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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
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March 27, 2015
12:19 EDTDRCDresser-Rand volatility elevated on European Commission antitrust investigations
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March 26, 2015
10:30 EDTDRCOptions with decreasing implied volatility
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March 25, 2015
10:48 EDTDRCEU suspends Siemens-Dresser-Rand deal investigation, Reuters reports
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March 19, 2015
11:08 EDTDRCDresser-Rand drops 2% after German magazine highlights integration issues
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11:07 EDTDRCDresser-Rand, Siemens integration not smooth, Manager Magazin says
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