Edition:
United Kingdom

Hyster-Yale Materials Handling Inc (HY.N)

HY.N on New York Stock Exchange

89.00USD
19 Jan 2018
Change (% chg)

$1.66 (+1.90%)
Prev Close
$87.34
Open
$87.14
Day's High
$89.21
Day's Low
$86.80
Volume
8,139
Avg. Vol
17,917
52-wk High
$93.16
52-wk Low
$53.51

Latest Key Developments (Source: Significant Developments)

Hyster-Yale Materials Announces Agreement To Acquire A Controlling Interest In Zhejiang Maximal Forklift
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Hyster-Yale Materials Handling Inc ::HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES AGREEMENT TO ACQUIRE A CONTROLLING INTEREST IN ZHEJIANG MAXIMAL FORKLIFT COMPANY LIMITED.HYSTER-YALE MATERIALS -ENTERED INTO AGREEMENT TO ACQUIRE, 75 PERCENT OF OUTSTANDING SHARES OF ZHEJIANG MAXIMAL FORKLIFT CO FOR PURCHASE PRICE OF $90 MILLION.HYSTER-YALE MATERIALS HANDLING INC - ‍REMAINING 25 PERCENT SHARE OF NEW COMPANY WILL BE OWNED BY CURRENT ZHEJIANG MAXIMAL FORKLIFT SENIOR MANAGEMENT.  Full Article

HYSTER-YALE MATERIALS HANDLING REPORTS Q3 EARNINGS PER SHARE $1.00
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Hyster-yale Materials Handling Inc :HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES THIRD QUARTER 2017 RESULTS.Q3 EARNINGS PER SHARE $1.00.Q3 REVENUE $691.1 MILLION VERSUS I/B/E/S VIEW $661.4 MILLION.Q3 EARNINGS PER SHARE VIEW $0.43 -- THOMSON REUTERS I/B/E/S.QTRLY ‍LIFT TRUCK REVENUES $652.3 MILLION VERSUS $594.9 MILLION​.  Full Article

Hyster-Yale Materials Q2 earnings per share $0.51
Monday, 8 Aug 2016 

Hyster-Yale Materials Handling Inc : Hyster-Yale materials handling, inc. Announces second quarter 2016 results . Q2 earnings per share $0.51 . Q2 earnings per share view $0.85 -- Thomson Reuters I/B/E/S . Q2 revenue $645.6 million versus I/B/E/S view $632.3 million . Hyster-Yale Materials Handling - expects operating profit and net income in second half of 2016, and in Q3 in particular, to be lower than comparable periods in 2015 . Hyster-Yale Materials Handling- consolidated worldwide new unit shipments decreased to about 21,100 units in Q2 2016 from about 22,400 units in Q2 2015 .Hyster-Yale Materials Handling Inc Q2 2016 bookings were about 21,700 units compared with approximately 21,400 units from Q2 of 2015.  Full Article

Hyster-Yale unit announces provisional results of tender offer on Bolzoni
Monday, 30 May 2016 

Bolzoni SpA : Announced on Friday the provisional results of the mandatory tender offer on Bolzoni shares by Hyster-Yale Capital Holding Italy Srl (HY Italy), a wholly-owned unit of Hyster-Yale Materials Handling Inc . According to the provisional results, 8,154,203 shares were tendered, corresponding to about 31.4 percent of Bolzoni share capital, for the value of 35.1 million euros ($38.95 million) . If the provisional results of the tender offer are confirmed, HY Italy will own a total 93.8 percent stake in Bolzoni .Since at the end of the tender period HY Italy's stake in Bolzoni is higher than 90 percent but lower than 95 percent, the re-opening of the tender period will not take place.  Full Article

Hyster-Yale Materials Handling Inc to acquire indirect control of Bolzoni SpA
Monday, 15 Feb 2016 

Hyster-Yale Materials Handling Inc:Enters definitive agreement with Penta Holding SpA to buy via indirect wholly-owned unit 100 percent of Penta's outstanding shares for aggregate purchase price of 53,495,837 euros.Penta is the holder of a majority stake of about 50.4 percent in Bolzoni SpA.Closing of transaction is expected to take place during the second quarter of 2016.Following the closing of the transaction, Hyster-Yale, via indirect wholly-owned unit, will launch mandatory tender offer for all of outstanding shares of Bolzoni SpA at the price in cash of 4.30 euros per share.Hyster-Yale intends to pursue the delisting of Bolzoni SpA following completion of mandatory tender offer.Acquisition is expected to be funded using Hyster-Yale's cash on hand and borrowings under Hyster-Yale's existing credit facility.  Full Article

BRIEF-Hyster-Yale Materials Announces Agreement To Acquire A Controlling Interest In Zhejiang Maximal Forklift

* HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES AGREEMENT TO ACQUIRE A CONTROLLING INTEREST IN ZHEJIANG MAXIMAL FORKLIFT COMPANY LIMITED