Morgan Stanley bullish on machinery industry, upgrades stocks

Morgan Stanley upgraded its machinery sector outlook to 'attractive' for 2025, citing key equipment cycles, with various companies reviewed for investment potential.

United Rentals and industry peers face declines amid Ashtead's lowered forecast

United Rentals and other equipment rental companies saw stock declines after Ashtead Group lowered guidance due to soft US market conditions, indicating potential rental demand slowdown.

Earnings call: Terex reports a net sales decrease of 6% year-over-year

Terex beats Q3 expectations, raises full-year outlook

Terex Corporation's Q3 earnings surpassed estimates, with raised full-year guidance, despite sales declines in some segments. The company's strong balance sheet supports future growth.