Manitowoc Co Inc

Latest Manitowoc Co Inc News and Updates

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    Fund Managers

    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.

    By Diana Key
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    Fund Managers

    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.

    By Diana Key
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    Company & Industry Overviews

    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.

    By Lynn Noah
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    Industrials

    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)

    By Samantha Nielson
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    Fund Managers

    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.

    By Samantha Nielson
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    Miscellaneous

    A key overview of Manitowoc’s foodservice business

    Manitowoc’s foodservice business designs, manufactures, and supplies food and beverage equipment.

    By Diana Key
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    Miscellaneous

    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.

    By Diana Key
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    Fund Managers

    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.

    By Diana Key
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    Fund Managers

    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.

    By Diana Key
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    Fund Managers

    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.

    By Diana Key
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