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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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December 18, 2014
13:31 EDTDOVHoneywell to acquire Datamax-O'Neil for $185M
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December 9, 2014
10:23 EDTDOVOn The Fly: Analyst Downgrade Summary
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06:19 EDTDOVDover downgraded to Sell from Hold at Deutsche Bank
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December 8, 2014
08:49 EDTDOVDover cuts FY14 adjusted EPS $4.55-$4.62 from $4.750$4.80, consensus $4.77
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08:48 EDTDOVDover sees FY15 EPS $5.05-$5.30, consensus $5.21
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06:08 EDTDOVDover to host investor meeting
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December 5, 2014
10:00 EDTDOVOn The Fly: Analyst Downgrade Summary
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09:28 EDTDOVDover downgraded at BofA/Merrill
As previously reported, Bofa/Merrill downgraded Dover to Neutral from Buy. The analyst expects Dover's upstream exposure to be a headwind in 2015 given the growing risks from a slowdown in global drilling and completion spending. Price target to $85 from $93.
07:30 EDTDOVDover downgraded to Neutral from Buy at BofA/Merrill

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