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Manitowoc

8.04

+0.04000.50%

Post-market: 8.040.00000.00%16:05 EDT

Volume:295.80K

Turnover:2.37M

Market Cap:284.95M

PE:5.15

High:8.10

Open:7.94

Low:7.88

Close:8.00

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Overview Company News Filings

Press Release: The Manitowoc Company Expands its Direct-to-Customer Footprint in Georgia, North Carolina, and South Carolina

Caterpillar (CAT) Q4 Earnings Surpass Estimates

The Manitowoc Company Schedules Fourth-quarter 2024 and Full-year 2024 Earnings Announcement and Conference Call

Top Research Reports for Tesla, UnitedHealth & Oracle

Correction: Manitowoc did not send letter on director nominees

Manitowoc sends letter to shareholders on voting director nominees

Three Top Undervalued Small Caps In US With Insider Buying

Simply Wall St.

Manitowoc Company (MTW) Receives a Sell from Barclays

With 77% institutional ownership, The Manitowoc Company, Inc. (NYSE:MTW) is a favorite amongst the big guns

Simply Wall St.

CAT Stock Trades at Premium Value: Should You Buy, Sell or Hold?

New Strong Sell Stocks for December 30th

Is The Manitowoc Company, Inc. (MTW) Among The Best Heavy Equipment and Industrial Machinery Stocks to Buy?

Manitowoc Agrees to Pay $42.6M to Resolve Alleged Clean Air Act Violations

Manitowoc Agrees to Pay $42.6 Million to Settle Alleged Clean Air Act Violations; Shares Fall

MT Newswires Live

Manitowoc agrees to settle U.S. EPA matter for $42.6M

BRIEF-Manitowoc Reaches Agreement To Settle U.S. EPA Matter Regarding Emissions Certification

Manitowoc: per Terms of Agreement, Manitowoc Will Complete an Emissions Mitigation Project Upgrading a Short-Line Locomotive Engine in Maryland

THOMSON REUTERS

the Manitowoc Company Reaches Agreement to Settle U.S. Epa Matter Regarding Its Emissions Certification and Compliance Process

THOMSON REUTERS

Manitowoc Company Inc - to Pay $42.6 Million Civil Penalty

THOMSON REUTERS

The Manitowoc Company reaches agreement to settle U.S. EPA matter regarding its emissions certification and compliance process

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The Manitowoc Company, Inc.  , a leading global manufacturer of cranes and lifting solutions, announced today that through its wholly- owned subsidiary, MGX Equipment Services, LLC, it has completed the acquisition of certain crane assets of Ring Power Corporation . This transaction expands Manitowoc's direct-to-customer footprint in the territories with new and used crane sales, aftermarket parts, service, and remanufacturing support to a diverse range of end market customers. MGX will now serve crane customers in Georgia, North Carolina, and South Carolina. Ring Power will maintain its current facilities in Georgia, North Carolina, and South Carolina for its utility and vocational truck operations. In addition, Ring Power will operate its crane business in Florida representing Grove, Manitowoc, and National Crane products.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4516","MTW","CARO","BK4149"],"gpt_icon":0},{"id":"2507626899","title":"Caterpillar (CAT) Q4 Earnings Surpass Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2507626899","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507626899?lang=en_us&edition=fundamental","pubTime":"2025-01-30 20:35","pubTimestamp":1738240502,"startTime":"0","endTime":"0","summary":"Caterpillar  came out with quarterly earnings of $5.14 per share, beating the Zacks Consensus Estimate of $4.97 per share. This compares to earnings of $5.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.42%. A quarter ago, it was expected that this construction equipment company would post earnings of $5.33 per share when it actually produced earnings of $5.17, delivering a surprise of -3%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Caterpillar , which belongs to the Zacks Manufacturing - Construction and Mining industry, posted revenues of $16.22 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.57%. This compares to year-ago revenues of $17.07 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.Caterpillar shares have added about 8.4% since the beginning of the year","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/caterpillar-cat-q4-earnings-surpass-123502049.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MTW","CAT"],"gpt_icon":0},{"id":"2507665483","title":"The Manitowoc Company Schedules Fourth-quarter 2024 and Full-year 2024 Earnings Announcement and Conference Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2507665483","media":"Business Wire","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507665483?lang=en_us&edition=fundamental","pubTime":"2025-01-30 05:02","pubTimestamp":1738184520,"startTime":"0","endTime":"0","summary":"MILWAUKEE, January 29, 2025----The Manitowoc Company, Inc.  announced today that it will release its fourth-quarter 2024 and full-year 2024 results on Wednesday, February 12, 2025, after the close of market. The Company will host an earnings call to discuss its results and outlook on Thursday, February 13, 2025, at 10:00 a.m. ET .The Manitowoc Company, Inc. was founded in 1902 and has over a 120-year tradition of providing high-quality, customer-focused products and support services to its markets. Manitowoc is one of the world's leading providers of engineered lifting solutions. Manitowoc, through its wholly-owned subsidiaries, designs, manufactures, markets, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Aspen Equipment, Grove, Manitowoc, MGX Equipment Services, National Crane, Potain, and Shuttlelift brand names.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/manitowoc-company-schedules-fourth-quarter-210200136.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MTW"],"gpt_icon":0},{"id":"2505060024","title":"Top Research Reports for Tesla, UnitedHealth & Oracle","url":"https://stock-news.laohu8.com/highlight/detail?id=2505060024","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505060024?lang=en_us&edition=fundamental","pubTime":"2025-01-24 04:09","pubTimestamp":1737662940,"startTime":"0","endTime":"0","summary":"Thursday, January 23, 2025The Zacks Research Daily presents the best research output of our analyst team. 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The previous story has been removed. Published first o...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/correction-manitowoc-did-not-send-letter-on-director-nominees?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/correction-manitowoc-did-not-send-letter-on-director-nominees?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4149","BK4516","MTW"],"gpt_icon":0},{"id":"2505742322","title":"Manitowoc sends letter to shareholders on voting director nominees","url":"https://stock-news.laohu8.com/highlight/detail?id=2505742322","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505742322?lang=en_us&edition=fundamental","pubTime":"2025-01-22 21:05","pubTimestamp":1737551154,"startTime":"0","endTime":"0","summary":"Matthews International sent a letter to its shareholders emphasizing the Company’s commitment to long-term value creation. Key highlights from the ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/manitowoc-sends-letter-to-shareholders-on-voting-director-nominees?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/manitowoc-sends-letter-to-shareholders-on-voting-director-nominees?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MTW","BK4149","BK4516"],"gpt_icon":0},{"id":"2505711491","title":"Three Top Undervalued Small Caps In US With Insider Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=2505711491","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505711491?lang=en_us&edition=fundamental","pubTime":"2025-01-22 18:05","pubTimestamp":1737540344,"startTime":"0","endTime":"0","summary":"Over the last 7 days, the United States market has risen by 3.8%, contributing to a 24% climb over the past year, with earnings expected to grow by 15% annually. In such a dynamic environment, identifying stocks that are potentially undervalued and have insider buying can be key indicators of promising opportunities for investors seeking growth in small-cap companies.Top 10 Undervalued Small Caps With Insider Buying In The United States. Click here to see the full list of 44 stocks from our Undervalued US Small Caps With Insider Buying screener.Maravai LifeSciences Holdings, a player in the biotech industry, has seen insider confidence with recent share purchases over the past few months. Despite reporting a net loss of US$99 million for Q3 2024 and facing goodwill impairment charges of US$154.24 million, its revenue guidance for 2024 is set between US$255 million to US$265 million. Leadership changes include Trey Martin assuming direct responsibility for Nucleic Acid Production follow","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/three-top-undervalued-small-caps-100544735.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MTW","BK4121","BK4088","BK4149","SDHC","BK4516","MRVI"],"gpt_icon":0},{"id":"2502098074","title":"Manitowoc Company (MTW) Receives a Sell from Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=2502098074","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2502098074?lang=en_us&edition=fundamental","pubTime":"2025-01-09 16:55","pubTimestamp":1736412942,"startTime":"0","endTime":"0","summary":"Barclays analyst Adam Seiden assigned a Sell rating to Manitowoc Company (MTW – Research Report) today and set a price target of $9.00. The company...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/manitowoc-company-mtw-receives-a-sell-from-barclays-4?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/manitowoc-company-mtw-receives-a-sell-from-barclays-4?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4149","MTW","BK4516"],"gpt_icon":0},{"id":"2501282559","title":"With 77% institutional ownership, The Manitowoc Company, Inc. (NYSE:MTW) is a favorite amongst the big guns","url":"https://stock-news.laohu8.com/highlight/detail?id=2501282559","media":"Simply Wall St.","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501282559?lang=en_us&edition=fundamental","pubTime":"2025-01-06 18:32","pubTimestamp":1736159522,"startTime":"0","endTime":"0","summary":"Significantly high institutional ownership implies Manitowoc Company's stock price is sensitive to their trading actions. 51% of the business is held by the top 13 shareholders. If you want to know who really controls The Manitowoc Company, Inc. , then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 77% ownership. In other words, the group stands to gain the most  from their investment into the company.Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.Let's delve deeper into each type of owner of Manitowoc Company, beginning with the chart below.Check out our latest analysis for Manitowoc Company. What Does The Institutional Ownership Tell Us About Manitowoc Comp","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/77-institutional-ownership-manitowoc-company-103202195.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MTW","NYSE","BK4516","BK4149"],"gpt_icon":0},{"id":"2500514657","title":"CAT Stock Trades at Premium Value: Should You Buy, Sell or Hold?","url":"https://stock-news.laohu8.com/highlight/detail?id=2500514657","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500514657?lang=en_us&edition=fundamental","pubTime":"2025-01-03 22:41","pubTimestamp":1735915260,"startTime":"0","endTime":"0","summary":"Caterpillar Inc. CAT is currently trading at a forward 12-month P/E of 16.60X compared with the manufacturing - construction and mining industry’s 15.59X. With a Value Score of C the CAT stock may not present a compelling value proposition at these levels.This premium valuation raises concerns, considering CAT's revenue declines over the past three quarters. While Caterpillar had been managing to maintain profitability, the decline in earnings witnessed in the third quarter of 2024 broke its streak of improved earnings for 14 straight quarters.CAT Stock Price Performance Beats Industry, Sector & S&P500. In the past year, the CAT stock has gained 26.5% compared with the industry’s 22.8% growth. In comparison, the Zacks Industrial Products sector and the S&P 500 have risen 11.5% and 25.9%, respectively, in the same period.Reflecting the abovementioned headwinds, earnings estimates for Caterpillar","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cat-stock-trades-premium-value-144100494.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4534","KMTUY","TEX","SDS","BK4520","LU2264538146.SGD","MTW","IE00BSNM7G36.USD","LU1917777945.USD","BK4504","VOO","SH",".SPX","OEX","LU1974910355.USD","BK4581","LU2237438978.USD","BK4588","LU0868494617.USD","BK4550","SPXU","BK4516","BK4585","SPY","BK4559","LU0942090050.USD","LU2023250504.SGD","BK4597","BK4532","SSO","LU1064131342.USD","CAT","BK4149","UPRO","LU0868494708.USD","IE00BD6J9T35.USD","OEF","LU1988902786.USD","IVV","ESmain","LU2106854487.HKD"],"gpt_icon":0},{"id":"2495546587","title":"New Strong Sell Stocks for December 30th","url":"https://stock-news.laohu8.com/highlight/detail?id=2495546587","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495546587?lang=en_us&edition=fundamental","pubTime":"2024-12-30 19:03","pubTimestamp":1735556580,"startTime":"0","endTime":"0","summary":"Here are three stocks added to the Zacks Rank #24  List today:. ATI Inc. ATI is a specialty materials and complex components company. The Zacks Consensus Estimate for its current year earnings has been revised 8.5% downward over the last 60 days.Graphic Packaging Holding Company GPK is a company which provides fiber-based packaging solutions to food, beverage, foodservice, and other consumer products. The Zacks Consensus Estimate for its current year earnings has been revised 3.8% downward over the last 60 days.Want the latest recommendations from Zacks Investment Research?Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report. The Manitowoc Company, Inc.  : Free Stock Analysis Report. Graphic Packaging Holding Company  : Free Stock Analysis Report. To read this article on Zacks.com click here.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/strong-sell-stocks-december-30th-110300226.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0471298694.HKD","LU0012050646.USD","MTW","LU2360108059.USD","ATI","IE00B19Z4B17.USD","LU2065731478.USD","IE0031619046.USD","LU0963586101.USD","LU0566484027.USD","IE00B775SV38.USD","LU1878469433.USD","BK4516","IE00B7SZL793.SGD","BK4136","BK4149","LU0471298777.SGD","LU0385154629.USD","IE00B66KJ199.SGD","LU1559883803.SGD","LU2041044095.USD","IE00B3S45H60.SGD","LU2360106947.USD","GPK","BK4006","LU1721429741.USD","LU2298321311.HKD","LU0106261612.USD","LU2065732104.USD","LU2092937221.SGD","LU1721429402.USD","LU2380233275.USD"],"gpt_icon":0},{"id":"2493204351","title":"Is The Manitowoc Company, Inc. (MTW) Among The Best Heavy Equipment and Industrial Machinery Stocks to Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2493204351","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493204351?lang=en_us&edition=fundamental","pubTime":"2024-12-23 11:58","pubTimestamp":1734926325,"startTime":"0","endTime":"0","summary":"We recently compiled a list of the 10 Best Heavy Equipment and Industrial Machinery Stocks to Buy.In this article, we are going to take a look at where The Manitowoc Company, Inc.  stands against the other heavy equipment and industrial machinery stocks.The industrial heavy equipment market includes machinery and tools used in construction, mining, agriculture, and industrial applications. According to 360iResearch, this sector is critically important for infrastructure development, mining operations, and large-scale agricultural productivity.Growing infrastructural developments, rapid urbanization, and the growth of mining activities are fueling the necessity for heavy equipment. In agriculture, improved machinery efficiency remains critical for meeting global food demands. As per 360iResearch, market growth continues to be influenced by technological advancements like automation, loT integration, and sustainability trends focusing on fuel-efficient and electrically powered machinery.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Qm5x3fG4UAexlwAYZ0fulA--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/756494c7a779c369540a0d394a46f7fb","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Qm5x3fG4UAexlwAYZ0fulA--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/756494c7a779c369540a0d394a46f7fb"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/manitowoc-company-inc-mtw-among-035845230.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4516","MTW","BK4149"],"gpt_icon":0},{"id":"2492102715","title":"Manitowoc Agrees to Pay $42.6M to Resolve Alleged Clean Air Act Violations","url":"https://stock-news.laohu8.com/highlight/detail?id=2492102715","media":"Dow Jones","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492102715?lang=en_us&edition=fundamental","pubTime":"2024-12-20 02:14","pubTimestamp":1734632040,"startTime":"0","endTime":"0","summary":"Manitowoc agreed to pay a civil penalty of $42.6 million to settle alleged violations of the Clean Air Act with the Justice Department and the Environmental Protection Agency.The agreement allows the provider of lifting equipment for the construction industry to resolve allegations the company imported and sold heavy nonroad cranes with diesel engines that weren't certified to meet applicable emission standards.The EPA on Thursday said that, from 2014 to 2018, Manitowoc imported and sold at least 1,032 diesel engines that didn't meet Clean Air Act emission standards, even after the agency made clear that such conduct wouldn't be tolerated.Manitowoc also failed to comply with Clean Air Act labeling, bonding and reporting requirements, the Justice Department and the EPA added.Overall, the settlement requires Manitowoc to complete a project near the Port of Baltimore to improve air quality and mitigate harm from the allegedly unlawful emissions, as well as retrofit a short-line locomotive","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AIRI","BK4149","BK4187","MTW","BK4516"],"gpt_icon":0},{"id":"2492410214","title":"Manitowoc Agrees to Pay $42.6 Million to Settle Alleged Clean Air Act Violations; Shares Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2492410214","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492410214?lang=en_us&edition=fundamental","pubTime":"2024-12-20 02:09","pubTimestamp":1734631793,"startTime":"0","endTime":"0","summary":"Manitowoc  shares were down 2.3% in recent Thursday trading after the company said it agreed to pay a $42.6 million civil penalty to settle claims related to alleged violations of the Clean Air Act.The settlement with the US Environmental Protection Agency and the US Department of Justice resolves issues stemming from the Transition Program for Equipment Manufacturers, or TPEM, a program under the Clean Air Act.As part of the agreement, Manitowoc said it will also complete an emissions mitigation project by upgrading a short-line locomotive engine in Maryland.The company disclosed in 2022 that an internal investigation revealed potential compliance issues with the TPEM program, specifically regarding certain engines installed in its mobile cranes sold in the US between 2014 and 2017.Price: 8.80, Change: -0.20, Percent Change: -2.27","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["AIRI","BK4149","MTW","BK4516","BK4187"],"gpt_icon":0},{"id":"2492710227","title":"Manitowoc agrees to settle U.S. EPA matter for $42.6M","url":"https://stock-news.laohu8.com/highlight/detail?id=2492710227","media":"TIPRANKS","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492710227?lang=en_us&edition=fundamental","pubTime":"2024-12-20 01:55","pubTimestamp":1734630915,"startTime":"0","endTime":"0","summary":"The Manitowoc (MTW) Company reported that it agreed to the terms of a Consent Decree with the U.S. Environmental Protection Agency and the U.S. 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","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4516","MTW","BK4149"],"gpt_icon":0},{"id":"2492104129","title":"Manitowoc:  per Terms of Agreement, Manitowoc Will Complete an Emissions Mitigation Project Upgrading a Short-Line Locomotive Engine in Maryland","url":"https://stock-news.laohu8.com/highlight/detail?id=2492104129","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492104129?lang=en_us&edition=fundamental","pubTime":"2024-12-20 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Manitowoc has booked a financial reserve for the settlement of this matter.The Manitowoc Company was founded in 1902 and has over a 120-year tradition of providing high-quality, customer-focused products and support services to its markets. Headquartered in Milwaukee, Wisconsin, United States, Manitowoc is one of the world's leading providers of engineered lifting solutions. Manitowoc, through its wholly-owned subsidiaries, designs, manufactures, markets, distributes, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Aspen Equipment, Grove, Manitowoc, MGX Equipment Services, 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