Oct 2014 03:29pm EDT

Terex Corp:Agrees to sell 51 pct 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 pct owned by Manitex and 49 pct owned by Terex.Transaction is expected to result in more than $125 mln of cash received by Terex, including cash from a recapitalization of ASV prior to closing and a significant amount in tax benefits.Upon completion of the transaction, ASV will continue to sell its compact track loaders and skid steers under the Terex brand.Transaction is expected to be completed before the end of 2014.

China CNR Corp Ltd to provide guarantee for CNR MA Corporation

Tuesday, 28 Oct 2014 08:00pm EDT

China CNR Corp Ltd:To provide guarantee of up to $570 million for CNR MA Corporation.

Inner Mongolia North Hauler Joint Stock announces change of accounting policy

Tuesday, 28 Oct 2014 08:00pm EDT

Inner Mongolia North Hauler Joint Stock Co Ltd:Changed accounting policy based on new accounting standards released by Ministry of Finance, effective July 1.

Anhui Heli Co Ltd announces change in accounting policy

Tuesday, 28 Oct 2014 08:00pm EDT

Anhui Heli Co Ltd:Says change in accounting policy due to new accounting standards announced by Ministry of Finance of the People's Republic of China.Effective July 1.


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Provider: GlobalData
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports
Provider: Reuters Investment Profile

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