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Manitowoc Company Inc (MTW.N)

MTW.N on New York Stock Exchange

32.41USD
23 Feb 2018
Change (% chg)

$0.70 (+2.21%)
Prev Close
$31.71
Open
$32.18
Day's High
$32.93
Day's Low
$32.00
Volume
166,444
Avg. Vol
139,896
52-wk High
$44.01
52-wk Low
$21.22

Latest Key Developments (Source: Significant Developments)

Manitowoc Says On Dec 11, Court Ruled In Co's Favor In Its Trade Secrets Misappropriation Lawsuit Against Sany Regarding Manitowoc's VPC Technology
Wednesday, 20 Dec 2017 

Dec 19 (Reuters) - Manitowoc Company Inc ::MANITOWOC - ON DEC 11, COURT RULED IN CO'S FAVOR IN ITS TRADE SECRETS MISAPPROPRIATION LAWSUIT AGAINST SANY REGARDING MANITOWOC'S VPC TECHNOLOGY.  Full Article

Manitowoc announces 1-for-4 reverse stock split
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Manitowoc Company Inc ::The Manitowoc Company Inc announces 1-for-4 reverse stock split.Says Manitowoc common stock will begin trading on a split-adjusted basis when markets open on November 20, 2017​.  Full Article

The Manitowoc Co reports Q3 non-GAAP earnings per share $0.09
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Manitowoc Company Inc ::The manitowoc company reports third-quarter 2017 financial results.Q3 adjusted non-GAAP earnings per share $0.09 from continuing operations.Q3 earnings per share $0.07 from continuing operations.Q3 sales $399.4 million versus I/B/E/S view $385 million.Q3 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.Q3 adjusted non-GAAP earnings per share $0.09.Manitowoc Company Inc - ‍reaffirms full-year 2017 guidance​.Manitowoc Company Inc - ‍third-quarter orders of $376.1 million were up 21pct from comparable period in 2016​.Manitowoc Company Inc - ‍backlog totaled $467.9 million at September 30, 2017, up 32pct, from third-quarter 2016 ending backlog​.FY2017 revenue view $1.51 billion -- Thomson Reuters I/B/E/S.Manitowoc - ‍Q3 GAAP, non-GAAP net income benefited from discrete tax items in period of $13.7 million or $0.09 per share​.  Full Article

Manitowoc Co awarded fixed-price with economic price adjustment contract
Saturday, 12 Aug 2017 

Aug 11 (Reuters) - Manitowoc Company Inc -:Manitowoc Company-was awarded fixed-price with economic price adjustment contract spe8ec-17-d-0008 from dla with maximum estimated value of $121.9 million​.Manitowoc Company Inc - ‍contract for procurement of commercial type cranes​.Manitowoc Company Inc - ‍contract does not require dla to order cranes from manitowoc​.Manitowoc Company Inc - ‍contract award is not to be confused with us army type II heavy crane award announced on june 18, 2015​.  Full Article

Manitowoc Company Inc - backlog totaled $394 million as of June 30, 2016, down from Q1 of 2016 backlog of $502 million
Tuesday, 9 Aug 2016 

The Manitowoc Company : Q2 gaap loss per share $0.04 . Reports Second Quarter financial results . Q2 adjusted non-GAAP earnings per share $0.04 from continuing operations . Q2 sales $457.7 million versus I/B/E/S view $464 million . Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Expects to recognize cash outflows of about $35-50 million in settlement of expenses by end of 2017 . FY2016 revenue view $1.82 billion -- Thomson Reuters I/B/E/S . Sees 2016 revenue down about 10% to 12%; sees 2016 capital expenditures about $45 to $50 million .Backlog totaled $394 million as of June 30, 2016, down from first-quarter of 2016 backlog of $502 million.  Full Article

BRIEF-Carl Icahn Says Now Owns 4.85 Percent Stake In Manitowoc Co

* CARL ICAHN SAYS NOW OWNS 4.85 PERCENT STAKE IN MANITOWOC COMPANY INC AS OF FEBRUARY 21 - SEC FILING Source text: (http://bit.ly/2FnomOC) Further company coverage: