Thursday, January 22, 2009 4:34:30 PM
The Obama Bump: 12 Months of Enormously Green Gains
President Obama isn’t wasting time. Already, he -- or his aides -- have spoken with four Middle Eastern leaders involved in the Israeli-Palestinian conflict, halted war crime trials in Guantanamo, spoken with military leaders about drawing down troops in Iraq and Afghanistan and conferred with members of Congress about the “economic recovery package.” This last one is of significant interest here…
Obama’s original broad proposal a few weeks ago turned into a very detailed plan in the House last week. The Democrats’ proposed plan includes $90 billion for infrastructure spending, $87 billion for Medicaid costs, $54 billion for renewable energy and efficiency and $1 billion for technology development -- and that’s just for starters.
While they hardly seem connected, this recovery plan is going to be crucial for much of our portfolio. We have no way of knowing what the actual numbers in the final package will be, but we do know that many of our holdings will benefit.
For instance, do you really think it’s possible to spend $90 billion on infrastructure without buying or renting a single bulldozer or crane? Absolutely not… that’s where Terex Corp. (TEX: NYSE) comes in.
Recent TEX News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2024 06:42:31 PM
- Terex Updates 2024 Outlook and Announces Third Quarter 2024 Financial Results Conference Call • PR Newswire (US) • 09/19/2024 01:00:00 PM
- Terex Announces Expiration of the Waiting Period Under the HSR Act for Proposed Acquisition of Environmental Solutions Group (ESG) from Dover Corporation • PR Newswire (US) • 09/10/2024 11:12:00 AM
- Terex to Present at the Jefferies Industrials Conference • PR Newswire (US) • 08/28/2024 08:12:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 01:53:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 09:09:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2024 06:56:07 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/31/2024 03:47:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/30/2024 08:27:15 PM
- Terex Reports Strong Second Quarter 2024 Results • PR Newswire (US) • 07/30/2024 08:12:00 PM
- Terex Announces Quarterly Dividend • PR Newswire (US) • 07/30/2024 11:12:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/24/2024 08:43:31 PM
- Terex to Acquire Environmental Solutions Group (ESG) from Dover Corporation, Establishing Leading Presence in Waste and Recycling Market • PR Newswire (US) • 07/22/2024 10:55:00 AM
- Dover to Sell Environmental Solutions Group Business Unit • PR Newswire (US) • 07/22/2024 10:55:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/19/2024 08:43:10 PM
- Terex Announces Second Quarter 2024 Financial Results Conference Call • PR Newswire (US) • 07/19/2024 12:26:00 PM
- Form 144/A - Report of proposed sale of securities: [Amend] • Edgar (US Regulatory) • 06/14/2024 07:58:27 PM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/14/2024 05:35:01 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/29/2024 06:11:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 04:43:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 04:15:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 04:15:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 04:14:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/29/2024 04:14:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 06:31:13 PM
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