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Stock Market & Financial Investment News

News Breaks
November 5, 2012
07:08 EDTDOVDover announces intention to divest certain non-core businesses
Dover announced that, consistent with its long-term focus on strengthening its portfolio, it intends to divest certain non-core businesses which serve the electronic assembly and test markets. The company will provide updates on the progress of these planned divestitures as appropriate. CEO Robert A. Livingston commented: "We plan to divest certain businesses outside our five key growth spaces, which will allow us to continue to focus on Energy, Refrigeration and Food Equipment, Communication Components, Product Identification, and Fluids. In addition, our acquisition pipeline remains robust, and we expect to close a couple of opportunities before year end. Taken together, these initiatives demonstrate the conviction we have in our strategy, the long-term prospects of our five growth spaces and our commitment to creating shareholder value."
News For DOV From The Last 14 Days
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April 9, 2014
11:16 EDTDOVKnowles represents a solid investment, Barron's reports
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April 2, 2014
10:00 EDTDOVOn The Fly: Analyst Upgrade Summary
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06:49 EDTDOVDover upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded Dover following the recent spin-off of Knowles and raised its price target to $93 from $81. The firm believes M&A could provide upside to earnings and that acceleration in the Energy segment deserves a premium multiple.

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