Terex (TEX): Q4 EPS of $0.62 beats by $0.01. Revenue of $2.08B (-19.7%) vs. $2.28B. Sees 2009...

|About: Terex Corporation (TEX)|By:, SA News Editor
Terex (TEX): Q4 EPS of $0.62 beats by $0.01. Revenue of $2.08B (-19.7%) vs. $2.28B. Sees 2009 revenue down 30-35%. General hiring freeze; headcount reductions; eliminating salary increases in 2009 for management; significant reductions in executive long-term compensation. Shares -17.8% AH. (PR)