New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
May 22, 2015
09:57 EDTDOVOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:51 EDTDOVDover upgraded to Hold from Sell at Deutsche Bank
Subscribe for More Information
May 19, 2015
12:58 EDTDOVDover seeks to expand core margin 30-50bps per year
Says looking to expand "core" margin 30-50bps per year through productivity. Says seeks to generate free cash flow in excess of 11% of revenue. Sees "broad" organic growth opportunities, including growing core business and continuing to expand geographical presence. Areas for acquisition growth include: Building on position in verticals, pump technologies, opportunities to expand in Fluid Transfer; verticals served in Printing; growing presence in Food Equipment; continuing to build Automation platform. Says recent restructuring actions expected to deliver benefits of around $75M in 2015, other actions delivered another $30M. Expects to continue to raise dividend, will continue to build businesses via acquisitions, says share repurchases remain important component of capital allocation. Comments from slides that will be presented at the Electrical Products Group Conference.
07:18 EDTDOVElectric Products Group to hold a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use