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Stock Market & Financial Investment News

News Breaks
May 24, 2013
07:44 EDTDOVDover price target raised to $90 from $80 at RW Baird
Baird raised its price target on Dover following announcement of plans to spin off certain Communications Technologies assets into a new company. The firm views the unlocking of shareholder value and the re-focusing on core industrial markets as a positive driver. Shares are Outperform rated.
News For DOV From The Last 14 Days
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April 24, 2015
16:01 EDTDOVRBC Bearings announces closing of Sargent Aerospace & Defense acquisition
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April 21, 2015
07:05 EDTDOVDover reports Q1 EPS 72c, consensus 71c
Reports Q1 revenue $1.72B, consensus $1.72B. The decrease in revenue was driven by an organic revenue decline of 6% and a 4% unfavorable impact from foreign exchange, offset in part by 5% growth from acquisitions. The company incurred $24M in restructuring charges in the quarter, primarily in Energy. These restructuring actions were in addition to $37M in charges incurred in the fourth quarter of 2014. Dover expects to pursue additional cost reduction actions as we move through the year.
07:05 EDTDOVDover backs FY15 adjusted EPS $4.20-$4.40, consensus $4.22
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April 20, 2015
15:37 EDTDOVNotable companies reporting before tomorrow's open
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