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Stock Market & Financial Investment News

News Breaks
December 5, 2012
07:10 EDTDORMDorman Products declares special cash dividend of $1.50 per share
Dorman Products announced that it will pay a $1.50 per share special cash dividend. The special cash dividend will be payable on December 28 to shareholders of record at the close of business on December 17. The aggregate amount of payment to be made in connection with this special dividend will be approximately $55M based on the current number of shares outstanding.
News For DORM From The Last 14 Days
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September 18, 2014
09:33 EDTDORMDorman Products weakness a buying opportunity, says BB&T
BB&T said recent weakness in Dorman is a buying opportunity longer-term given a likely Q2 margin trough and notes the First to Stock sales program has been in place several years and is not a significant part of its business mix. Shares are Buy rated.
September 17, 2014
09:07 EDTDORMDorman reported results have 'sizeable subjectivity,' says B. Riley
After conducting channel checks, B. Riley says it uncovered a little known program carried out by Dorman, in which the company ships new products and line updates to warehouse distributors, but the warehouse distributors do not explicitly order the products and are typically given the right to return unlimited amounts of the products for one year, according to the firm. B. Riley believes that the challenges associated with estimating returns from such a program are considerable, and make the company's reported results significantly subjective. B. Riley reiterates a Sell rating on the stock.

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