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Stock Market & Financial Investment News

News Breaks
July 17, 2014
06:17 EDTSIEGY, DRCSiemens preparing bid for Dresser-Rand, Manager Magazin says
Siemens (SIEGY) is working with Lazard on a takeover bid for Dresser-Rand (DRC), Germany's Manager Magazin reports, citing sources close to Siemens. The German multinational would consider a hostile approach should Dresser-Rand rebuff its advances, the report adds. Shares Dresser-Rand, which manufactures a wide variety of products for use in the oil, gas, and process industries, closed yesterday up 12c to $60.42. The company has a market capitalization of $4.62B. Reference Link
News For DRC;SIEGY From The Last 14 Days
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February 27, 2015
16:52 EDTDRCDresser-Rand says 2015 'expected to be a relatively stable year in sales'
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16:50 EDTDRCDresser-Rand to cut 8% of its workforce
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16:48 EDTDRCDresser-Rand reports Q4 adjusted EPS $1.52, consensus $1.30
February 26, 2015
11:03 EDTSIEGYSamsung ranks first in 2014 EU patent applications
The European Patent Office reports that Samsung (SSNLF) was ranked first in number of European patent applications for 2014 with 2,541 applications filed. Philips (PHG) took second place with 2,317, Siemens (SIEGY) took third with 2,133, BASF (BASFY) took sixth with 1,530, Qualcomm (QCOM) took seventh with 1,459, Ericsson (ERIC) took ninth with 1,347, and Intel (INTC) took 10th with 1,054 applications filed.
February 25, 2015
10:49 EDTDRCOptions with increasing implied volatility: DO BHI DRC
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February 24, 2015
09:15 EDTSIEGYSiemens to supply turbines for fuel efficient power plant in Michigan
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