Growing Demand, Strategic Initiatives, and Solid Market Conditions Show Business Growth - Research Report on Caterpillar, AGCO, Manitowoc, Terex, and CNH Global Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, August 5, 2013 NEW YORK, August 5, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting Caterpillar Inc. (NYSE: CAT), AGCO Corporation (NYSE: AGCO), Manitowoc Co. Inc. (NYSE: MTW), Terex Corp. (NYSE: TEX), and CNH Global NV (NYSE: CNH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Caterpillar Inc. Research Report On July 24, 2013, Cat Financial, a subsidiary of Caterpillar Inc. (Caterpillar), reported its Q2 2013 financial results with revenues of $694 million, up 3.9% YoY. According to the Company, revenue growth was primarily due to higher average earning assets. Profit before income taxes totaled $158 million compared with $144 million in Q2 2012. "Cat Financial's business continues to perform well as a result of continued growth in our earning assets," said Kent Adams, Cat Financial President and Vice President of Caterpillar Inc. "The global Cat Financial team remains focused on helping Cat customers and dealers succeed through financial services excellence." The Full Research Report on Caterpillar Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5caf_CAT] -- AGCO Corporation Research Report On July 31, 2013, AGCO Corp. (AGCO) reported its Q2 2013 financial results with net sales of approximately $3 billion, up 13.3% YoY. Net income totaled $213.7 million or $2.15 per diluted share compared to $204.9 million or $2.08 per diluted share in Q2 2012. Martin Richenhagen, Chairman, President and CEO stated, "AGCO's strong performance in the second quarter produced record earnings and operating margins in excess of 10%. Healthy market demand in North and South America generated growth in both sales and production. Low levels of material cost inflation coupled with our margin improvement initiatives also contributed to our improved results." The Company updated its full year EPS guidance to $6.00 and expects 2013 net sales to be in the range of $10.8 billion to $11.0 billion. The Full Research Report on AGCO Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9815_AGCO] -- Manitowoc Co. Inc. Research Report On July 29, 2013, Manitowoc Co. (Manitowoc) reported its Q2 2013 financial results with sales of approximately $1 billion, up 5% YoY driven by a 7.6% YoY increase in Crane segment sales. GAAP earnings totaled $57.6 million or $0.43 per diluted share, compared with $45.3 million or $0.34 per diluted share in Q2 2012. Glen E. Tellock, Manitowoc's Chairman and Chief Executive Officer, commented, "Our second-quarter results are a byproduct of our ongoing focus on and execution of our strategic initiatives that are expected to generate long-term growth and profitability. While a level of caution remains around the broader economic environment, we continue to be confident in the opportunities that lie ahead." Crane also reaffirmed its full year outlook for 2013 and anticipates a high single-digit percentage growth in its revenue and its debt reduction to exceed $200 million. The Full Research Report on Manitowoc Co. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7345_MTW] -- Terex Corp. Research Report On July 24, 2013, Terex Corp. (Terex) announced its Q2 2013 financial results with net sales down 5.1% YoY to approximately $1.9 million. Income from continuing operations stood at $21.3 million or $0.18 per diluted share, compared with $83.6 million or $0.75 per share in Q2 2012. Income from operations was $85.3 million compared to $175 million in Q2 2012. Ron DeFeo, Terex Chairman and CEO stated, "As we communicated in mid-June, the marketplace overall has softened compared to what we originally anticipated for 2013." He Continued, "Overall by geography, North America continues to improve, but now at a slower pace. Europe remains challenging, and the markets in the rest of the world remain mixed." Terex also reaffirmed its EPS outlook for 2013 in the range of $1.90 to $2.10 per share excluding restructuring and other unusual items, and net sales to be between $7.5 billion and $7.7 billion. The Full Research Report on Terex Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f966_TEX] -- CNH Global NV Research Report On July 31, 2013, CNH Global NV reported its Q2 2013 financial results with net sales of approximately $5.5 billion, a 9% YoY growth. Net Income attributable to CNH common shareholders stood at $473 million or $1.93 per diluted share compared with $356 million or $1.47 per diluted share in Q2 2012. According to the Company, the growth in net income was driven by continued solid market conditions on the agricultural equipment sector, strong industrial performance and improved results from the group's financial service business. For full year 2013, the Company anticipates revenue growth of 5% YoY and its operating margin to be between 8.5% and 9%. The Full Research Report on CNH Global NV - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7580_CNH] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Growing Demand, Strategic Initiatives, and Solid Market Conditions Show Business Growth - Research Report on Caterpillar, AGCO,
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