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Stock Market & Financial Investment News

News Breaks
November 29, 2012
11:44 EDTOSKOshkosh responds to Carl Icahn
Oshkosh issued the following statement in response to the press release Carl Icahn issued earlier today: "We encourage Oshkosh shareholders to ignore Carl Icahn's last minute plea to support his highly conditional, inadequate and opportunistic offer. Mr. Icahn continues to pursue flawed and ever-changing platforms, devoid of credible ideas or analysis. The Oshkosh Board and management team, however, have been successfully executing the Company's MOVE strategy, which is creating substantial value for shareholders and has enhanced our ability to return capital to them. We believe that our track record and forecasted outlook speak for themselves and encourage shareholders not to tender their shares into Mr. Icahn's inadequate offer." Goldman, Sachs & Co. is serving as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP and Foley & Lardner LLP are serving as legal advisors to the company.
News For OSK From The Last 14 Days
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July 29, 2014
13:29 EDTOSKOshkosh pullback a buying opportunity, says JPMorgan
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09:10 EDTOSKOshkosh says non-defense markets improving, not all at previously expected pace
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07:03 EDTOSKOshkosh narrows FY14 adjusted EPS view $3.40-$3.55, consensus $3.61
Sees FY14 consolidated sales $6.7B-$6.75B, consensus $6.77B. The Company’s estimated sales range reflects slightly lower expectations in the Company’s non-defense segments. The Company expects adjusted1 consolidated operating income to be between $490 million and $505 million. The adjusted consolidated operating income expectations reflect operating income margins of approximately 14.6 percent in the Company’s access equipment segment, operating income margins in the defense segment at the high end of previous expectations and operating income margins in the Company’s fire & emergency and commercial segments at the low end of previous expectations. "Looking forward, we continue to believe the outlook for our non-defense markets in 2015 is positive, and we expect MOVE initiatives to continue to contribute to margin expansion in 2015 and beyond,” the company said.
07:02 EDTOSKOshkosh reports Q3 adjusted EPS $1.23, consensus $1.37
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