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Stock Market & Financial Investment News

News Breaks
July 17, 2014
06:17 EDTDRC, SIEGYSiemens 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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July 29, 2014
08:15 EDTSIEGYEnzo Biochem announces August 18 as date of Markman hearing in lawsuit
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July 23, 2014
06:43 EDTDRCValueAct lowers stake in Dresser-Rand to 2.6% from 6.6%
July 18, 2014
09:14 EDTDRC, SIEGYGE says not done with divestitures, likes current Oil & Gas portfolio
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