NORWALK, Conn., July 17, 2025 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its second quarter 2025 financial results on Thursday, July 31, 2025 at 8:30 a.m. Eastern Time. Simon Meester, President and Chief Executive Officer, and Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer, will host the call.The Company's financial results will be issued and available at https://investors.terex.com prior to the call the morning of Thursday, July 31, 2025. ...

Core Insights - The global weighbridge market is projected to reach USD 1.02 billion by 2030, with a compound annual growth rate (CAGR) of 4.1% from 2025 to 2031, driven by the construction of smart logistics systems, normalization of overload governance, and industrial digital transformation [1][16]. Market Overview - The weighbridge market is characterized as a high-precision measurement device essential for modern logistics, mining production, and trade settlement, closely linked to infrastructure development, industrial upgrades, and regulatory policies [1]. - The top five manufacturers hold approximately 32.0% of the market share [7]. Product Segmentation - The surface-mounted weighbridge is the dominant product type, accounting for about 17.1% of the market share [10]. - In terms of application, logistics and transportation represent the largest downstream market, capturing approximately 38.5% of the demand [12]. Key Drivers - The explosive growth of e-commerce logistics is expected to contribute 40% of the market increment by 2030, highlighting the demand for efficient weighing solutions [16]. - Upgrading manufacturing processes necessitates high-precision weighbridges in industries such as mining, metallurgy, and construction, aiding companies in cost savings [17]. - Emerging fields like precision agriculture and medical weighing are driving additional demand [18]. Challenges - The long replacement cycle of weighbridges, typically 10-25 years, results in slow replacement rates, with many companies delaying upgrades until equipment failure [19]. - Investment returns can be slow, particularly in low-traffic or seasonal operations, making the cost-effectiveness of purchasing weighbridges questionable [20]. Technological Advancements - The integration of 5G and digital twin technologies enables full lifecycle management of weighbridges, enhancing efficiency through IoT connectivity and real-time data transmission to cloud platforms [21]. Competitive Landscape - Chinese weighbridge manufacturers are rapidly expanding into Southeast Asia and Africa, leveraging cost advantages [22]. - Government initiatives, such as revising measurement standards and providing tax incentives for smart manufacturing equipment, are accelerating technological advancements in the industry [22].

Core Insights - The report provides a comprehensive analysis of the North American Temporary Heating Market, focusing on market size, growth rates, and revenue forecasts from 2024 to 2031 for the United States and Canada [1][4]. Market Overview - The study includes market share splits by equipment type (steam, electric, ground thaw, indirect-fired, direct-fired, flameless, and hydronic surface heaters), country (United States and Canada), and end-user groups (construction, industrial, mining, oil & gas, emergency, events, and others) [2]. - The base year for the study is 2024, with projections extending to 2031 [4]. Market Segmentation - The report details segmentation by type of equipment, end-user, and application, providing insights into the distribution of market shares by revenue for rental providers [2][7]. - It includes analysis by output capacity, categorizing heaters into ranges such as less than 300k BTU/hr, 350k-750k BTU/hr, 750k-1 MBTU/hr, 1-2 MBTU/hr, and above 2 MBTU/hr [9]. Revenue Insights - The report presents revenue-based market share data for 2024, highlighting the end-user market share across various sectors including Construction, Oil & Gas, Industrial, Emergency, Events, Mining, and Others [9]. - It also provides insights into North American Temporary Heating revenues for the years 2022 and 2029 [11]. Market Dynamics - The report identifies key market drivers and restraints, offering a detailed analysis of overall market trends [8][9]. - It includes profiles of major companies in the market, such as Aggreko plc, CAT Dealership Network, Herc Rentals Inc., Resolute Industrial LLC, Sunbelt Rentals Inc., and United Rentals Inc. [9].

Financial Data and Key Metrics Changes - The profit for the year decreased to CHF 7.9 million from CHF 10.7 million, attributed to a decline in dividend income and option income [7] - The management expense ratio improved slightly to 0.54% from 0.56%, indicating good value for an investment vehicle in this sector [8] - The ordinary dividend was maintained at €0.65, with a portfolio return of 11.4%, underperforming the benchmark return of 15.2% [9][11] Business Line Data and Key Metrics Changes - The portfolio's performance was driven by significant contributors such as Temple and Webster, which increased by 127%, and other companies like Hub24 and Life360 [25] - The underperformance was partly due to the absence of strong representation in high-performing sectors like gold [14] - The company sold down positions in high-performing stocks to manage volatility and maintain dividend capacity [27] Market Data and Key Metrics Changes - The company noted a strong recovery in the market after a significant drop earlier in the year, with a return to near peak levels by June [61] - Approximately 35% of revenue from the top 20 stocks comes from offshore sources, indicating a balanced exposure to global markets [72] Company Strategy and Development Direction - The company aims to provide long-term investment returns through holdings and attractive fully franked dividends, focusing on small and mid-sized companies [5][6] - A one-for-seven rights issue was executed to raise capital, allowing for portfolio rebalancing and lower management expense ratios [16][21] - The company plans to take a patient approach to deploying capital, focusing on long-term value rather than short-term market fluctuations [63] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term investment approach despite short-term volatility, emphasizing the importance of patience in capital deployment [63] - The company remains cautious about the current market environment, noting that high growth companies are well-rated, which may limit capital deployment opportunities [69][70] Other Important Information - The company has a history of paying out more in dividends than it receives from share purchase plans, indicating strong shareholder demand for investment opportunities [17] - The capital raising was well-received, with a take-up rate of 119%, leading to a fair outcome for shareholders [21][23] Q&A Session Summary Question: Where is the Australian market developing in a bull market? - The company noted that earnings and valuations drive share prices, but current economic growth is not strong enough to support significant re-ratings in valuations [67][68] Question: What percentage of portfolio revenue comes from global sources? - Approximately 35% of revenue from the top 20 stocks comes from offshore, with a mix of domestic and international businesses [72][73] Question: Why does the company still hold IDP? - The company believes IDP remains the market leader in its space despite current pressures, and it is important to weather the downturn [76][78] Question: What is the view on Macquarie Technology Group's development approval? - There are concerns about development approvals due to local council issues, but the company has faith in management's long-term decisions [80][82] Question: Why was Sigma Healthcare exited from the portfolio? - The exit was due to a rapid increase in value post-merger, making it difficult to justify maintaining a position given its size and valuation [84] Question: Thoughts on Gentrack's transition? - Gentrack has evolved into a robust business, but it may need time to consolidate its growth after a rapid increase in size [90] Question: Will IPD Group pursue further acquisitions? - The company expects IPD Group to continue acquiring businesses, but these will likely be smaller and not thesis-changing [93]

Market Overview - On July 16, the Hang Seng Index fell by 72 points or 0.3%, closing at 24,517 points, while the Hang Seng Tech Index decreased by 0.2% to 5,418 points[1] - The total market turnover reached HKD 259 billion, indicating active trading, with a net inflow of HKD 1.6 billion through the Hong Kong Stock Connect[1] Sector Performance - Funds are shifting towards previously lagging sectors such as technology, robotics, software, telecommunications, and food and beverage[1] - Pharmaceutical stocks like Lijun Pharmaceutical (1513 HK), Fosun Pharma (2196 HK), and Weigao Group (1066 HK) saw gains between 5.6% and 13.1%[1] - High-end manufacturing stocks such as Sanhua Intelligent Control (2050 HK) surged by 8.4%, while related AI and robotics manufacturing stocks rose by 3.9% to 6.4%[1] Global Financial Trends - The US dollar index and the 10-year US Treasury yield have been gradually rising since July, potentially impacting liquidity in the Hong Kong market[2] - The forecasted PE ratio for the Hang Seng Tech Index is 15.6 times, close to historical lows, with its valuation relative to the NASDAQ 100 at the 23.3% percentile over the past three years[2] Company Highlights - Pop Mart (9992 HK) expects a revenue increase of no less than 200% and a net profit growth of at least 350% for the first half of the year, but its stock fell by 4.0% post-announcement due to profit-taking[3] - 361 Degrees (1361 HK) anticipates double-digit revenue growth for the first half of the year, with a year-to-date increase of 19.1%[3] Healthcare Sector Developments - The Hang Seng Healthcare Index rose by 0.8%, with China Biologic Products (1177 HK) announcing a USD 500 million acquisition of a new drug company, which is expected to drive revenue growth[4] - Green Leaf Pharmaceutical (2186 HK) shares increased by 9.4%, driven by expectations of overseas licensing agreements[4] Renewable Energy and Utilities - The renewable energy and utilities sector saw a general decline, except for Winsun Holdings (3393 HK), which rose by 3.6% and has increased by 28.7% since coverage began in June[5]

Market Overview - The A-share market opened lower with the Shanghai Composite Index down by 0.1% and the ChiNext Index down by 0.07% [1] - The photovoltaic equipment sector showed active performance, while insurance, rare earth permanent magnets, and computing power leasing sectors experienced the largest declines [1] Institutional Insights - According to Caixin Securities, the market is in a new buying window before August, with no significant macro risks, improved investor sentiment, and incoming capital, suggesting continued upward momentum despite strong resistance levels [1] - Investment recommendations include sectors related to "anti-involution" policies such as photovoltaic, lithium batteries, automobiles, steel, building materials, coal, and pork [1] - Dongfang Securities predicts that the Shanghai Composite Index will oscillate around 3500 points, with a low systemic risk and potential for upward expansion [2] - CITIC Securities maintains a strategic optimistic outlook, noting that liquidity and improved market sentiment could lead to further upward movement in A-shares, despite potential short-term pullback pressures [3] Sector Focus - High-prospect sectors to consider include TMT (Technology, Media, and Telecommunications) and high-end manufacturing, particularly those expected to report better-than-expected mid-year results [2] - The report emphasizes the importance of sectors benefiting from "anti-involution" policies and those with anticipated strong mid-year earnings, such as overseas computing power, wind energy, shipping, innovative pharmaceuticals, new consumption, and military industry [1][3]

Core Viewpoint - The implementation of the "Private Economy Promotion Law" in China marks a significant transformation for over 92% of enterprises, particularly emphasizing the role of private enterprises in Jiangsu's economy, which contributes significantly to GDP, tax revenue, R&D investment, and employment [1] Group 1: Financial Support for Private Enterprises - The People's Bank of China Jiangsu Branch released a report showing that Industrial Bank's Nanjing Branch has excelled in providing financial services to private enterprises, achieving the highest rating for four consecutive quarters [1][2] - As of March 2024, the loan balance for private enterprises at Industrial Bank exceeded 1.7 trillion yuan, reflecting a growth of over 55% since 2022, serving nearly 520,000 private enterprises [2] Group 2: Tailored Financial Solutions - Industrial Bank's Nanjing Branch has developed a three-step approach to support private enterprises, including thorough industry research, direct communication with enterprises, and the introduction of financial incentives [6][7] - The branch has successfully increased its loan balance for private enterprises to 844.77 billion yuan, with a year-to-date growth of 7.1%, and a 9.5% increase in loans specifically for private enterprises [5] Group 3: Innovative Financing Strategies - The bank has engaged in collaborative financing efforts, forming a syndicate with other banks to support large-scale projects, such as providing 18.6 billion yuan in credit for HT Company's international shipping contracts [8][10] - This syndicate financing model has allowed the bank to navigate complex cross-border financing challenges, successfully issuing significant international guarantees [11] Group 4: Supply Chain Financial Innovations - The bank has capitalized on the growing demand for supply chain finance, launching the "Changlian Platform" to facilitate financing for upstream private enterprises [12][13] - By innovating financial products, such as converting electronic debt certificates into bank bills, the bank has significantly reduced financing costs for suppliers [15] Group 5: Comprehensive Financial Services - Industrial Bank has established a comprehensive service model for private enterprises, integrating various financial products and services to support their growth at different stages [20][21] - The bank's proactive approach includes risk-sharing mechanisms and a focus on sectors like new energy and intelligent manufacturing, enhancing its support for private enterprises [20][21]

Company Performance - AST SpaceMobile, Inc. (ASTS) stock increased by 2.95% to $52.63, outperforming the S&P 500's gain of 0.32% [1] - Over the last month, ASTS shares rose by 27.48%, significantly exceeding the Computer and Technology sector's gain of 7.22% and the S&P 500's gain of 4.51% [1] Earnings Expectations - Analysts expect AST SpaceMobile, Inc. to report earnings of -$0.19 per share, reflecting a year-over-year decline of 35.71% [2] - The consensus estimate for revenue is $5.15 million, which represents a substantial increase of 472.22% from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, Zacks Consensus Estimates predict earnings of -$1 per share and revenue of $62.5 million, indicating changes of -51.52% and +1314.58% respectively from the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for AST SpaceMobile, Inc. are important as they reflect changes in short-term business dynamics [4] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank and Industry Position - The Zacks Rank system currently rates AST SpaceMobile, Inc. as 4 (Sell), with a 1.01% decrease in the consensus EPS estimate over the last 30 days [6] - The Wireless Equipment industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 211, placing it in the bottom 15% of over 250 industries [7]

Kinder Morgan (KMI) came out with quarterly earnings of $0.28 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this oil and natural gas pipeline and storage company would post earnings of $0.35 per share when it actually produced earnings of $0.34, delivering a surprise of -2.86%.Over the last four quarters, the company has not been able to surpass consensus ...

Company Performance - AAR reported quarterly earnings of $1.16 per share, exceeding the Zacks Consensus Estimate of $1 per share, and up from $0.88 per share a year ago, representing an earnings surprise of +16.00% [1] - The company achieved revenues of $754.5 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 9.19%, compared to $656.5 million in the same quarter last year [2] - AAR has surpassed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates three times during the same period [2] Stock Performance - AAR shares have increased approximately 19.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 6.2% [3] - The current consensus EPS estimate for the upcoming quarter is $1.04 on revenues of $674.26 million, and for the current fiscal year, it is $4.51 on revenues of $2.85 billion [7] Industry Outlook - The Aerospace - Defense Equipment industry, to which AAR belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact AAR's stock performance [5][6]