Terex (TEX) begins comprehensive cost reduction program, suspends dividend
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- Why this Wall Street strategist says the "trade is long gold"
- U.S. EV market shows signs of bottoming out: Bernstein
- Micron rises as White House presses Apple to avoid Chinese memory chips
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- Oil settles up over $2 as Iran war stalemate stokes supply concerns
- L3Harris CEO steps down amid conduct review, shares drop
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
Terex Provides an Important Business Update Regarding COVID-19
April 23, 2020 4:11 PM EDTWESTPORT, Conn., April 23, 2020 (GLOBE NEWSWIRE) -- Terex Corporation (NYSE: TEX), a global manufacturer of aerial work platforms and materials processing equipment, is providing a business update regarding health and safety, liquidity, and cost reduction actions in response to the COVID-19 pandemic.
We are focused on successfully navigating through this unprecedented period and are implementing substantial cost saving and operational actions to enhance liquidity and maintain financial flexibility, stated Terex Corporation Chairman, President and CEO, John L. Garrison, Jr. We continue to monitor our end market demand and supply chains and have... More
