Terex Dips In Pre-Market On Cutting FY08 EPS Forecast

slid in pre-market trading, after the company lowered its 2008 fiscal year earnings outlook. The stock was down $5.92 just after 9:10 am ET, slipping to $41.40. If pre-market losses hold, the stock will open at its lowest level since September 2006. Terex updated full year 2008 earnings guidance to a range of $6.35 - $6.65 per share from prior earnings of $5.85 per share. The company currently expects 9% to 14%... [read full story]