Manitowoc Co Inc
Latest Manitowoc Co Inc News and Updates
How Manitowoc’s 3Q results reflect “muted demand environment”
Manitowoc has a global footprint with presence in all major geographies and serves diversified end markets.
Manitowoc to spin off after activist pressure
In its 8K filing with the SEC on January 29, Manitowoc announced that it will split its cranes and foodservice businesses.
Leveraged Loan Funds Witnessed Outflows: What Does It Mean?
Leveraged loan funds saw an outflow in the week ending February 3. It’s the fifth successive week in 2016. The quantum of outflows was $405.0 million last week.
Relational Investors goes activist on Manitowoc
Relational Investors LLC was co-founded by Ralph Whitworth and David Batchelder. It filed a 13D with the SEC last week and said it acquired 11.5 million shares, or an 8.52% stake, in Manitowoc (MTW)
Why Carl Icahn threatened a proxy fight at Gannett
Last month, activist investor Carl Icahn put pressure on Gannett Company (GCI). He threatened a proxy fight unless the fund’s concerns were resolved.
A key overview of Manitowoc’s foodservice business
Manitowoc’s foodservice business designs, manufactures, and supplies food and beverage equipment.
Why Manitowoc’s crane business is so volatile
Manitowoc’s crane business is one of the world’s largest providers of lifting equipment for the global construction industry.
Manitowoc foodservice segment neutralizes cyclicality of cranes
Manitowoc foodservice reported net sales of $417.1 million, up 3.8% from $401.9 million in 3Q13.
Why the outlook for Manitowoc’s crane segment remains weak
For 3Q14, net sales in Manitowoc’s crane segment were $569.2 million, 6.7% down compared to $610.2 million in the third quarter of 2013.
Carl Icahn discloses activist stake in Manitowoc
Activist investor Carl Icahn owns a 7.77% stake in Manitowoc and will push it to break into two companies.