New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 17, 2014
18:16 EDTDRCDresser-Rand sees 2013 revenue ex-Spanish regulation $3.0B-$3.2B
Dresser-Rand said that before any impact of the proposed Spanish regulation, the company expects revenues for 2014 to be approximately $3.0B-$3.2B with operating income approximately 3%-5% higher than 2013 due to productivity gains from its operational excellence initiatives. The consensus revenue estimate is $3.37B. Dresser-Rand noted that because the Spanish regulation has not yet been finalized there is the possibility that plant operations remain suspended and it currently believes the impact on 2014 results would be to reduce revenues and operating income by approximately $125M and $15M, respectively.
News For DRC From The Last 14 Days
Check below for free stories on DRC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 23, 2014
06:43 EDTDRCValueAct lowers stake in Dresser-Rand to 2.6% from 6.6%
July 18, 2014
09:14 EDTDRCGE says not done with divestitures, likes current Oil & Gas portfolio
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use