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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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August 29, 2014
10:44 EDTSIEGYSiemens awarded $11M task order by USGS
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August 22, 2014
16:05 EDTDRCDresser-Rand not currently running formal sales process, dealReporter says
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August 20, 2014
10:04 EDTSIEGYOn The Fly: Analyst Upgrade Summary
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August 19, 2014
19:26 EDTSIEGYSiemens upgraded to Buy from Neutral at Goldman
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