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Stock Market & Financial Investment News

News Breaks
August 11, 2014
09:16 EDTDOVDover subsidiary OPW to acquire Liquip, terms not disclosed
OPW, a business unit within Dover's Fluids segment, announced it has signed a definitive agreement to acquire all the outstanding shares of Liquip International headquartered in Smithfield, NSW, Australia. Liquip is a leading Australian designer and manufacturer of bulk liquid handling and storage solutions in the petroleum, aviation, and chemical markets. Liquip expects to generate revenue of approximately $40M in 2014. The transaction is subject to certain customary and other closing conditions, and is expected to close in Q3. Terms of the transaction were not disclosed.
News For DOV From The Last 14 Days
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July 21, 2015
07:11 EDTDOVDover says Q2 impacted by diminished demand, inventory reductions
CEO Robert Livingston commented, "In the quarter, we continued to be impacted by diminished demand and customer inventory reductions in our North American Energy markets. We were also affected by reduced customer capital spending in retail refrigeration, oil & gas related pump markets and our industrial businesses within Engineered Systems. These factors offset the benefits of our broad-based cost containment initiatives and restructuring actions, causing our overall results to be below our prior expectations."
07:11 EDTDOVDover reports Q2 organic revenue down 10%
The company saw a 4% unfavorable impact from foreign exchange in Q2.
07:02 EDTDOVDover sees FY15 adjusted EPS $3.75-$3.90, consensus $3.78
The EPS includes 16c-19c of restructuring charges. Sees FY15 revenue to decline 8%-9%, consensus $7.04B. The company said completed acquisitions will provide approximately 3% and FX is expected to be a 4% headwind.
07:01 EDTDOVDover reports Q2 EPS 97c, consensus 99c
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July 20, 2015
15:01 EDTDOVNotable companies reporting before tomorrow's open
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