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Terex Corp. - TEX STOCK NEWS

Welcome to our dedicated news page for Terex (Ticker: TEX), a resource for investors and traders seeking the latest updates and insights on Terex.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Terex's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Terex's position in the market.

Rhea-AI Summary
Terex Corporation (TEX) to participate in J.P. Morgan Industrials Conference on March 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
conferences
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Rhea-AI Summary
Terex Corporation appoints Neil Frohnapple as Vice President, Investor Relations, aiming to enhance investor relations and deliver value for shareholders. Frohnapple brings extensive experience from The Timken Company and a strong background in industrial sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
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none
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Rhea-AI Summary
Terex Corporation (NYSE: TEX) will participate in a fireside chat at the 16th Annual Evercore ISI Industrial Conference on March 5, 2024. The webcasts will be available on the Terex Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
Tags
conferences
Rhea-AI Summary
Terex Corporation (TEX) executives to engage in fireside chats at upcoming investor conferences in February. The company will participate in the Citi 2024 Global Industrial Tech and Mobility Conference on February 21st and the Barclays Industrial Select Conference on February 22nd.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.74%
Tags
conferences
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Rhea-AI Summary
Terex Corporation (TEX) reported a significant increase in full-year sales, income from operations, operating margins, and EPS. The company also provided a positive outlook for 2024. The CEO expressed confidence in the company's future and its ability to deliver value to customers and shareholders. However, there are lingering supply chain disruptions and headwinds from European markets. The financial highlights and segment reviews show consistent demand for products and strong income growth. The company's capital allocation strategy and strong free cash flow generation are notable. Terex also declared a quarterly dividend of $0.17 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.55%
Tags
earnings
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Rhea-AI Summary
Terex Corporation (NYSE: TEX) will host a conference call to review its fourth quarter and year-end 2023 financial results on February 9, 2024. The call will be hosted by Simon Meester, President and CEO, and Julie Beck, CFO. The company's financial results will be available on their website after the market close on February 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
earnings
Rhea-AI Summary
Terex Corporation (NYSE: TEX) has been named to Newsweek's list of America's Most Responsible Companies for 2024 for the second straight year. The company's commitment to sustainability, product innovation, customer solutions, team member and community engagement, and responsible operations has been recognized. The list features the top 600 most responsible companies in the United States, selected based on key performance indicators and an independent survey.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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none
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News
Rhea-AI Summary
Terex Corporation reports strong Q3 2023 results with a 15% increase in sales and 46% improvement in EPS. Full-year 2023 EPS outlook raised to ~$7.05. Net sales increased 15.1% to $1.3 billion. Income from operations improved 35% to $163.2 million. Materials Processing segment saw net sales increase by 18.2% to $541.1 million. Aerial Work Platforms segment saw net sales increase by 13.3% to $751.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.55%
Tags
earnings
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Rhea-AI Summary
Terex Corporation has published its 2023 Sustainability Report, highlighting its commitment to sustainability and its impact on the environment. The report details Terex's sustainability practices, including product innovation and solutions that promote safe and sustainable operations for customers. Terex aims to reduce greenhouse gas and energy intensity by 15% by the end of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
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none
Rhea-AI Summary
Terex Corporation announces retirement of Chairman and CEO, John L. Garrison, Jr., effective January 1, 2024, and names Simon Meester as the next CEO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.48%
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none
Terex Corp.

NYSE:TEX

TEX Rankings

TEX Stock Data

4.32B
65.19M
2.76%
95.77%
2.58%
Heavy Duty Truck Manufacturing
Manufacturing
Link
US
Westport

About TEX

terex corporation is a diversified global manufacturer of a broad range of equipment that is focused on delivering reliable, customer-driven solutions for many applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, utility and manufacturing industries. terex has five business segments: aerial work platforms; construction; cranes; material handling & port solutions; and materials processing. terex offers financial products and services to assist in the acquisition of equipment through terex financial services. more information can be found at www.terex.com.